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Established Bar and Grill
For Sale
$370,000

5237 Kaskaskia Road, Waterloo, IL 62298

Operating bar and restaurant with kitchen upgrades, transferable recipes, and included fixtures, furnishings, equipment, and digital assets.

Days on Market97

Property Features for 5237 Kaskaskia Road

General Information

Standard status Active
Property subtype Commercial

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Year Built 1939
Listing Agency: Century 21 Advantage
Listed By: Linda Frierdich · License #471012311
Source: Exit2newbeginningz
Added: Apr 27 Changed: Jul 31 Last Checked: Jul 31 at 4:35PM

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.

The Crazy Train Saloon and Grill is an operating bar and restaurant at 5237 Kaskaskia Road in Waterloo, Illinois. The property includes fixtures, furnishings, equipment, website, social media accounts, branding, and house recipes, including the signature fried chicken recipe. Major kitchen upgrades and enhanced systems have been completed throughout the property.

Gambling machines are currently on-site but are excluded from the sale; they may be transferable subject to licensing and regulatory approvals. Financial information is available to qualified buyers with a Letter of Intent or written offer accompanied by proof of financing. The property was built in 1939.

Key Highlights

  • Operating bar and restaurant at 5237 Kaskaskia Road, Waterloo, IL 62298
  • Includes fixtures, furnishings, equipment, website, social media, and branding
  • House recipes transfer with the sale, including a signature fried chicken recipe

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 bar and restaurant with kitchen upgrades, transferable recipes, and included fixtures, furnishings, equipment, and digital 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: Operating bar and restaurant at 5237 Kaskaskia Road, Waterloo, IL 62298; Includes fixtures, furnishings, equipment, website, social media, and branding; House recipes transfer with the sale, including a signature fried chicken recipe
More about this property
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