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    Lincoln, IL
    Conventional Restaurant

    Lincoln, IL Conventional Restaurants for Sale

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    Annawan, IL Lake Carroll, IL Elkhart, IL Carbondale, IL Atlanta, IL Broadwell, IL Emden, IL Mclean, IL
    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
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    Two-Story Bar and Pub
    Two-Story Bar and Pub

    415 Pulaski Street, Lincoln, IL 62656

    Contact for pricing

    Commercially zoned hospitality property with a basement, second floor, furnishings, equipment, and inventory included.

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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 3 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.

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    Freestanding Subway Restaurant Building
    Freestanding Subway Restaurant Building

    201 E CHESTNUT Street, Mason City, IL 62644

    $350,000
    0.60 AC lot

    Commercial-zoned restaurant property with an existing operating restaurant configuration.

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    Freestanding Restaurant with Highway Frontage
    Freestanding Restaurant with Highway Frontage

    2696 S DIRKSEN PKWY, Springfield, IL 62702

    Contact for pricing
    7,468 sqft 1.75 AC lot

    B-1-zoned property offers substantial parking, prominent signage, and access to a signalized intersection.

    View details
    Freestanding Restaurant Building
    Freestanding Restaurant Building

    201 E CHESTNUT Street, Mason City, IL 62644

    Contact for pricing

    Freestanding restaurant building leased and operated as a Subway restaurant with existing quick-service infrastructure.

    View details

    Lincoln, IL Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Lincoln, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for conventional restaurants 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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