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    Sheffield, IL
    Bar & Pub

    Sheffield, IL Bars & Pubs for Sale

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    Mineral, IL Neponset, IL Princeton, IL Tiskilwa, IL Deer Grove, IL Atkinson, IL Cambridge, IL Carbondale, IL
    Hotel with Restaurant and Bar
    Updated: Jul 13
    Hotel with Restaurant and Bar

    16733 Il Highway 40, Sheffield, IL 61361

    $299,000
    2.55 AC lot
    Former Knights Inn hospitality property built in 1979
    Approximately 24,000 SF with 50 guest rooms
    Includes manager’s and owner’s apartments
    On‑site amenities include fitness room, restaurant, and bar
    Conveniently located off I‑80 at Exit 45 in Sheffield, IL
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sheffield, 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 Bar and Grill with Patio
    Turnkey Bar and Grill with Patio

    707 Freeport Road, Sterling, IL 61081

    $799,000
    2.52 AC lot

    Fully equipped bar and grill with commercial kitchen, gaming room, and spacious outdoor patio for immediate operations.

    View details
    Turnkey Bar and Grill Restaurant
    Turnkey Bar and Grill Restaurant

    707 Freeport Road, Sterling, IL 61081

    $799,000

    Turnkey bar and grill setup with a fully equipped kitchen, gaming room, and large outdoor patio.

    View details
    Turnkey Bar and Restaurant Opportunity
    Turnkey Bar and Restaurant Opportunity

    253 9th St, La Salle, IL 61301

    $199,000
    4,451 sqft

    Established bar and restaurant with equipment, inventory, and loyal clientele.

    View details
    LaSalle Bar with Residential Income
    LaSalle Bar with Residential Income

    945 1st St, La Salle, IL 61301

    $174,999
    2,800 sqft

    Bar with rental apartment and outdoor development potential.

    View details

    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.

    Dwight Commercial Development Opportunity
    Dwight Commercial Development Opportunity

    900 N Union Street, Dwight, IL 60420

    $1,200,000
    5.50 AC lot

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

    View details
    Commercial Land in Itasca, IL
    Commercial Land in Itasca, IL

    100 S Walnut Street, Itasca, IL 60143

    Contact for pricing
    0.17 AC lot

    Commercial land available for sale in Itasca, Illinois.

    View details
    Corner Lot with Liquor License
    Corner Lot with Liquor License

    700 W JEFFERSON Street, Springfield, IL 62702

    $199,900
    0.59 AC lot

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

    View details
    Restaurant and Bar Property
    Restaurant and Bar Property

    951 Durkin Drive, Springfield, IL 62704

    $475,000

    Restaurant property with formal dining, bar and lounge seating, plus an adjacent lot and parking.

    View details

    Sheffield, IL Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Sheffield, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $299,000.

    Sale prices for pubs in Sheffield, IL start at $299,000, averaging $299,000, and reaching up to $299,000 — 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
    Conventional restaurants 1

    Demographics Overview

    Population 1,363
    Population Growth (5Y) +22.0%
    Median Household Income $92,344
    College Educated 34.8%

    Taxes & Financing

    Tax Rate (average for all types) 8.20%
    Tax Rate vs County Average 0.37 pp below county avg
    Average Loan-to-Value 65.0%

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