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Historic Conventional Restaurant
For Sale
$299,000

208 N Walnut St, Stillman Valley, IL 61084

Downtown property includes a one-bedroom upper apartment alongside dining and bar areas.

Property Size4,422 SF
Price / SF$67.62
Days on Market20

Property Features for 208 N Walnut St

General Information

Standard status Active
Size 4,422 SF
Property subtype Business Opportunity

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes
Listing Agency: RE/MAX of Rock Valley
Listed By: Carla Benesh · License #010258
Source: Bktchicago
Added: Aug 11 Changed: Aug 29 Last Checked: Aug 25 at 4:08AM

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 RE/MAX of Rock Valley

Investment Insights

Based on property information with market context.

Located at 208 N Walnut Street in Stillman Valley, this historic restaurant property includes a full dining room, bar area, and seating for more than 100 guests. A one-bedroom apartment occupies the upper level, providing an additional component within the building. The property is zoned COMMR.

The sale includes inventory excluding a few personal items, along with equipment and furnishings. Four slot machines are included in the stock sale. The current owners will remain available to assist with the transition, supporting continuity as the restaurant changes hands. The business operates under the name Fritz's Wooden Nickel and has served the Stillman Valley community for decades.

Key Highlights

  • Historic restaurant property at 208 N Walnut Street, Stillman Valley, IL 61084
  • Seating for more than 100 guests
  • Full dining room and dedicated bar area

Property Analytics

Current Use

Fritz's Wooden Nickel Bar & Pub

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Plumbing Service Grocery & Convenience Store Spa & Massage Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

97
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61084, IL

3,036
Population
1,425
Households
2.1
Avg Household Size
45
Median Age
37%
College-Educated
97%
High-School Grad
34.8 sq mi
ZIP Area
87
Density / Sq Mi
$93,264
Median Household Income
$42,802
Median Earnings
$797
Median Rent
$204,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Downtown property includes a one-bedroom upper apartment alongside dining and bar areas.
Where is this conventional restaurant located?
The property is located at 208 N Walnut St Stillman Valley, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Historic restaurant property at 208 N Walnut Street, Stillman Valley, IL 61084; Seating for more than 100 guests; Full dining room and dedicated bar area
More about this property
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