Restaurants

Newman, IL Restaurants for Sale

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Updated Bar & Grill Opportunity
Updated: Aug 22, 2023
Updated Bar & Grill Opportunity

107 E Yates St, Newman, IL 61942

Contact for pricing
3,910 sqft
Seller financing available
Well‑maintained bar & grill with established customer base
Recent renovations including new roof, AC/furnace, and updated women's restroom
New walk‑in freezer, fryer, refrigerator, pool table, smoker, POS system, and oven (2022)
Complete bar renovation with new flooring, bar/bar top, draft system, beer coolers, updated electrical, awning, and camera system (2017)
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Turnkey Restaurant in Arcola, IL
Turnkey Restaurant in Arcola, IL

547 East Springfield Road, Arcola, IL 61910

$325,000
1,814 sqft

Restaurant space with 70-patron capacity and ample parking.

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Turnkey Restaurant in Arcola, Illinois
Turnkey Restaurant in Arcola, Illinois

547 E Springfield Rd, Arcola, IL 61910

Contact for pricing
1,800 sqft

Vacant restaurant with full kitchen, tables, and chairs for sale.

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Freestanding Quick-Service Restaurant
Freestanding Quick-Service Restaurant

1110 Tuscola Blvd, Tuscola, IL 61953

Contact for pricing

Fee-simple Pizza Hut restaurant offers free-standing quick-service dining near a retail outlet mall interchange.

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Open-Concept Storefront Property
Open-Concept Storefront Property

901 E Southline Road, Tuscola, IL 61953

$365,000
0.80 AC lot

Commercial building with central air and potential for a drive-through configuration.

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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.

Prime Commercial Lot in Savoy
Prime Commercial Lot in Savoy

103 Calvin Street, Savoy, IL 61874

$125,000
3,800 sqft 0.33 AC lot

Last available lot in a thriving Savoy commercial area.

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Commercial Development Land Parcel
Commercial Development Land Parcel

612 CLARENDON Court, Savoy, IL 61874

$450,000
1.97 AC lot

1.97-acre commercial land parcel in Savoy, zoned for commercial uses, with concrete parking pads and village-approved site plans.

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Champaign Commercial Land For Sale
Champaign Commercial Land For Sale

4202 Nicklaus Drive, Champaign, IL 61822

$750,000
1.92 AC lot

1.92-acre commercial lot in desirable Champaign location.

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Prime Commercial Land in Champaign
Prime Commercial Land in Champaign

803 N Mattis Avenue, Champaign, IL 61821

$465,000
1.89 AC lot

1.89-acre commercial land in high-visibility Champaign location.

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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

Value Estimation 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. These investment opportunities span a total of 3,910 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 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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