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    Lincoln, IL Restaurants for Sale

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    Chicago, IL Annawan, IL Mt Pulaski, IL
    6 results
    Equipped Restaurant and Bar Venue
    $299,900
    4,876 SF

    Equipped Restaurant and Bar Venue

    1230 5TH Street, Lincoln, IL 62656

    Spacious, equipped restaurant/bar with event capabilities and outdoor beer garden.

    • Spacious 4,876 sq ft main level restaurant and bar with event capabilities.
    • Fully equipped commercial kitchen.
    • Outdoor beer garden with gazebo and pond.
    • Two bars on the main level.
    • 2,643 sq ft unfinished basement for storage or expansion.
    Updated: Feb 10
    View details
    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF

    Turn-Key Bar in Lincoln, IL

    401 Limit Street, Lincoln, IL 62656

    Thriving bar with party room and outdoor area for sale.

    • 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
    Updated: Mar 12
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    Turn-Key Bar in Lincoln, IL
    $250,000

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit Street, Lincoln, IL 62656
    View details
    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room, outdoor area, and loyal customers.

    401 Limit Street, Lincoln, IL 62656
    View details
    Turn-Key Bar in Lincoln, IL
    $250,000
    2,220 SF

    Turn-Key Bar in Lincoln, IL

    Thriving bar with party room and outdoor area for sale.

    401 Limit St, Lincoln, IL 62656
    View details
    Renovated Downtown Commercial Building
    $250,000

    Renovated Downtown Commercial Building

    Extensively renovated downtown building, ideal for various commercial uses.

    614 BROADWAY Street, Lincoln, IL 62656
    View details
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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
    $850,000
    1.50 Acres

    Restaurant Building with Drive-Through Potential

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

    994 Ann Rutledge Drive, Williamsville, IL 62693
    View details
    Restaurant Building with Drive-Through Potential
    $850,000
    2,134 SF

    Restaurant Building with Drive-Through Potential

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

    994 Ann Rutledge Drive, Williamsville, IL 62693
    View details
    Turn-Key Restaurant Opportunity
    $75,000
    0.17 Acres

    Turn-Key Restaurant Opportunity

    Established restaurant for sale in Green Valley, Illinois.

    107 W MAIN Street, Green Valley, IL 61534
    View details
    Turnkey Restaurant Opportunity For Sale
    $75,000
    408 SF

    Turnkey Restaurant Opportunity For Sale

    Established restaurant with loyal customer base and all equipment included.

    107 W MAIN Street, Green Valley, IL 61534
    View details

    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
    $1,500,000
    3.34 Acres

    Prime Commercial Land in Riverton

    3.34 acre commercial parcel with high traffic and highway access.

    2676 Overpass Road, Riverton, IL 62561
    View details
    Prime Commercial Land Available
    $774,900

    Prime Commercial Land Available

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

    2873 North Dirksen Parkway, Springfield, IL 62702
    View details
    Corner Lot with Liquor License
    $199,900
    0.59 Acres

    Corner Lot with Liquor License

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

    700 W JEFFERSON Street, Springfield, IL 62702
    View details
    Springfield Restaurant and Land Opportunity
    $475,000

    Springfield Restaurant and Land Opportunity

    Restaurant, bar, and land for sale in Springfield, Illinois.

    951 Durkin Drive, Springfield, IL 62704
    View details

    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

    109 Sangamon St

    Restaurants
    Value Estimation by Request
    109 Sangamon St, Lincoln, IL 62656
    View details
    121 Sangamon St

    121 Sangamon St

    Restaurants
    Value Estimation by Request
    121 Sangamon St, Lincoln, IL 62656
    View details

    Lincoln, IL Restaurants Investment Opportunities Market Analysis

    Explore 8 restaurants for sale in Lincoln, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,536 square feet of properties for sale, with an estimated market value of $1,049,900.

    Sale prices for restaurant properties in Lincoln, IL start at $250,000, averaging $262,475, and reaching up to $299,900 — 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

    Bars & Pubs 4
    Turn key restaurants 1

    Property Size Breakdown

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

    Demographics Overview

    Population 18K
    Population Growth (5Y) -6.0%
    Median Household Income $59,129
    College Educated 25.1%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    62656 $260K

    Taxes & Financing

    Tax Rate (average for all types) 8.36%
    Property Tax per SF $6.81 per sq ft
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

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