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Historic Bar and Event Property
For Sale
$249,900

519 12th Street, Lawrenceville, IL 62439

Commercial Sale, Lawrenceville, IL

Property Size16,640 SF
Lot Size1.04 Acres
Price / SF$15.02
Days on Market8

Property Features for 519 12th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 6
Half bathrooms 6
Rooms Bathroom 2, Bathroom 6, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 5
Patio and Porch features Patio
Standard status Active
APN 06-001-742-00
Size 16,640 SF
Lot size 1.04 Acres

Utilities

Heating system Forced Air
Water source Public

Amenities

commercial kitchen
three full bars
reception and event halls
gaming room
office space
handicap-accessible restrooms
elevator

Building Details

Year built 1918
Floors in Building 3
Flooring type Laminate, Hardwood, Tile, Carpet
Building materials Brick
Roof type Rubber
Listing Agency: Parrott Marketing Group, LLC
Listed By: April Wilcox
Added: Sep 8 Changed: Sep 14 Last Checked: Sep 15 at 7:06AM
MLS# 11970140

Copyright © 2026 My State MLS. 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.

Built in 1918, this brick hospitality property at 519 12th Street in Lawrenceville, IL, provides 16,640 square feet of commercial space on 1.04 acres. The building includes three bars, a full commercial kitchen with remaining appliances, reception and event halls, a gaming room, offices, and handicap-accessible restrooms. An elevator supports circulation between levels, while laminate, hardwood, tile, and carpet flooring provide varied interior finishes.

The property is located in downtown Lawrenceville and includes a patio, forced-air heating, a rubber roof, and public water service. Its existing hospitality-oriented layout accommodates bar, restaurant, event, and entertainment uses within a substantial historic building.

Key Highlights

  • 16,640 square feet of commercial space on 1.04 acres
  • Three full bars and a commercial kitchen with remaining appliances
  • Reception and event halls plus a gaming room

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply Grocery & Convenience 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

344
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62439, IL

6,966
Population
3,563
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
90%
High-School Grad
148.0 sq mi
ZIP Area
47
Density / Sq Mi
$52,083
Median Household Income
$37,006
Median Earnings
$824
Median Rent
$98,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • Circle K 1501 State St, Lawrenceville, IL 62439
  • Towne House Bar & Grill 601 12th St, Lawrenceville, IL 62439

Frequently Asked Questions

What type of property is this?
Bar & Pub - Large hospitality venue with commercial kitchen, multiple bars, event areas, elevator access, and a patio.
Where is this bar & pub located?
The property is located at 519 12th Street Lawrenceville, IL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 16,640 square feet of commercial space on 1.04 acres; Three full bars and a commercial kitchen with remaining appliances; Reception and event halls plus a gaming room
More about this property
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