Restaurant and Bar with Event
For Sale
$190,000
1230 5th Street, Lincoln, IL 62656
Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.
Property SizeContact for details
Days on Market12
Property Features for 1230 5th Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Patio
Yes
Taxes and HOA fees
Annual Taxes
$3,315
Amenities
gazebo
pond
Listing Agency:
The Real Estate Group, Inc
Listed By:
Debra Sarsany (sarsanysells@yahoo.com) · License #475118739
(217) 313-0580
Source:
Curveyrealestate
Added: Aug 25
Changed: Sep 4
Last Checked: Sep 4 at 3:21AM
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 food service, dining, entertainment, and banquet functions. The interior contains two bars and a large commercial kitchen, supporting a range of restaurant and hospitality operations. An additional 2,643 square feet of unfinished basement space provides storage for inventory and equipment.
Outdoor amenities include a beer garden, gazebo, and pond, creating space for seasonal gatherings and live music. The property can accommodate private functions, community events, and band performances, with a layout that combines dining, bar service, kitchen operations, and event use. Commercial zoning supports its established restaurant-oriented configuration.
Outdoor amenities include a beer garden, gazebo, and pond, creating space for seasonal gatherings and live music. The property can accommodate private functions, community events, and band performances, with a layout that combines dining, bar service, kitchen operations, and event use. Commercial zoning supports its established restaurant-oriented configuration.
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
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 - Commercial restaurant property with two bars, a substantial kitchen, event areas, and an outdoor beer garden.
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‑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
