Conventional Restaurant with Event
For Sale
$190,000
1230 5th Street, Lincoln, IL 62656
Two bars, a commercial kitchen, and outdoor amenities support dining and hosted gatherings.
Property Size7,567 SF
Price / SF$25.11
Days on Market9
Property Features for 1230 5th Street
General Information
Standard status
Active
Size
7,567 SF
Property subtype
Commercial
Zoning
Commercial
Lease Type
Gross
Lease Term
Years - 5
Restaurant
Patio
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$3,315
Building Details
Building Size
7,567 SF
Listing Agency:
The Real Estate Group, Inc.
(217) 313-0580
Listed By:
Debra Sarsany · License #475118739
(217) 313-0580
Source:
Craggsrealtors
Added: Aug 12
Changed: Aug 20
Last Checked: Aug 20 at 2:42AM
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 The Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
Located at 1230 5th Street in Lincoln, Illinois, this commercial restaurant property includes a 4,876 sq ft main level configured with two bars, a large commercial kitchen, and space for dining, entertainment, and banquets. The layout supports restaurant service as well as private and community events.
A 2,643 sq ft unfinished basement provides storage for inventory or future expansion. Exterior amenities include a beer garden, gazebo, and pond, with room for bands, private gatherings, and live music. The property is zoned Commercial and offers a combination of food-service, bar, event, and hospitality functionality.
A 2,643 sq ft unfinished basement provides storage for inventory or future expansion. Exterior amenities include a beer garden, gazebo, and pond, with room for bands, private gatherings, and live music. The property is zoned Commercial and offers a combination of food-service, bar, event, and hospitality functionality.
Key Highlights
- 4,876 sq ft main level with two bars and a large commercial kitchen
- 2,643 sq ft unfinished basement for storage or future expansion
- Outdoor beer garden with gazebo and pond
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Casey's General Store
Shops & Services
10,412 visits/mo
0.1 miles
Phillips 66
Shops & Services
3,803 visits/mo
0.1 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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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two bars, a commercial kitchen, and outdoor amenities support dining and hosted gatherings.
Where is this conventional restaurant located?
The property is located at 1230 5th Street Lincoln, IL.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 4,876 sq ft main level with two bars and a large commercial kitchen; 2,643 sq ft unfinished basement for storage or future expansion; Outdoor beer garden with gazebo and pond
