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    Urbana, IL Bars & Pubs for Sale

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    Champaign, IL Savoy, IL Philo, IL
    Remodeled Bar & Karaoke Venue
    $970,000
    8,800 SF

    Remodeled Bar & Karaoke Venue

    214 W Main St, Urbana, IL

    Turnkey bar and karaoke venue with leaseback opportunity.

    • 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.
    Updated: Nov 4, 2025
    View details
    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.

    Restaurant/Bar with 3-Way Liquor License
    $329,900

    Restaurant/Bar with 3-Way Liquor License

    Bar and restaurant near Union Hospital and ISU campus.

    1145 Lafayette Avenue, Terre Haute, IN 47804
    View details
    Terre Haute Restaurant/Bar Opportunity
    $149,000
    0.21 Acres

    Terre Haute Restaurant/Bar Opportunity

    Prime commercial location near downtown, universities, and convention center.

    830 Oak Street, Terre Haute, IN 47807
    View details
    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room, outdoor area, and loyal customers.

    401 Limit Street, Lincoln, IL 62656
    View details
    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
    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
    $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
    View details
    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
    View details
    Springfield Restaurant and Land Opportunity
    $475,000

    Springfield Restaurant and Land Opportunity

    Restaurant, bar, and land for sale in Springfield, Illinois.

    951 Durkin Drive, Springfield, IL 62704
    View details
    Commercial Land in Itasca, IL
    Contact for pricing
    0.17 Acres

    Commercial Land in Itasca, IL

    Commercial land available for sale in Itasca, Illinois.

    100 S Walnut Street, Itasca, IL 60143
    View details

    Urbana, IL Bars & Pubs Investment Opportunities Market Analysis

    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

    Conventional restaurants 2
    Drive through restaurants 2
    Bars & Pubs 1
    Coffee shops 1

    Property Size Breakdown

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

    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%

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