755 S Franklin Street

Decatur, IL 62521 · MLS #6260552

$105,000
Listed 12 days ago
Save
Bathrooms
2
Acres
0.15
Type
CommercialSale
Status
Active

Don’t miss the opportunity to own NJ’s Place Bar, a well-known local establishment at 755 S Franklin St. in Decatur, IL. Located just south of Downtown Decatur on a four-lane, one-way roadway with approximately 9,000 vehicles passing daily, this property offers excellent visibility and accessibility. Priced to sell, the property features an easy-to-maintain stone exterior, shingle roof, and gravel parking lot. The bar space offers just under 800 sq. ft., plus an unfinished basement for additional storage. Liquor and gaming licenses are in place, offering the opportunity to continue the existing business or bring a new concept to the location. License transfer is subject to buyer approval by the City of Decatur and all applicable requirements. *Any prospective buyer is encouraged to review State laws, City Ordinances, liquor and gaming license requirements and existing development agreements with the City of Decatur before submitting any offers to purchase.

Features

Gas Water HeaterOn SiteBusiness ParkCentral AirForced AirGasUnfinished

Property Details

Price
$105,000
MLS #
6260552
Status
Active
Baths
2
Type
CommercialSale
Subtype
Business
Listed Date
Sep 2, 2026
Lot Size
6,534 sqft / 0.15 acres
Year Built
1900
County
Macon
Zoning
COM
Parcel Number
04-12-14-355-010

Interior

Above Grade Finished Area
0
Full Bathrooms
2
Appliances
Gas Water Heater
Basement
Unfinished
Cooling
Central Air
Heating
Forced Air, Gas
Levels
One

Exterior

Construction Materials
Stone
Foundation
Cellar
Parking Features
On Site
Roof
Shingle
Stories
1
Lot Features
Business Park
Road Surface
Gravel
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$649/mo
$559 principal & interest$90 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2025
Taxes
$1,077

Market Summary

Current real estate data for CommercialSale in Decatur as of Sep 14, 2026, from all participating CIBR offices.

CommercialSale Listed
35
Avg Days on Market
273
Avg List Price
$604,717

Location

See this listing

Ask a question or request a tour of 755 S Franklin Street. We'll get right back to you.

Listed by Brinkoetter REALTORS® · (217) 875-0555. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

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Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

Copyright 2026 Central Illinois Board of Realtors. All rights reserved. This site was last updated 9/14/2026, 3:23:03 PM (Central Time).