Newman, IL
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    Newman, IL Bars & Pubs for Sale

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    Longview, IL Alvin, IL Camargo, IL
    Updated Bar & Grill Opportunity
    $235,000
    3,910 SF
    Updated Bar & Grill Opportunity

    107 E Yates St, Newman, IL 61942

    Well-maintained bar and grill with recent updates and renovations.
    • Seller financing available
    • Well‑maintained bar & grill with established customer base
    • Recent renovations including new roof, AC/furnace, and updated women's restroom
    • New walk‑in freezer, fryer, refrigerator, pool table, smoker, POS system, and oven (2022)
    • Complete bar renovation with new flooring, bar/bar top, draft system, beer coolers, updated electrical, awning, and camera system (2017)
    Updated: Aug 22, 2023
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Newman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Pub Opportunity
    $315,000
    1,881 SF
    Turnkey Restaurant and Pub Opportunity

    Iconic restaurant/pub with fixtures, licenses, and inventory included.

    104 W Taylorville Road, Taylorville, IL 62568

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    Turn-Key Bar in Lincoln, IL
    $250,000
    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit Street, Lincoln, IL 62656

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    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF
    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit St, Lincoln, IL 62656

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    Historic Downtown Corner Building
    $499,900
    15,400 SF
    Historic Downtown Corner Building

    Gemstone building in historic downtown Taylorville with restaurant potential.

    100 E MARKET Street #102, Taylorville, IL 62568

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Corner Lot with Liquor License
    $199,900
    0.59 Acres
    Corner Lot with Liquor License

    Commercial lot suitable for restaurant, gaming, liquor, or coffee shop.

    700 W JEFFERSON Street, Springfield, IL 62702

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    Restaurant and Development Lot
    $475,000
    Restaurant and Development Lot

    Own a long-running restaurant with an additional lot and nearby parking for expansion or a second concept.

    951 Durkin Drive, Springfield, IL 62704

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    Dwight Commercial Development Opportunity
    $1,200,000
    5.50 Acres
    Dwight Commercial Development Opportunity

    Restaurant, bar, and commercial land for sale in Dwight, IL.

    900 N Union Street, Dwight, IL 60420

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    47 Acres Commercial Land Opportunity
    $600,000
    47.04 Acres
    47 Acres Commercial Land Opportunity

    47 acres of commercial land near major highways.

    0 State Route 111 Road, Wood River, IL 62095

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    Newman, IL Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Newman, IL on our real estate platform. These investment opportunities span a total of 3,910 square feet of properties for sale, with an estimated market value of $235,000.

    Sale prices for pubs in Newman, IL start at $235,000, averaging $235,000, and reaching up to $235,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1

    Demographics Overview

    Population 1,031
    Population Growth (5Y) -1.3%
    Median Household Income $74,179
    College Educated 22.6%

    High-Yield Neighborhoods for Investment

    Identify Newman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61942 $235K

    Taxes & Financing

    Tax Rate (average for all types) 7.12%
    Property Tax per SF $93.28 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Douglas County

    New Delisted

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