Lincoln, IL
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    Lincoln, IL Retail Properties & Spaces for Sale

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    Broadwell, IL Annawan, IL Mt Pulaski, IL
    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
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    Downtown Lincoln Commercial Opportunity
    $99,900
    9,000 SF

    Downtown Lincoln Commercial Opportunity

    616 BROADWAY Street, Lincoln, IL 62656

    Prime downtown location with retail and office space.

    • Prime downtown location across from Logan County Courthouse.
    • Large building with 9,000+ total square feet.
    • Priced to sell at $99,900.
    • 5,900 sq ft open main floor previously used as retail space.
    • Substantial updates including electrical, fire alarm system, flooring, ceiling tiles, and lighting.
    Updated: Feb 11
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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
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    Downtown Retail/Office Space For Sale
    $99,900
    9,351 SF

    Downtown Retail/Office Space For Sale

    9,000+ sq ft retail/office space in prime downtown location.

    616 Broadway St, Lincoln, IL 62656
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 4 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

    Adaptable Retail Building For Sale
    $135,000
    4,236 SF

    Adaptable Retail Building For Sale

    4,236 SF building with showroom, shop, and storage.

    2908 Ridge Ave, Springfield, IL
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    Versatile Commercial Property in Decatur, IL
    $595,000
    14,000 SF

    Versatile Commercial Property in Decatur, IL

    Spacious 14,000+ sq ft property on 8+ acres.

    2882 N Dinneen St, Decatur, IL 62526
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    Walgreens on Illinois Route 48
    $3,470,000
    12,918 SF

    Walgreens on Illinois Route 48

    Net-leased Walgreens in Decatur, Illinois, a durable investment opportunity.

    1311 IL-48, Decatur, IL 62526
    View details
    Office Building in Business Court
    $239,000
    4,256 SF

    Office Building in Business Court

    Commercial building with offices and tenant income potential.

    2060 Timberbrooke Drive, Springfield, IL 62702
    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
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    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
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    Commercial Lots Behind Walmart
    $75,000
    1.74 Acres

    Commercial Lots Behind Walmart

    Two B-1 zoned commercial lots in prime location.

    2601 Memphis Drive, Springfield, IL 62702
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    Commercial Lots Behind Walmart
    $75,000

    Commercial Lots Behind Walmart

    Two B-1 zoned commercial lots behind Walmart on Dirksen Parkway.

    2601 Memphis Drive 2621, Springfield, IL 62702
    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.

    500-508 Broadway St
    Government properties
    Value Estimation by Request

    500-508 Broadway St, Lincoln, IL 62656

    View details
    109 Sangamon St
    Restaurants
    Value Estimation by Request

    109 Sangamon St, Lincoln, IL 62656

    View details
    121 Sangamon St
    Restaurants
    Value Estimation by Request

    121 Sangamon St, Lincoln, IL 62656

    View details
    602 Woodlawn Rd
    Individual retail properties
    5,800 SF Lot: 0.92 Acres
    Value Estimation by Request

    602 Woodlawn Rd, Lincoln, IL 62656

    View details

    Lincoln, IL Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 8 retail properties & spaces for sale in Lincoln, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 23,227 square feet of properties for sale, with an estimated market value of $499,700.

    Sale prices for stores in Lincoln, IL start at $99,900, averaging $166,566, 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

    Shopping centers 2
    Storefront properties 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 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 $187.4K

    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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