Restaurant and Bar with Event
For Sale
$190,000
1230 5TH Street, Lincoln, IL 62656
Commercial Sale, Lincoln, IL
Property SizeContact for details
Lot Size0.33 Acres
Days on Market46
Property Features for 1230 5TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Directions
GPS
Standard status
Active
APN
12-420-006-00
Lot size
0.33 Acres
Taxes and HOA fees
Tax Annual Amount
3315
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Floors in Building
1
Flooring type
Concrete, Tile, Carpet
Building materials
Vinyl Siding, Frame
Roof type
Composition
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Debra Sarsany · License #RMA14219
(217) 313-0580
Added: Aug 12
Changed: Sep 16
Last Checked: Sep 26 at 1:06PM
MLS# CA1045780
Copyright © 2026 RMLS Alliance. 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 Lincoln restaurant property includes a 4,876-square-foot main level arranged for dining, entertainment, and banquet activity. The interior contains two bars and a large commercial kitchen, while the 2,643-square-foot basement provides unfinished storage. Construction includes vinyl siding and frame elements, with concrete, carpet, and tile flooring. The building has natural gas forced-air heat, central air, a composition roof, and public sewer service.
Set on 0.33 acres at 1230 5th Street, the property adds an outdoor beer garden with a gazebo and pond. The grounds can accommodate bands, private gatherings, live music, and community events. Commercial zoning and the existing restaurant configuration support continued hospitality use, with space for storage and event functions.
Set on 0.33 acres at 1230 5th Street, the property adds an outdoor beer garden with a gazebo and pond. The grounds can accommodate bands, private gatherings, live music, and community events. Commercial zoning and the existing restaurant configuration support continued hospitality use, with space for storage and event functions.
Key Highlights
- 4,876 sq ft main level with two bars and a large commercial kitchen
- 2,643 sq ft unfinished basement for storage
- Outdoor beer garden with gazebo and pond
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial-zoned property with indoor dining, a commercial kitchen, and outdoor gathering areas.
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; Outdoor beer garden with gazebo and pond
