Incredible opportunity to own or lease a spacious, fully equipped restaurant and bar with event capabilities. The main level offers 4,876 sq ft featuring two bars, a large commercial kitchen, and ample space for dining, entertainment, or banquets. The basement adds 2,643 sq ft of unfinished storage – perfect for inventory or future expansion. Enjoy a beautiful outdoor beer garden complete with gazebo and a quaint pond, ideal for warm-weather events and live music. Plenty of room for bands, private gatherings, and community events. This property offers excellent versatility for restaurant operators, event venues, or hospitality investors.
** BUSINESS WILL REMAIN OPEN UNTIL SOLD ** Nearing its 45th year in business right here in Lincoln just off of the historic downtown square within the commercial district, the Alley-Bi Saloon awaits its next chapter! Serving as a meeting place to celebrate birthdays, holidays, wedding parties, sporting events, reunions, and various other special occasions, many have come to know and without question love this location -- especially the cheeseburgers, chili, and ice-cold beer! Fully equipped, this commercially zoned structure comes complete with all equipment in addition to inventory -- table/chairs, bar stools, televisions, walk-in cooler, stand-up cooler, neon signs, grill, etc. Structure also features a basement in addition to a second story. Seller has had nearly $30,000 worth of structural work done in the basement within the last five years. Hands down one of the most iconic and well-known/respected bars/taverns in the area, do not miss your chance to own and put your personal touches on this hard-to-find opportunity!
Once a successful well-known bar (The Glass House Tavern), this 7,500+ square foot corner lot two story brick structure has rich history and ample possibilities situated just off of the beautiful downtown square! Bar area remains intact on main floor -- various tables/chairs, etc. will also remain upon settlement. Main floor also boasts ample open flex space, five half baths, walk-in cooler (additional cooler features built-in keg taps), office area, and ample storage/flexible space. Upstairs, you will find a wide open bright and airy unfinished area that could be converted into a gorgeous single-family home, several apartments, an event space, etc. -- SO much potential, truly! High visibility with various commonly frequented adjacent businesses, this expansive commercially zoned structure needs your imagination and creative talents to truly make it a thriving popular destination once again!
With nearly 15,000 square feet of total enclosed space, this commercially zoned property situated on 1.33 acres has served as a very successful and well recognized auto repair shop (Treu Body Works) until recent years (opened in 1982)! Property is brilliantly positioned for an owner-user seeking an established collision and body repair, insurance work, light mechanical, and/or wheel alignment footprint. The location is desirable given it is situated convenient to Routes 10 and 121 and just minutes from I-55. Three separate structures on premises. South building -- constructed in 1986 with office addition and updates in 2008 -- two overhead doors, office HVAC, tube heat in shop, floor drains with oil/water separator. West building -- built in 2018 -- uninsulated/unheated, two overhead doors with electrical and overhead door openers. North building -- constructed in 1991 -- expanded in 2018 -- four overhead doors, tube heat, downdraft paint booth and restrooms (shop and customer). At the list price, seller is willing to leave the following -- alignment machine, car lift, frame machine, as well as two paint booths/two prep stations. This is truly a once in a lifetime opportunity for the right person!
Here’s a rare chance to own a well-known local landmark. Once home to the Glass House Tavern from 1992 through 2020, this standout commercial property is packed with character, space, and potential. With more than 7,500 square feet and access to the neighboring parking lot, the layout is ideal for just about any business you can dream up. The main level offers over 3,800 square feet and includes a fully outfitted former bar area with tables, chairs, barstools, TVs, coolers, cash registers, and more. There’s a large walk-in beer cooler for storage, along with a second cooler featuring built-in keg taps if you want to bring the bar back to life. You’ll also find five half bathrooms, an office, and plenty of storage throughout. The upper level adds another 3,800+ square feet of unfinished space, giving you a blank canvas for expansion, event space, apartments, or whatever your vision calls for. Located just one block from Uptown Lincoln and directly across from IGA, this high-visibility spot offers steady traffic and endless opportunity. Whether you want to revive a community favorite or create something entirely new, this property is ready for it.
On this 1.043 acre commercially zoned site, you have a 1 1/2story building that was used for display purposes. It currently consists of 4 rooms on the main level and 3 rooms upstairs, 1612 sq. ft. total. There are 2 half baths. Because of the truss design, there are no supporting interior walls on the main floor and any wall can be moved. This building could easily be opened up to one large room on the main level. There is also a kitchenette with a mini-fridge and sink. Ideas for this property are endless. Consider this unique property for your business adventure!! The 2034 sq. ft. house is currently a 3 bedroom, 3 bath family residence. You will find a spacious, comfortable home with an open design encompassing a living room, dining room, and well-planned kitchen with pantry. There is a large master suite on the main floor, plus a 2nd bedroom and a large laundry / utility room. On the 2nd floor there is a charming sitting area overlooking the living space below plus a fantastic bedroom suite with lots of extra space for the things that are important to you. Call to view this property in detail!
Choice multi-tenant commercially zoned 2,800+ square foot single story structure with great off-street parking complete with amazing exposure right on Keokuk Street! One side currently operates as a gaming parlor -- the other could be a prime office location, retail space, and/or residential living quarters. Multiple bathrooms and various flexible spaces that could easily be tailored to accommodate various needs. Low maintenance metal roof -- attractive concrete block, wood, and aluminum sided exterior. Operate your own business out of one side and collect rent out of the other -- or live and work under the same roof -- the choice is yours! ** Owner will consider renting vacant side **
PRIME DOWNTOWN LOCATION! 616 Broadway Street, Lincoln is located in the center of the block on Broadway, across from Logan County Courthouse. Priced to sell at $99,900, you're getting a great building with 9,000+ total square feet. Previously used as retail space, there's a large open main floor with 5,900 sq ft, 2 half bathrooms, built-in nooks and multiple storage areas on both sides, and office space overlooking the store floor! There's also a large staircase leading to 3,000+ sq feet of living space, storage, or office space! Current owners have made substantial updates, including: electrical, fire alarm system, flooring has been purchased, suspended ceiling tiles, lighting, and more. New owners will be able to situate as desired! Don't miss this opportunity, and reach out to the Agent of your choice to see 616 Broadway St, Lincoln!
Completely renovated commercial property now available in a high-visibility Lincoln location! Built in 2007, this steel-constructed commercial building offers approximately +-/ 1,800 square feet under one roof and is located within sight of one of Lincoln’s busiest roadways. The property features 400-amp electrical service and an impressive 11x14 mechanical room complete with a utility sink and washer/dryer. Dual gas HVAC systems ensure efficient heating and cooling year-round as well as a whole house fan. Men’s and women’s ADA-compliant restrooms (7x9) add convenience and functionality for a variety of business uses. Property is agent owned. The main area provides approximately 1,600 square feet of wide-open, versatile space. Fresh updates include new light fixtures, updated trim, and newly coated epoxy floors that truly make the space stand out. Parking is available with both a dedicated parking lot and additional on-street parking. Whether you’re launching a new business, expanding an existing operation, or searching for office or storage space, this property offers endless possibilities. Don’t miss your chance to own this one-of-a-kind commercial opportunity at 725 N Chicago St. Schedule your private showing today.
Situated on the corner of Pulaski Street and McLean Street on the historic downtown square, over 10,000 square feet of top-quality commercial space awaits within the absolutely stunning all brick three story Century Building (space being conveyed is found on the main floor as well as the second floor -- inquire for specifics)! With various executive office spaces spread throughout two floors host to various exterior access points, an elevator, sprawling basement, off-street paved parking, and a large rear facing garage with parking for 6+ vehicles, a property like this is without question a rare find -- especially at $395,000 -- WOW! Property is heated via boiler heat (forced air distribution) as well as forced air heat and is cooled by central air conditioning. Third floor roof on structure is a Versico PVC single ply roof system (installed in 2017 with a 20-year warranty) -- second floor Pulaski Street roof is BUR smooth with an aluminum coating over top (sealed in the fall of 2024 with a silicone sealant -- 5-year warranty) -- garage roof is a rock gravel roof with tar paper underneath. Office spaces are currently occupied by long-term tenants with standing leases (information available at ME Realty office for serious qualified buyers). Great views of the downtown district from every office! While I could go on for days regarding the bargain that this property truly is, it would be better if you (and yours) experienced it for yourself -- A MUST TO VIEW!
Courtesy: BHHS Central Illinois, REALTORS
309-663-7653
Step into a beautifully updated commercial property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
Welcome to The Dugan Center -- an expansive multi-tenant nearly 15,000 square foot brick and stone commercially zoned structure situated on 8.36 acres with so much room for additional expansion if needed/desired! Building is currently set up with a large open 3,500 square foot central event space (currently rents out for special occasions, etc.), commercial kitchen (also available for lease), and various separated suites with bathrooms (eight suites total with roughly 800 square feet each -- seven suites are currently rented). Current monthly rental income is $6300.00 but is oftentimes more with income from central space and kitchen (average additional monthly event income is $613.75). Ample off-street parking as well (parking area has been expanded by current owners). Updates in the last six years include roof and soffit repair, flooring in various areas, efficient interior light panels, HVAC in suites 5, 6, 7 & 8, kitchenette with custom backsplash in suites 7 & 8, addition of security alarm systems as well as security cameras, networking throughout, external glass entry doors for each suite, and fire suppression system with welded seam hood in full commercial kitchen. Truly a turnkey commercially zoned structure with amazing interior space -- plus over 8 acres outside to expand, build additional structures, add additional parking -- the choice is yours! Once in a lifetime opportunity!
11.1 flat acres in Lincoln, IL ready for commercial and/or residential development. This parcel sits just north of Route 121/Woodlawn Road, between N. Main Street and N. Jefferson Street. The acreage is currently being farmed and a majority of the property is zoned C-2 (Commercial) with a few spaces on N. Jefferson zoned R-2 (Residential). The property is located in the Enterprise Zone. The property can be subdivided - see photos for GIS parcel outline and Lincoln Zoning Map.
Executive downtown Lincoln, Illinois commercial buildings -- two for one! Over 14,000 square feet of high-quality finished office space -- use to your liking! Various mens and womens bathrooms, kitchenettes, meeting rooms, front lobby type areas, entrances/exits -- such a fine unique blend of spaces that could easily help a new owner accommodate various business needs. Building currently houses several great tenants ($3,200/month in rental income with LOADS of possibilities for more) in a high traffic premier location on the historic downtown Lincoln, Illinois square -- currently separated off into various offices -- A TRULY UNIQUE OPPORTUNITY! Zoned heating and cooling. A must to view in person is 604 Broadway Street, Lincoln as well as 108 N. Kickapoo Street, Lincoln to truly capture as well as comprehend all that these tastefully updated and upgraded stately commercial structures have to offer!
Broker Owned. Very nice former restaurant with a drive thru land with a large amount of stacking for cars. The roof was replaced in approximately 2020 with a membrane roof. There are two furnaces and air conditioning rooftop units on the property.
Courtesy: Coldwell Banker Commercial Real Estate Group
630-844-2222
Don't miss your chance at owning this turn-key thriving bar in Lincoln, IL. This well-established business offers a party room, ideal for private events and gatherings, with ample space to accommodate various functions, a vibrant outdoor area perfect for al fresco drinks and socializing. This establishments offers a wet and dry bar & (2) storage areas as well as up to date restrooms. Prime location, fully equipped bar set-up, fresh interior design, and loyal customer base. This bar combines a fun atmosphere with practical amenities, offering both a strong foundation and exciting growth potential. Whether you're an experienced operator or a passionate entrepreneur, this venue is ready to turn your vision into reality.
Great investment property for sale in Lincoln, IL. This third-floor business condominium is located on the south side of the vibrant downtown Lincoln square, at the SW corner of Pulaski St. and South McLean St. The floor is leased to, and fully occupied by a single tenant. The current lease runs through June 23, 2027, with a 3-year renewal option. Lots of natural light throughout the space with beautiful windows throughout and overlooking the Logan County Courthouse. This property offers great walkability to nearby restaurants and retail stores. The building is currently fully occupied with professional offices. Offered at a 9% cap rate - this property is priced to sell! Call Todd Smith 217-441-8000
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Lincoln is located in Illinois. Lincoln, Illinois has a population of 13,217. Lincoln is less family-centric than the surrounding county with 22.45% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Lincoln, Illinois is $51,915. The median household income for the surrounding county is $59,809 compared to the national median of $69,021. The median age of people living in Lincoln is 39.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.3 inches per year, with 17.3 inches of snow per year.
