Mixed-Use Bar and Grill
For Sale
Contact for pricing
117 North Main St, Waterloo, IL 62298
Established restaurant with two apartments and included FF&E.
Property SizeContact for details
Days on Market143
Property Features for 117 North Main St
General Information
Standard status
Active
Property subtype
Retail, Multifamily
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Barbermurphy Group
(618) 660-8759
Listed By:
Joe Hardin · License #IL 475111184
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 2:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Barbermurphy Group
Investment Insights
Based on property information with market context.
This mixed-use property combines an operating bar and grill with two apartments in one building. Furniture, fixtures, and equipment are included, supporting continued restaurant operations without separating the commercial and residential components.
Below street level, the property contains a large underground stone cellar complex with three fermenting cellars. The building is located within an Enterprise Zone and has housed an established restaurant since 1985. Its earlier history includes use as the former home of the Schorr family brewery, which operated through the years preceding Prohibition.
Below street level, the property contains a large underground stone cellar complex with three fermenting cellars. The building is located within an Enterprise Zone and has housed an established restaurant since 1985. Its earlier history includes use as the former home of the Schorr family brewery, which operated through the years preceding Prohibition.
Key Highlights
- Mixed‑use building with bar and grill plus 2 apartments
- FF&E included with the sale
- Large underground stone cellar complex below street level
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
Explore this area
Business Placement
Demographics for 62298, IL
17,630
Population
7,562
Households
2.3
Avg Household Size
44
Median Age
35%
College-Educated
96%
High-School Grad
143.0 sq mi
ZIP Area
123
Density / Sq Mi
$94,073
Median Household Income
$52,823
Median Earnings
$884
Median Rent
$263,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Established restaurant with two apartments and included FF&E.
Where is this mixed-use property located?
The property is located at 117 North Main St Waterloo, IL.
What are key features of this property?
This property features: Mixed‑use building with bar and grill plus 2 apartments; FF&E included with the sale; Large underground stone cellar complex below street level
