Bar & Pub

Urbana, IL Bars & Pubs for Sale

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Champaign, IL Savoy, IL Philo, IL
Remodeled Bar & Karaoke Venue
Updated: Nov 4, 2025
Remodeled Bar & Karaoke Venue

214 W Main St, Urbana, IL

$970,000
8,800 sqft · 0.11 AC lot
Remodeled in 2014 with updated HVAC system and a new roof installed in June 2025.
Two‑story building with 8,800 sq ft of usable space (4,400 sq ft per floor).
Main level features a bar area, five karaoke rooms, full kitchen, and restrooms.
Second level has a separate entrance, bar area, private seating, restrooms, and seven private karaoke rooms.
Full basement includes a restroom, walk‑in cooler/freezer, office space, and additional storage.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Urbana, 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
Turnkey Restaurant and Pub Opportunity

104 W Taylorville Road, Taylorville, IL 62568

$315,000
1,881 sqft

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

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Turn-Key Bar in Lincoln, IL
Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000

Thriving bar with party room and outdoor area for sale.

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Turn-Key Bar in Lincoln, IL
Turn-Key Bar in Lincoln, IL

401 Limit St, Lincoln, IL 62656

$250,000
2,220 sqft

Thriving bar with party room and outdoor area for sale.

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Historic Downtown Corner Building
Historic Downtown Corner Building

100 E MARKET Street #102, Taylorville, IL 62568

$499,900
15,400 sqft

Gemstone building in historic downtown Taylorville with restaurant potential.

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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.

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.

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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.

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Restaurant and Development Lot
Restaurant and Development Lot

951 Durkin Drive, Springfield, IL 62704

$475,000

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

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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.

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Urbana, IL Bars & Pubs Market Trends and Statistics

Explore 1 bars & pubs for sale in Urbana, IL on our real estate platform. These investment opportunities span a total of 8,800 square feet of properties for sale, with an estimated market value of $970,000.

Sale prices for pubs in Urbana, IL start at $970,000, averaging $970,000, and reaching up to $970,000 — 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 2
Drive through restaurants 2
Bars & Pubs 1
Coffee shops 1

Demographics Overview

Population 47K
Population Growth (5Y) -5.1%
Median Household Income $46,466
College Educated 55.8%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Urbana fall within the 25,000 to 50,000 square foot range.

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