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Lincoln, IL

Restaurants

Lincoln, IL Restaurants for Sale

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Broadwell, IL Annawan, IL Mt Pulaski, IL

Restaurant and Bar with Beer Garden

Updated: Feb 10

Restaurant and Bar with Beer Garden

1230 5TH Street, Lincoln, IL 62656

$199,900

0.33 AC lot

Main level restaurant and bar offers 4,876 sq ft with two bars and a large commercial kitchen
Basement includes 2,643 sq ft unfinished storage for inventory or future expansion
Outdoor beer garden with gazebo and a quaint pond for warm‑weather events
Fully equipped restaurant and bar with event capabilities, including space for dining, entertainment, or banquets
Heating: forced air natural gas; cooling: central air

Turn-Key Bar in Lincoln, IL

Updated: Mar 12

Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000

2,220 sqft

Turn‑key, thriving bar business with established customer base
Includes a party room for private events and gatherings
Vibrant outdoor area for socializing
Fully equipped bar set‑up
Prime location

Turn-Key Bar in Lincoln, IL

Turn-Key Bar in Lincoln, IL

401 Limit Street, Lincoln, IL 62656

$250,000

Thriving bar with party room and outdoor area for sale.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turn-Key Bar in Lincoln, IL

Turn-Key Bar in Lincoln, IL

401 Limit St, Lincoln, IL 62656

$250,000

2,220 sqft

Thriving bar with party room and outdoor area for sale.

Renovated Downtown Commercial Building

Renovated Downtown Commercial Building

614 BROADWAY Street, Lincoln, IL 62656

$250,000

Extensively renovated downtown building, ideal for various commercial uses.

Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Drive-Through Potential

Restaurant Building with Drive-Through Potential

994 Ann Rutledge Drive, Williamsville, IL 62693

$850,000

1.50 AC lot

Existing restaurant with drive-through potential in Williamsville, Illinois.

Restaurant Building with Drive-Through Potential

Restaurant Building with Drive-Through Potential

994 Ann Rutledge Drive, Williamsville, IL 62693

$850,000

2,134 sqft

Restaurant building with drive-through, high traffic, and strong visibility.

Commercial Building on State Route

Commercial Building on State Route

513 E CHESTNUT Street, Mt Pulaski, IL 62548

$169,000

1,380 sqft · 0.41 AC lot

Commercial building with drive-thru, formerly a Subway restaurant.

Commercial Building on State Route

Commercial Building on State Route

513 E CHESTNUT Street, Mt Pulaski, IL 62548

$169,000

1,380 sqft · 0.41 AC lot

Commercial building with dining area, drive-thru, and parking lot.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land in Riverton

Prime Commercial Land in Riverton

2676 Overpass Road, Riverton, IL 62561

$1,500,000

3.34 AC lot

3.34 acre commercial parcel with high traffic and highway access.

Prime Commercial Land Available

Prime Commercial Land Available

2873 North Dirksen Parkway, Springfield, IL 62702

$774,900

Commercial land in a high-traffic retail area, utilities on-site.

Corner Lot with Liquor License

Corner Lot with Liquor License

700 W JEFFERSON Street, Springfield, IL 62702

$199,900

0.59 AC lot

Commercial lot suitable for restaurant, gaming, liquor, or coffee shop.

Prime Commercial Land Opportunity

Prime Commercial Land Opportunity

1038 Wylie Drive, Bloomington, IL 61705

$421,143

2.31 AC lot

2.31-acre commercial site in a high-growth Bloomington-Normal market.

Off-Market Properties in Lincoln, IL

Consider similar Off-Market properties in Lincoln, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

109 Sangamon St

Restaurants

109 Sangamon St, Lincoln, IL 62656

Value Estimation by Request

121 Sangamon St

Restaurants

121 Sangamon St, Lincoln, IL 62656

Value Estimation by Request

Lincoln, IL Restaurants Market Trends and Statistics

Explore 7 restaurants for sale in Lincoln, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,440 square feet of properties for sale, with an estimated market value of $500,000.

Sale prices for restaurant properties in Lincoln, IL start at $250,000, averaging $250,000, and reaching up to $250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 18K

Population Growth (5Y) -6.0%

Median Household Income $59,129

College Educated 25.1%

High-Yield Neighborhoods for Investment

Identify Lincoln submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62656	$240K

Taxes & Financing

Tax Rate (average for all types) 8.36%

Property Tax per SF $6.81 per SF

Tax Rate vs County Average 0.46 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lincoln fall within the 10,000 to 25,000 square foot range.

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Most Searched ZIP Codes in Lincoln, IL

62656