Bar with Party
For Sale
$250,000
401 Limit Street, Lincoln, IL 62656
COMMERCIAL - Lincoln, IL
Days on Market685
Property Features for 401 Limit Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Directions
Intersection of Tremont and Limit Street in Lincoln, IL
Subdivision
Lincoln
Standard status
Active
APN
0803102270
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2546
Utilities
Cooling system
Central Air
Amenities
party room
outdoor area
Building Details
Year built
1977
Floors in Building
1
Number of units
1
Building materials
Brick, Wood, Vinyl Siding
Listing Agency:
Coldwell Banker Commercial Real Estate Group · Coldwell Banker Real Estate
(630) 844-2222
Listed By:
Gina Mudge · License #475211625
(815) 553-2411
Added: Sep 17, 2024
Changed: Aug 1
Last Checked: Aug 2 at 4:06AM
MLS# 12165693
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick bars & pubs property is set up for bar operations and private events, featuring a party room and both a wet and dry bar. The space also includes up-to-date restrooms and two storage areas, along with a central air cooling system. Construction materials include brick, wood, and vinyl siding, and the property was built in 1977.
Located at 401 Limit Street in Lincoln, IL 62656 in Logan County, this bar offers an outdoor area intended for al fresco drinks and socializing. It also includes a turn-key bar set-up and an outdoor space designed for gatherings.
With indoor event space, bar service areas, restrooms, and storage already in place, this property provides a complete foundation for continuing bar operations or supporting a new operator’s event-focused programming.
Located at 401 Limit Street in Lincoln, IL 62656 in Logan County, this bar offers an outdoor area intended for al fresco drinks and socializing. It also includes a turn-key bar set-up and an outdoor space designed for gatherings.
With indoor event space, bar service areas, restrooms, and storage already in place, this property provides a complete foundation for continuing bar operations or supporting a new operator’s event-focused programming.
Key Highlights
- Party room for private events and gatherings
- Wet and dry bar plus two storage areas
- Up‑to‑date restrooms
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Home Improvements & Furnishings 29%
Dollar General
Shops & Services
7,608 visits/mo
0.3 miles
Ace Hardware Of Lincoln
Home Improvements & Furnishings
4,623 visits/mo
0.4 miles
BP
Shops & Services
3,474 visits/mo
0.5 miles
Demographics for 62656, IL
18,634
Population
7,569
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
142.8 sq mi
ZIP Area
130
Density / Sq Mi
$59,129
Median Household Income
$32,170
Median Earnings
$807
Median Rent
$128,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Copper & Oak Bourbon & Craft Beer Bar — 227 N Kickapoo St, Lincoln, IL 62656
- Lucky Dog — 401 Limit St, Lincoln, IL 62656
- O K Tavern Inc — 1215 N McLean St, Lincoln, IL 62656
- Spirited Republic/Limerick Brewing Company — 509B Pulaski St, Lincoln, IL 62656
- Chances R — 421 N Chicago St, Lincoln, IL 62656
Frequently Asked Questions
What type of property is this?
Bar & Pub - Brick bar with a party room, wet and dry bars, central air, and up-to-date restrooms in Lincoln, IL.
Where is this bar & pub located?
The property is located at 401 Limit Street Lincoln, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Party room for private events and gatherings; Wet and dry bar plus two storage areas; Up‑to‑date restrooms
