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    Springfield, IL
    Bar & Pub

    Springfield, IL Bars & Pubs for Sale

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    Grandview, IL Southern View, IL Sherman, IL Rochester, IL Chatham, IL Cantrall, IL Riverton, IL Decatur, IL
    10 properties
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    Renovated Restaurant Building with Patio
    Updated: Jun 25
    Renovated Restaurant Building with Patio

    517 S 4TH Street, Springfield, IL 62701

    $469,999
    Approximately 9,000 square feet across two levels, with 4,500 square feet on each level
    Main floor seating for approximately 118 guests; lower level seats an additional 125
    Professional kitchen with dual commercial exhaust hoods and extensive gas and electrical service
    Full‑service bar, lounge area, and outdoor patio
    Renovations completed in 2017 included HVAC, flooring, and mechanical systems
    View details
    Mixed-Use Property with Entertainment Space
    Updated: Dec 1, 2024
    Mixed-Use Property with Entertainment Space

    427 MONROE Street, Springfield, IL 62701

    $590,000
    0.50 AC lot
    Approximately 6,000 square feet of entertainment space
    Open entertainment layout with 2 bars and a stage
    2 outdoor seating areas
    Third‑floor office suites and ground‑level retail space
    Corner location at 5th and Monroe in downtown Springfield
    View details
    Three-Story Restaurant with Full Kitchen
    Three-Story Restaurant with Full Kitchen

    620 S 1ST Street, Springfield, IL 62704

    $175,000
    0.23 AC lot

    Historic hospitality building with multiple levels, bar service, and a full kitchen.

    View details
    See hot listings in Springfield

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Two-Story Brewery and Taproom
    Two-Story Brewery and Taproom

    406 E Adams Street, Springfield, IL 62701

    $240,000
    3,740 sqft

    Two-story masonry building with full unfinished basement, built-out bars, production space, and updated plumbing and electrical systems.

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    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.

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    Equipped Restaurant with Bar
    Equipped Restaurant with Bar

    301 W N Grand Avenue, Springfield, IL 62702

    $429,900

    Established restaurant infrastructure includes dining, bar, kitchen, equipment, fixtures, and parking within a flexible commercial layout.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Restaurant and Adjacent Lot
    Restaurant and Adjacent Lot

    951 Durkin Drive, Springfield, IL 62704

    $425,000

    Established restaurant property with dining, bar, lounge, stage, and additional land for future use.

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    Historic Springfield Mixed-Use Building
    Historic Springfield Mixed-Use Building

    206 S 6th St, Springfield, IL 62701

    Contact for pricing
    21,360 sqft

    Three-story office and retail building in downtown Springfield.

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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    518 E CAPITOL Avenue, Springfield, IL 62701

    $95,000

    The building retains Italianate architectural details and requires cleanout and extensive repairs.

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    Restaurant Building with Gaming Room
    Restaurant Building with Gaming Room

    1577 W WABASH Avenue, Springfield, IL 62704

    $450,000

    Rebuilt commercial property with dining areas, bar service, offices, and flexible retail or restaurant use.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 10 Active listings in Springfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Restaurant and Bar with Event Space
    Restaurant and Bar with Event Space

    1230 5TH Street, Lincoln, IL 62656

    $190,000
    0.33 AC lot

    Commercial-zoned property with indoor dining, a commercial kitchen, and outdoor gathering areas.

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    Multi-Story Retail and Office Building
    Multi-Story Retail and Office Building

    217 W JEFFERSON ST, Bloomington, IL 61701

    Contact for pricing
    20,240 sqft

    First floor is leased to an arcade bar, with additional space available on the second floor and other floors leased.

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    Restaurant and Bar with Event Space
    Restaurant and Bar with Event Space

    1230 5th Street, Lincoln, IL 62656

    $190,000

    Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.

    View details
    Downtown Bloomington Sports Bar
    Downtown Bloomington Sports Bar

    102 W Washington St, Bloomington, IL 61701

    Contact for pricing

    Established sports bar with full kitchen and gaming area.

    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.

    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    700 W JEFFERSON Street, Springfield, IL 62702

    $175,000
    0.59 AC lot

    B1-zoned corner parcel with street access, utility availability, and established commercial redevelopment potential.

    View details

    Springfield, IL Bars & Pubs Market Trends and Statistics

    Explore 10 bars & pubs for sale in Springfield, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 25,100 square feet of properties for sale, with an estimated market value of $3,459,899.

    Sale prices for pubs in Springfield, IL start at $95,000, averaging $384,433, and reaching up to $590,000 — 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

    Conventional restaurants 30
    Bars & Pubs 12
    Drive through restaurants 9
    Commercial kitchens 5

    Demographics Overview

    Population 138K
    Population Growth (5Y) +1.9%
    Median Household Income $70,314
    College Educated 9.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62701 $356.2K
    62704 $408.8K
    62702 $429.9K
    62711 $599K
    62712 $850K

    Taxes & Financing

    Tax Rate (average for all types) 8.64%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sangamon County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Browse Bars & Pubs for Sale Near Springfield, IL

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    Most Searched ZIP Codes in Springfield, IL

    • 62701
    • 62704
    • 62702

    Featured Springfield Real Estate Agencies

    Realmo connects you with licensed Springfield CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Capital
    3171 Robbins Road Springfield, IL 62704
    Phone: 12175534368
    www.kwspi.com
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