Bar and Grill with
New
For Sale
$199,900
107 E Yates Street, Newman, IL 61942
Business Opportunity, Newman, IL
Property SizeContact for details
Lot Size0.33 Acres
Days on Market2
Property Features for 107 E Yates Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Turn North on S Broadway to Yates.
Subdivision
Southern Champaign County / Douglas County
Standard status
Active
APN
07063140101400
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOWN OF NEWMAN LOTS 9,10,11 & 12 BLK 7
Tax Annual Amount
8268
Legal Description
TOWN OF NEWMAN LOTS 9,10,11 & 12 BLK 7
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Cooling system
Central Air
Building Details
Floors in Building
1
Building materials
Wood
Roof type
Fiberglass
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Steve Littlefield · License #475138856
(217) 202-7950
Added: Oct 15
Last Checked: Oct 16 at 12:06PM
MLS# 12779975
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.
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Investment Insights
Based on property information with market context.
The bar and grill at 107 E Yates Street in Newman includes updated kitchen equipment, a renovated bar area, and refreshed restrooms. Other improvements include a newer roof and HVAC system, along with an expanded outdoor patio. The property has central air, a fiberglass roof, and wood construction. Natural gas is available, and the site uses a septic tank.
The parcel covers 0.331 acres and is zoned COMMR.
The parcel covers 0.331 acres and is zoned COMMR.
Key Highlights
- Expanded outdoor patio
- Updated kitchen equipment, renovated bar area, and updated restrooms
- Newer roof and HVAC system
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,316 visits/mo
0.5 miles
Demographics for 61942, IL
1,146
Population
572
Households
2
Avg Household Size
47
Median Age
19%
College-Educated
96%
High-School Grad
69.9 sq mi
ZIP Area
16
Density / Sq Mi
$74,179
Median Household Income
$44,375
Median Earnings
$789
Median Rent
$109,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Bar & Pub - Kitchen equipment, HVAC, and restrooms have been updated, with an expanded patio adding outdoor seating.
Where is this bar & pub located?
The property is located at 107 E Yates Street Newman, IL.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Expanded outdoor patio; Updated kitchen equipment, renovated bar area, and updated restrooms; Newer roof and HVAC system
