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Bar and Grill Building
For Sale
Contact for pricing
Pending

208 W Lincoln Hwy, Waterman, IL 60556

Two-level commercial property with existing kitchen equipment and an adaptable upper-floor space.

Property SizeContact for details
Days on Market141

Property Features for 208 W Lincoln Hwy

General Information

Standard status Pending
Property subtype Retail

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Buildings 1
Listing Agency: Coldwell Banker Commercial Geneva
Listed By: Charles Kirkwood · License #IL 475.142955
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 11:19AM

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 Coldwell Banker Commercial Geneva

Investment Insights

Based on property information with market context.

This two-story commercial building has a documented bar-and-grill configuration, with kitchen equipment and other FF&E included in the sale. The improvements are being conveyed as-is, allowing the next owner to retain the existing setup or pursue a different commercial layout.

The upper level contains a one-bedroom apartment that was most recently used as office space. That area may support additional occupancy or leasing, subject to applicable requirements. The property is located at 208 W Lincoln Hwy in Waterman, Illinois.

Key Highlights

  • Bar‑and‑grill layout with kitchen equipment and other FF&E included
  • Second‑floor one‑bedroom apartment previously used as office space
  • Property and included FF&E conveyed as‑is

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Storage Facility Pharmacy Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60556, IL

1,956
Population
781
Households
2.5
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
52.4 sq mi
ZIP Area
37
Density / Sq Mi
$94,625
Median Household Income
$46,979
Median Earnings
$967
Median Rent
$242,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Two-level commercial property with existing kitchen equipment and an adaptable upper-floor space.
Where is this bar & pub located?
The property is located at 208 W Lincoln Hwy Waterman, IL.
What are key features of this property?
This property features: Bar‑and‑grill layout with kitchen equipment and other FF&E included; Second‑floor one‑bedroom apartment previously used as office space; Property and included FF&E conveyed as‑is
(815) 553-2406 Call to check price and availability
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