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    5237 Kaskaskia Rd Waterloo, IL 62298

    For Sale
    $400,000

    Business - Waterloo, IL

    Type:Business
    Lot size:
    0.35 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5237 Kaskaskia Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Security features
    Security System, Smoke Detector(s)
    APN
    10-13-401-025-000
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Propane (Heating)
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1939
    Flooring type
    Laminate
    Building materials
    Brick, Frame
    Architectural style
    Other

    Century 21 Advantage Real Estate Inc (618) 281-7621 [email protected]

    Listing agent Linda Frierdich (618) 281-7621 License #471012311

    Listing date Nov 19, 2025

    MLS# 25050557 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Bar and Restaurant Opportunity

    This is a turn-key bar and restaurant that has been a local favorite for decades. Known for its welcoming atmosphere and reputation for food and drinks, this establishment is a destination where memories are made. Patrons travel from miles around for the fried chicken, made fresh using a signature recipe that will transfer with the sale, along with all other house recipes. The sale includes all digital assets (website, social media, branding), fixtures, furnishings, and equipment, allowing a seamless transition into ownership and continued operation. The property has updates, including kitchen upgrades and enhanced systems throughout. Gambling machines are currently on-site, but are not included in the sale and may be transferrable pending appropriate licensing and regulatory approvals. The property is located a short drive outside of Waterloo, Illinois, and occupies a lot of approximately 0.3519 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Bar & Pub Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Walsh's Tavern

    Location Insight

    • Map
    • Local Demand
    City
    Waterloo
    County
    Monroe
    State
    Illinois
    Longitude
    -90.153466
    Latitude
    38.268747

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    FAQs

    What type of property is this?
    Bar - Established bar and restaurant with loyal clientele near Waterloo.
    Where is this bar located?
    The property is located at 5237 Kaskaskia Rd Waterloo, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Turn-key bar and restaurant with a long-established reputation and loyal clientele.; - Includes all recipes, including the popular fried chicken recipe, plus digital assets.; - Sale includes all fixtures, furnishings, and equipment for a seamless transition.
    (618) 281-7621
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    5237 Kaskaskia Rd Waterloo, IL 62298
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    Waterloo, IL 62298
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5237 Kaskaskia Rd Waterloo, IL 62298
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