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Brick Bar & Restaurant
For Sale
$370,000

5237 Kaskaskia Road, Waterloo, IL 62298

COMMERCIAL - Waterloo, IL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market116

Property Features for 5237 Kaskaskia Road

General Information

Property type Commercial Sale
Property subtype Other
Security features Security System
Subdivision Old Town
Directions GPS Friendly
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 Wall/Window Unit(s), 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 · Century 21 Real Estate
Listed By: Linda Frierdich · License #471012311
Added: Apr 27 Changed: Aug 4 Last Checked: Aug 20 at 9:06PM
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.

This brick-and-frame bar and restaurant offers a long-standing, operational concept under the “Crazy Train Saloon and Grill” name, with included fixtures, furnishings, and equipment for continued operations. Flooring is listed as laminate and combination materials. The property was built in 1939 and is supported by propane heating and window or wall/window unit cooling systems. Water service is provided by public water, and propane is listed as a utility.

The site sits on a 0.3519-acre lot at 5237 Kaskaskia Road in Waterloo, IL 62298 (Monroe County). The sale is described as including digital assets such as the website, social media, and branding, as well as house recipes. Gambling machines are currently on-site but are not included in the sale; transfer is noted as subject to appropriate licensing and regulatory approvals.

The property is positioned for buyers seeking an established neighborhood bar-and-restaurant operation with included equipment and supporting materials.

Key Highlights

  • 0.3519‑acre lot at 5237 Kaskaskia Road, Waterloo, IL 62298
  • Crazy Train Saloon and Grill includes fixtures, furnishings, equipment, and digital assets
  • Brick and frame construction with laminate and combination flooring

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 - Brick bar and restaurant on public utilities with propane heat and window or wall air conditioning.
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: 0.3519‑acre lot at 5237 Kaskaskia Road, Waterloo, IL 62298; Crazy Train Saloon and Grill includes fixtures, furnishings, equipment, and digital assets; Brick and frame construction with laminate and combination flooring
More about this property
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