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Bar and Grill with Upgraded Kitchen
For Sale
$370,000

5237 Kaskaskia Road, Waterloo, IL 62298

Operating hospitality property with transferable recipes, included equipment, and digital business assets.

Property SizeContact for details
Days on Market33

Property Features for 5237 Kaskaskia Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $1,414

Building Details

Year Built 1939
Buildings 2
Stories 1
Listing Agency: Century 21 Advantage
Listed By: Linda Frierdich · License #471012311
Source: Nesterrealty
Added: Jul 29 Changed: Aug 29 Last Checked: Aug 29 at 8:53PM

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 Century 21 Advantage

Investment Insights

Based on property information with market context.

Built in 1939, this bar and restaurant includes the physical and operational components needed for continued hospitality use. The property has received major kitchen improvements along with broader system updates. Fixtures, furnishings, and equipment are included, as are the business website, social media accounts, and branding materials.

The transaction also includes the establishment’s house recipes, including its fried chicken recipe. Gambling machines are present on-site but are excluded; any transfer would remain subject to applicable licensing and regulatory approvals. The property is located at 5237 Kaskaskia Road in Waterloo, Illinois.

Key Highlights

  • Bar and restaurant property built in 1939
  • Major kitchen upgrades and enhanced systems
  • Fixtures, furnishings, and equipment included

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Bakery Restaurant Bar & Pub

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

9
Businesses Nearby
Well-served
Demand for This Use

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating hospitality property with transferable recipes, included equipment, and digital business assets.
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: Bar and restaurant property built in 1939; Major kitchen upgrades and enhanced systems; Fixtures, furnishings, and equipment included
More about this property
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