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    Lincoln, IL
    Conventional Restaurant

    Lincoln, IL Conventional Restaurants 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2660 S Dirksen Pkwy, Springfield, IL 62703

    Contact for pricing
    7,443 sqft · 2.27 AC lot

    Freestanding restaurant property with substantial parking and frontage on a signalized hard-corner location.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    2660 S DIRKSEN PKWY, Springfield, IL 62702

    Contact for pricing
    7,443 sqft · 2.27 AC lot

    Freestanding restaurant property on a signalized corner with long frontage and ample on-site parking.

    View details
    Commercial Building on State Route
    Commercial Building on State Route

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

    $169,000
    1,380 sqft · 0.41 AC lot

    Commercial building with drive-thru, formerly a Subway restaurant.

    View details
    Commercial Building on State Route
    Commercial Building on State Route

    513 E CHESTNUT Street, Mt Pulaski, IL 62548

    $169,000
    1,380 sqft · 0.41 AC lot

    Commercial building with dining area, drive-thru, and parking lot.

    View details

    Lincoln, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants 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 conventional restaurants 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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