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109 Sangamon St Lincoln, IL 62656

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For Sale
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Established Restaurant, Turn-Key Opportunity

Property Features for 109 Sangamon St

General Information

Property type
Restaurants

Building Details

Year Built
1880

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Listing Contact
Seth Goodman
Seth Goodman

Listing Agency: ME Realty Listing Agent: Seth Goodman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional opportunity presents the chance to acquire a thriving restaurant and adjacent property in Lincoln, Illinois. Located at 109 S Sangamon Street, this well-established eatery, operating since 1979, boasts a loyal customer base and significant recent improvements exceeding $50,000. The restaurant, known as The Blue Dog, has a seating capacity of 110 (expanded in 2012 from 70), and is being sold fully equipped and furnished (excluding personal items). Key features include adjacent off-street parking, a full basement, a rear carport, and valuable overhead second-floor storage/workspace. A significant addition is a recently renovated kitchen featuring a new salad bar, 8-tap kegerator, 6-foot flame grill with integrated refrigerator, two soda stations with ice bins, five new booths, a new deep fryer, bar refrigerator, triple kitchen refrigerator, and a 30-quart floor-standing commercial mixer. Further enhancing the investment potential is a separately rented two-bedroom apartment (113 1/2 S. Sangamon Street) generating $700 monthly rental income. The property is priced at $249,900 and represents a rare chance to own a profitable, turnkey restaurant in a desirable community. Built in 1880, this property combines historical charm with modern upgrades, making it an attractive investment for both seasoned restaurateurs and aspiring entrepreneurs. The property includes land and is zoned for commercial and restaurant use.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Logan
State
Illinois
Longitude
-89.3648692
Latitude
40.1477976

FAQs

What type of property is this?
Restaurant - Established Restaurant, Turn-Key Opportunity
Where is this restaurant located?
The property is located at 109 Sangamon St Lincoln, 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: $249,900 asking price.; Land and retail property, restaurant subtype.; Built in 1880.
(217) 737-3742 Call to check price and availability
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