Commercial Kitchen

Lincoln, IL Commercial Kitchens for Sale

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Restaurant and Bar with Event Space
Updated: Aug 12
Restaurant and Bar with Event Space

1230 5TH Street, Lincoln, IL 62656

$190,000
0.33 AC lot
4,876 SF main level with two bars and a commercial kitchen
2,643 SF unfinished basement for storage or future buildout
Outdoor beer garden with gazebo and pond
Interior areas support dining, entertainment, and banquets
Commercial zoning on a 0.33‑acre property
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Conventional Restaurant with Event Space
Updated: Aug 12
Conventional Restaurant with Event Space

1230 5th Street, Lincoln, IL 62656

$190,000
7,567 sqft
4,876 sq ft main level with two bars and a large commercial kitchen
2,643 sq ft unfinished basement for storage or future expansion
Outdoor beer garden with gazebo and pond
Space for dining, entertainment, banquets, private gatherings, and community events
Commercial zoning at 1230 5th Street, Lincoln, IL 62656
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant and Bar with Kitchen
Restaurant and Bar with Kitchen

301 W North Grand Avenue, Springfield, IL 62702

$429,900
4,800 sqft

Configured for restaurant operations with dining, bar, kitchen, parking, and included furnishings and equipment.

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Turnkey Restaurant with Kitchen Equipment
Turnkey Restaurant with Kitchen Equipment

301 E MAIN Street, South Pekin, IL 61564

$39,900
0.19 AC lot

Turnkey restaurant with central air, forced-air natural gas heat, and a complete commercial kitchen package on a 0.19-acre lot.

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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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Drive-Through Restaurant Building
Drive-Through Restaurant Building

807 W Main St, South Pekin, IL 61564

Contact for pricing

Former Subway drive-through restaurant includes walk-in refrigerator and freezer with complete kitchen buildout and concrete parking.

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Lincoln, IL Commercial Kitchens Market Trends and Statistics

Explore 2 commercial kitchens for sale in Lincoln, IL on our real estate platform. These investment opportunities span a total of 7,567 square feet of properties for sale, with an estimated market value of $380,000.

Sale prices for industrial kitchens in Lincoln, IL average $190,000 — 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 7
Commercial kitchens 2
Conventional restaurants 2

Demographics Overview

Population 18K
Population Growth (5Y) -6.0%
Median Household Income $59,129
College Educated 25.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62656 $199.9K

Taxes & Financing

Tax Rate (average for all types) 8.36%
Property Tax per SF $6.81 per SF
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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