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Turn-Key Bar and Restaurant

5237 Kaskaskia Road Waterloo, IL 62298

5237 Kaskaskia Road, Waterloo, IL, 62298
$370,000
For Sale
$370,000

COMMERCIAL - Waterloo, IL

Lot Size0.35 Acres
Days on Market83

Property Features for 5237 Kaskaskia Road

General Information

Property type
Commercial Sale
Property subtype
Other
Security features
Security System
Standard status
Active
APN
10-13-401-025-000
Lot size
0.35 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
1414

Utilities

Utilities
Propane
Heating system
Propane (Heating)
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1939
Floors in Building
1
Flooring type
Combination, Laminate
Building materials
Brick, Frame
Listing Agency Century 21 Advantage
103 S Main St, Columbia, IL
Listed by Linda Frierdich · License #471012311
Added: Apr 27 Checked: Jul 18 at 3:06 pm
MLS# 26025534

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Turn-key bar and restaurant offering an established operating setup, including all house recipes referenced in the materials. The sale also includes digital assets (website, social media, and branding) along with fixtures, furnishings, and equipment intended to support continued operation. The property is described as having numerous updates, including major kitchen upgrades and enhanced systems throughout.

The business is located at 5237 Kaskaskia Road in Waterloo, Illinois, on a lot sized at 0.3519 acres. The on-site gambling machines are noted as not included in the sale, but may be transferrable subject to appropriate licensing and regulatory approvals.

This offering is best suited for an owner-operator or operator seeking a ready-to-run neighborhood bar and grill with an included brand presence and operational assets. With equipment, furnishings, and kitchen improvements already in place as described, a new buyer can focus on maintaining day-to-day operations while onboarding the transferred recipes and included digital platforms. Financial information is stated to be available to qualified buyers with a Letter of Intent or a written offer accompanied by proof of financing.

Key Highlights

  • Crazy Train Saloon and Grill operates as a bar and restaurant with on‑site gambling machines (machines not included in sale)
  • Sale includes fixtures, furnishings, and equipment, plus digital assets (website, social media, branding) and house recipes
  • Major kitchen upgrades and enhanced systems reported on the property

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Bakery Restaurant Bar & Pub

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

Similar Off Market Nearby

  • Walsh's Tavern — 5237 Kaskaskia Rd, Waterloo, IL 62298

FAQs

What type of property is this?
Bar & Pub - Operational bar and grill with included recipes, digital assets, fixtures, furnishings, and equipment for a streamlined ownership transition.
Where is this bar & pub located?
The property is located at 5237 Kaskaskia Road Waterloo, IL.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Crazy Train Saloon and Grill operates as a bar and restaurant with on‑site gambling machines (machines not included in sale); Sale includes fixtures, furnishings, and equipment, plus digital assets (website, social media, branding) and house recipes; Major kitchen upgrades and enhanced systems reported on the property
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