Commercial Kitchen

Lincoln, IL Commercial Kitchens for Sale

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Broadwell, IL Annawan, IL Mt Pulaski, IL
Restaurant and Bar with Beer Garden
Updated: Feb 10
Restaurant and Bar with Beer Garden

1230 5TH Street, Lincoln, IL 62656

$199,900
0.33 AC lot
Main level restaurant and bar offers 4,876 sq ft with two bars and a large commercial kitchen
Basement includes 2,643 sq ft unfinished storage for inventory or future expansion
Outdoor beer garden with gazebo and a quaint pond for warm‑weather events
Fully equipped restaurant and bar with event capabilities, including space for dining, entertainment, or banquets
Heating: forced air natural gas; cooling: central air
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Historic Restaurant and Residential Portfolio
Historic Restaurant and Residential Portfolio

101-105 W Sale Street, Tuscola, IL 61953

$750,000
0.22 AC lot

Turn-key dining space with a partially finished apartment above, plus additional unfinished area for conversion opportunities.

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Connected Historic Restaurant Buildings
Connected Historic Restaurant Buildings

103 & 105 W Sale Street, Tuscola, IL 61953

$390,000
0.15 AC lot

Two interconnected historic buildings with a renovated structure and kitchen, storefront, and flexible upper-level space.

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Versatile Lakefront Headquarters Building
Versatile Lakefront Headquarters Building

500 S 27th St, Decatur, IL 62521

$2,750,000
153,021 sqft

Former Illinois Power HQ with versatile space on 25.8 acres.

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Decatur Church Facility For Sale
Decatur Church Facility For Sale

1414 W Grove Rd, Decatur, IL 62521

$249,000
12,300 sqft

Well-maintained 12,000 SF church on 1.81 acres in Decatur.

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Lincoln, IL Commercial Kitchens Market Trends and Statistics

Explore 1 commercial kitchens for sale in Lincoln, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $199,900.

Sale prices for industrial kitchens in Lincoln, IL start at $199,900, averaging $199,900, and reaching up to $199,900 — 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 1
Conventional restaurants 1

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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