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    Pana, IL
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    Pana, IL Bars & Pubs for Sale

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    Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Ramsey, IL Stonington, IL
    Historic Restaurant and Bar Venue
    Updated: Sep 8
    Historic Restaurant and Bar Venue

    504 E JACKSON Street, Pana, IL 62557

    $575,000
    0.91 AC lot
    0.91‑acre restaurant, bar, and entertainment property at 504 E Jackson Street in downtown Pana
    Former ice house restored in 2020 with exposed brick and two‑story vaulted ceilings
    2021 addition includes a full commercial kitchen and dedicated gaming room
    Outdoor area has a second full‑service bar, covered seating for 30+, and a performance stage
    Ample parking supports regular operations and larger gatherings
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    8-Lane Bowling Alley
    8-Lane Bowling Alley

    100 W Front Street, Nokomis, IL 62075

    $380,000
    0.69 AC lot

    Bowling and restaurant facility with an equipped kitchen, bar service, upper-level apartment, and supporting garage.

    View details
    Two-Story Bar & Pub with Apartment
    Two-Story Bar & Pub with Apartment

    315 S West Street, Stonington, IL 62567

    $130,000

    Includes a separate gaming room, event-capable dining area, and an upstairs residential unit.

    View details
    Full-Service Restaurant with Bar
    Full-Service Restaurant with Bar

    2709 S MACARTHUR Boulevard, Springfield, IL 62704

    $585,000

    Distinct dining and bar areas include booths for two within the restaurant’s existing layout.

    View details
    Remodeled Bar Entertainment Property
    Remodeled Bar Entertainment Property

    1220 Old Toronto Road, Springfield, IL 62712

    $850,000
    1.26 AC lot

    Commercially zoned bar business with a beer garden, stage, gaming, and on-site parking areas.

    View details

    Off-Market Properties in Pana, IL

    Consider similar Off-Market properties in Pana, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2517 Il-16
    Restaurants

    2517 Il-16, Pana, IL 62557

    Estimated value:
    by Request
    4,208 sqft 0.72 AC lot
    View details

    Pana, IL Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Pana, IL on our real estate platform.

    Sale prices for pubs in Pana, IL average $575,000 — 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
    Commercial kitchens 1
    Conventional restaurants 1

    Demographics Overview

    Population 6,859
    Population Growth (5Y) -3.6%
    Median Household Income $51,769
    College Educated 23.7%

    Taxes & Financing

    Average Loan-to-Value 65.0%

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