Restaurant with Two
For Sale
$199,900
1230 5th Street, Lincoln, IL 62656
Commercial restaurant property with a large kitchen, event-ready dining areas, outdoor beer garden, gazebo, and pond.
Property Size7,567 SF
Price / SF$26.42
Days on Market175
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
Additional Details
Patio
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: Feb 10
Changed: Aug 2
Last Checked: Aug 4 at 1:08PM
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.
This commercial restaurant property includes a 4,876-square-foot main level arranged for dining, entertainment, banquets, and other hosted events. The interior features two bars and a large commercial kitchen, providing a substantial operating platform for restaurant use. A 2,643-square-foot unfinished basement supplies storage space for inventory or other back-of-house needs.
Outdoor amenities include a beer garden, gazebo, and pond, creating an additional setting for warm-weather gatherings, live music, and private functions. The property is located at 1230 5th Street in Lincoln, Illinois, and is zoned Commercial.
Outdoor amenities include a beer garden, gazebo, and pond, creating an additional setting for warm-weather gatherings, live music, and private functions. The property is located at 1230 5th Street in Lincoln, Illinois, and is zoned Commercial.
Key Highlights
- 4,876‑square‑foot main level with two bars and a large commercial kitchen
- 2,643‑square‑foot unfinished basement for storage
- Outdoor beer garden with gazebo and pond
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
206
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
0.4 miles
Phillips 66
Shops & Services
3,803 visits/mo
0.3 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 - Commercial restaurant property with a large kitchen, event-ready dining areas, outdoor beer garden, gazebo, and pond.
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 $199,900.
What are key features of this property?
This property features: 4,876‑square‑foot main level with two bars and a large commercial kitchen; 2,643‑square‑foot unfinished basement for storage; Outdoor beer garden with gazebo and pond
