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    Newman, IL
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    Newman, IL Restaurants for Sale

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    Longview, IL Alvin, IL Camargo, IL
    Updated Bar & Grill Opportunity
    $235,000
    3,910 SF
    Updated Bar & Grill Opportunity

    107 E Yates St, Newman, IL 61942

    Well-maintained bar and grill with recent updates and renovations.
    • 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)
    Updated: Aug 22, 2023
    View details
    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.

    Tuscola Commercial Building For Sale
    $365,000
    0.80 Acres
    Tuscola Commercial Building For Sale

    Prime location commercial building with high traffic and business potential.

    901 E Southline Road, Tuscola, IL 61953

    View details
    Camargo Commercial Property on US 36
    $199,900
    4,193 SF
    Camargo Commercial Property on US 36

    Commercial property on 1.6 acres with potential for various businesses.

    1500 E US Highway 36, Camargo, IL 61919

    View details
    Camargo Commercial Property on US-36
    $199,900
    4,193 SF
    Camargo Commercial Property on US-36

    Commercial property on 1.6 acres with business potential.

    1500 US-36, Camargo, IL 61919

    View details
    Tuscola Commercial Building Opportunity
    $365,000
    Tuscola Commercial Building Opportunity

    Large, open concept building in prime Tuscola location.

    901 E Southline Road, Tuscola, IL 61953

    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 Lot in Savoy
    $125,000
    3,800 SF
    Prime Commercial Lot in Savoy

    Last available lot in a thriving Savoy commercial area.

    103 Calvin Street, Savoy, IL 61874

    View details
    Savoy, IL Commercial Development Land
    $450,000
    5,000 SF
    Savoy, IL Commercial Development Land

    1.97-acre commercial parcel in high-growth Savoy corridor.

    612 CLARENDON Court, Savoy, IL 61874

    View details
    Champaign Commercial Land For Sale
    $750,000
    1.92 Acres
    Champaign Commercial Land For Sale

    1.92-acre commercial lot in desirable Champaign location.

    4202 Nicklaus Drive, Champaign, IL 61822

    View details
    Prime Commercial Land in Champaign
    $465,000
    1.89 Acres
    Prime Commercial Land in Champaign

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

    803 N Mattis Avenue, Champaign, IL 61821

    View details

    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
    1,500 SF
    Value Estimation by Request

    2578 Us Highway 36, Newman, IL 61942

    View details

    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, with an estimated market value of $235,000.

    Sale prices for restaurant properties in Newman, IL start at $235,000, averaging $235,000, and reaching up to $235,000 — 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

    Bars & Pubs 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61942 $235K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Douglas County

    New Delisted

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