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    Waverly, IL
    Bar & Pub

    Waverly, IL Bars & Pubs for Sale

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    New Berlin, IL Franklin, IL Pleasant Plains, IL Chatham, IL Springfield, IL Auburn, IL Virden, IL Jacksonville, IL
    Restaurant-Ready Commercial Property
    Updated: Jul 22
    Restaurant-Ready Commercial Property

    223 N Pearl Street, Waverly, IL 62692

    $125,000
    0.15 AC lot
    Approximately 7,000‑square‑foot restaurant‑oriented commercial property
    Two connected, two‑story buildings; each floor offers approximately 3,500 square feet
    Main level includes indoor grill, ovens, refrigeration, freezers, bar cooling, dishwasher, and vented exhaust
    Unfinished upper level provides approximately 3,500 square feet for storage or future commercial buildout
    Approximately 0.15 acres in downtown Waverly beside the town square
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Waverly, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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 Patio
    Restaurant and Bar with Patio

    204 E Wyatt Street, Franklin, IL 62638

    $195,000
    3,120 sqft

    Commercial restaurant property with indoor dining, a private event room, bar service, and seasonal outdoor gathering space.

    View details
    Restaurant with Outdoor Bar and Beer Garden
    Restaurant with Outdoor Bar and Beer Garden

    133 S 2ND Street, Girard, IL 62640

    $350,000
    0.28 AC lot

    Brick restaurant with central air and forced-air heating, offering bar and gaming plus an outdoor beer garden.

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    Bar & Pub with Patio and Gaming
    Bar & Pub with Patio and Gaming

    204 E Wyatt Street, Franklin, IL 62638

    $195,000

    Bar and pub with about 3,120 SF, patio/beer garden space, and a gaming area with 6 machines.

    View details
    Profitable Restaurant & Bar on Route 66
    Profitable Restaurant & Bar on Route 66

    133 S 2ND Street, Girard, IL 62640

    Contact for pricing

    Established restaurant and bar with multiple revenue streams and gaming.

    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.

    Restaurant with Bar, Lounge and Stage
    Restaurant with Bar, Lounge and Stage

    951 Durkin Drive, Springfield, IL 62704

    $425,000

    Restaurant property with formal dining, bar and lounge seating, a stage for live music, and central air under S2 zoning.

    View details
    Commercial Corner Development Site
    Commercial Corner Development Site

    700 W JEFFERSON Street, Springfield, IL 62702

    $175,000
    0.59 AC lot

    Corner lot on West Jefferson and Walnut Streets with utilities onsite and two access points.

    View details

    Waverly, IL Bars & Pubs Market Trends and Statistics

    Explore 1 bars & pubs for sale in Waverly, IL on our real estate platform.

    Sale prices for pubs in Waverly, IL average $125,000 — 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 2,128
    Population Growth (5Y) +0.3%
    Median Household Income $66,619
    College Educated 30.2%

    Taxes & Financing

    Tax Rate (average for all types) 6.13%
    Property Tax per SF $76.29 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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