Turnkey Restaurant with Second-Floor
109 S Sangamon Street Lincoln, IL 62656
109 S Sangamon Street, Lincoln, IL, 62656
$209,000
For Sale
$209,000
Turnkey restaurant includes off-street parking, full basement, and a second-floor two-bedroom apartment.
Property Size7,832 SF
Price / SF$26.69
Days on Market757
Property Features for 109 S Sangamon Street
General Information
- Standard status
- Active
- Size
- 7,832 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1880
Listing agency
ME Realty
(217) 737-3742
Listed by
Seth Goodman · License #475126097
Source
Xome
Added: Jun 26, 2024 Updated: Jul 22 at 3:18PM Checked: Jul 22 at 3:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ME Realty
Investment Insights
Based on property information with market context.
A turnkey restaurant offer with seating expanded in 2012 from 70 to 110. The property is being sold fully equipped and furnished (excluding a few personal items) and includes a full basement, rear carport, and overhead second-floor storage/workspace. A second-floor, two-bedroom apartment at 113½ S. Sangamon Street is currently rented for $700 per month.
Recent upgrades from the past two years include fresh exterior paint, UV window tint, and multiple additions to the kitchen and bar setup such as an 8-tap kegerator, a 6-foot flame grill with refrigerated base, two soda stations with ice bins, and a new commercial floor stand mixer. The kitchen also features a new deep fryer (two baskets) and a triple refrigerator, among other improvements.
The restaurant’s history dates to its establishment in 1979, and it remains an operating, well-known community dining option.
Recent upgrades from the past two years include fresh exterior paint, UV window tint, and multiple additions to the kitchen and bar setup such as an 8-tap kegerator, a 6-foot flame grill with refrigerated base, two soda stations with ice bins, and a new commercial floor stand mixer. The kitchen also features a new deep fryer (two baskets) and a triple refrigerator, among other improvements.
The restaurant’s history dates to its establishment in 1979, and it remains an operating, well-known community dining option.
Key Highlights
- Established restaurant business (The Blue Dog), with 1979 establishment and 2012 expansion increasing seating from 70 to 110
- Restaurant offered fully equipped and furnished (excluding a few personal items)
- Adjacent off‑street parking plus rear carport, full basement, and overhead second‑floor storage/workspace
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant includes off-street parking, full basement, and a second-floor two-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 109 S Sangamon Street Lincoln, IL.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Established restaurant business (The Blue Dog), with 1979 establishment and 2012 expansion increasing seating from 70 to 110; Restaurant offered fully equipped and furnished (excluding a few personal items); Adjacent off‑street parking plus rear carport, full basement, and overhead second‑floor storage/workspace
