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1230 5th Street Lincoln, IL 62656 • Commercial - Business • Active

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Description

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.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Available Sqft: 7567

General Information

County: Logan
Listed By:
The Real Estate Group, Inc. Mobl: 217-313-0580
RMLSA
$190,000
Est. $1,325/mo
Active
SQUARE FEET7,567 MLS#CA1045780
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Shown By

Pamela Helmer
 (563) 213-2636

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1230 5th Street, Lincoln, IL 62656.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $190,000$190,000$190,000
Down Payment $38,000$6,650$47,500
Monthly Mortgage Amount $961$1,179$1,193
Taxes $264$264$264
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$84$0
Monthly Estimated Total $1,325$1,627$1,557

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