Listing Agency: Keller Williams Realty - Champaign s***@littlefieldhomes.com Show Phone

Listed By: Steve Littlefield · License #475.138856

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:06PM

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Investment Insights

Based on property information with market context.

Jack's Tavern is a bar property at 106 E. Main Street in Tolono, Illinois, with more than 2,500 square feet arranged for dining, beverage service, and entertainment. The interior includes space for gaming machines and pool tables, along with additional storage. The business has operated for over 80 years, and the property is being offered in its current condition.

Recent property work includes a new roof and brick tuckpointing, completed as of 11/24. The site is located minutes outside Champaign-Urbana, providing a small-town setting within reach of the larger area's business and residential base.

Key Highlights

• Bar property at 106 E. Main Street, Tolono, IL 61880
• More than 2,500 square feet of dining, bar, and entertainment space
• Over 80 years of operating history

Property Analytics

Property Profile

Current Use

Jack's Tavern Bar & Pub ATM Atm

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

151

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 61880, IL

4,317

Population

1,894

Households

2.3

Avg Household Size

39

Median Age

28%

College-Educated

100%

High-School Grad

61.8 sq mi

ZIP Area

70

Density / Sq Mi

$89,139

Median Household Income

$48,330

Median Earnings

$881

Median Rent

$227,300

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Similar Off Market Nearby

• Loose Cobra — 113 E Main St, Tolono, IL 61880
• Lu & Denny's — 105 N Long St, Tolono, IL 61880
• Jack's Tavern — 106 E Main St, Tolono, IL 61880
• Traxside — 4 East Holden St, Tolono, IL 61880

Frequently Asked Questions

What type of property is this?

Bar & Pub - Operating tavern with dining, bar, gaming, pool tables, and dedicated storage areas.

Where is this bar & pub located?

The property is located at 106 E Main St Tolono, IL.

What are key features of this property?

This property features: Bar property at 106 E. Main Street, Tolono, IL 61880; More than 2,500 square feet of dining, bar, and entertainment space; Over 80 years of operating history