Property profile

1230 5Th St Lincoln, IL 62656

FOR SALE
Other commercial real estate
Property ID
US28-3925727
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Commercial property located in Lincoln, Illinois, configured as a restaurant and bar facility with event capabilities. The main level contains 4,876 square feet and includes two bars, a large commercial kitchen, and dining and entertainment/banquet space. An additional 2,643 square feet of unfinished basement area is present for storage and possible future expansion. The outdoor beer garden features a gazebo and pond for seasonal events and live music. The property sits on a 0.33-acre lot and includes outdoor space suitable for gatherings and community events. The property is zoned commercial and provides a layout suitable for restaurant/hospitality use and event-oriented operations.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 12-420-006-00
UPID US28-3925727

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Restaurant
  • Cafe & Coffee Shop

Location

1230 5Th St Lincoln, IL 62656
Lincoln metro Census 953400 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2025
Last sale
$175,000
4 recorded transactions
2025
$175,000
2020
$119,500
2014
Price N/A
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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