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 sq ft main level with two bars and a large commercial kitchen
2,643 sq ft unfinished basement for storage
Outdoor beer garden with gazebo and pond
0.33‑acre property at 1230 5th Street, Lincoln, IL 62656
Commercial zoning with restaurant and event capabilities
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Restaurant and Bar with Event Space
Updated: Aug 25
Restaurant and Bar with Event Space

1230 5th Street, Lincoln, IL 62656

$190,000
4,876‑square‑foot main level with two bars and a large commercial kitchen
2,643‑square‑foot unfinished basement for storage
Outdoor beer garden with gazebo and pond
Interior areas support dining, entertainment, and banquet functions
Commercial zoning
View details
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 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.

Corner Retail Building with Kitchen
Corner Retail Building with Kitchen

701 W ADAMS Street, Taylorville, IL 62568

$199,000
0.46 AC lot

Commercial retail building with flexible open space, private offices, customer parking, and a commercial kitchen.

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Bar and Pub with Full Kitchen
Bar and Pub with Full Kitchen

104 W Taylorville Road, Taylorville, IL 62568

$315,000

Food-and-beverage venue with dining, banquet, gaming, patio, and commercial kitchen areas.

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Furnished Restaurant with Full Kitchen
Furnished Restaurant with Full Kitchen

716 Enos Avenue, Springfield, IL 62702

$184,900

R-5(b) zoning accompanies a furnished restaurant with dedicated dining, kitchen, storage, and parking components.

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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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Lincoln, IL Commercial Kitchens Market Trends and Statistics

Explore 2 commercial kitchens for sale in Lincoln, IL on our real estate platform.

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 4
Commercial kitchens 3
Conventional restaurants 3

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 $190K

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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