Restaurants

Pana, IL Restaurants for Sale

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Assumption, IL Nokomis, IL Herrick, IL Taylorville, IL Shelbyville, IL Cowden, IL Moweaqua, IL Witt, IL
Restaurant with Outdoor Bar
Updated: Sep 8
Restaurant with Outdoor Bar

504 E JACKSON Street, Pana, IL 62557

$575,000
0.91 AC lot
0.91‑acre restaurant and bar property
Former ice house restored in 2020
2021 addition includes a commercial kitchen and dedicated gaming room
Two‑story vaulted ceilings and exposed brick inside
Outdoor bar, covered seating for 30+, and a stage
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Pana, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Bowling Alley with Bar and Grill
Bowling Alley with Bar and Grill

100 W Front Street, Nokomis, IL 62075

$380,000
0.69 AC lot

An operating food-and-beverage venue includes a furnished kitchen and an upstairs apartment.

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Historic Downtown Restaurant Building
Historic Downtown Restaurant Building

114 W MARKET Street, Taylorville, IL 62568

$674,000

Upper-level dining space includes a bar and views toward the courthouse and town square.

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Turn Key Restaurant For Sale
Turn Key Restaurant For Sale

102 E Park St, Taylorville, IL 62568

Contact for pricing
7,112 sqft 0.99 AC lot

Restaurant in high traffic area with two lots.

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Bowling Alley with Bar and Grill
Bowling Alley with Bar and Grill

100 W Front Street, Nokomis, IL 62075

$380,000

An equipped commercial kitchen and an upper-level apartment complement the bowling operation.

View details

Off-Market Properties in Pana, IL

Consider similar Off-Market properties in Pana, 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.

2517 Il-16
Restaurants

2517 Il-16, Pana, IL 62557

Estimated value: by Request
4,208 sqft 0.72 AC lot
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Pana, IL Restaurants Market Trends and Statistics

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

Sale prices for restaurant properties in Pana, IL average $575,000 — 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
Conventional restaurants 1

Demographics Overview

Population 6,859
Population Growth (5Y) -3.6%
Median Household Income $51,769
College Educated 23.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62557 $575K

Taxes & Financing

Average Loan-to-Value 65.0%

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