Restaurants

Newman, IL Restaurants for Sale

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Bar and Grill with Patio
Updated: Oct 15
Bar and Grill with Patio

107 E Yates Street, Newman, IL 61942

$199,900
0.33 AC lot
Expanded outdoor patio
Updated kitchen equipment, renovated bar area, and updated restrooms
Newer roof and HVAC system
0.331‑acre parcel zoned COMMR
Central air; natural gas available; septic tank
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Newman, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Updated Bar and Grill
Updated Bar and Grill

114 E Market St, Sidell, IL 61876

$114,999
3,664 sqft

Commercial kitchen improvements and gaming machines support continued bar-and-grill operations.

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Three-Storefront Commercial Property
Three-Storefront Commercial Property

206, 208, 210 E Logan St S, Longview, IL 61852

$39,000
3,652 sqft

Three connected storefronts offer flexibility for multiple businesses or a larger commercial operation.

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Updated Bar and Grill
Updated Bar and Grill

114 E Market Street, Sidell, IL 61876

$114,999
0.15 AC lot

Commercial kitchen improvements include refrigeration, cooking equipment, and upgraded building systems.

View details
Three-Storefront Commercial Building
Three-Storefront Commercial Building

206, 208, 210 E Logan Street S, Longview, IL 61852

$39,000
0.18 AC lot

Brick commercial property with three storefronts, COMMR zoning, and flexible configuration for separate or combined business use.

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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.

Neighborhood Commercial Land
Neighborhood Commercial Land

103 Calvin Street, Savoy, IL 61874

$125,000

Zoned Neighborhood Commercial with General Retail allowed and water available.

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Commercial Land with Site Plans
Commercial Land with Site Plans

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot

Village-approved plans and concrete parking pads are already in place for future commercial development.

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Neighborhood Commercial Land
Neighborhood Commercial Land

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

Vacant commercial parcel suited to neighborhood-serving office, retail, and service uses.

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Commercial Land
Commercial Land

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

Commercial land within the Garden Hills TIF District near Parkland College and Kraft.

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Off-Market Properties in Newman, IL

Consider similar Off-Market properties in Newman, 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.

2578 Us Highway 36
Restaurants

2578 Us Highway 36, Newman, IL 61942

Estimated value: by Request
1,500 sqft
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Newman, IL Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Newman, IL on our real estate platform.

Sale prices for restaurant properties in Newman, IL average $199,900 — 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

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 1,031
Population Growth (5Y) -1.3%
Median Household Income $74,179
College Educated 22.6%

Taxes & Financing

Tax Rate (average for all types) 7.12%
Property Tax per SF $93.28 per SF
Average Loan-to-Value 65.0%

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