Restaurants

Waterloo, IL Restaurants for Sale

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Columbia, IL Valmeyer, IL Millstadt, IL Smithton, IL Hecker, IL New Athens, IL Red Bud, IL Louis, MO
Brick Bar & Restaurant
Updated: Apr 27
Brick Bar & Restaurant

5237 Kaskaskia Road, Waterloo, IL 62298

$370,000
0.35 AC lot
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
Built in 1939
Propane heating with window or wall/window unit cooling
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Established Bar and Grill
Updated: Apr 27
Established Bar and Grill

5237 Kaskaskia Road, Waterloo, IL 62298

$370,000
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
Major kitchen upgrades and enhanced systems completed throughout
Gambling machines on‑site but excluded; transfer may be possible subject to licensing and regulatory approvals
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Waterloo, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bar and Pool Hall with Kitchen
Bar and Pool Hall with Kitchen

7045 Us Highway 61 67, Barnhart, MO 63012

$900,000
10,204 sqft 1.23 AC lot

Bar, pool hall, and commercial kitchen in a 3-section building on 1.23 acres with about 40 paved parking spaces.

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Brick Mixed-Use Building
Brick Mixed-Use Building

123 S Main St, Columbia, IL 62236

$425,000
1,500 sqft

Flexible commercial space with a bar, prep kitchen, basement storage, and two apartments.

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Bar and Pool Hall with Commercial Kitchen
Bar and Pool Hall with Commercial Kitchen

7045 Us Highway 61 67, Barnhart, MO 63012

$900,000
1.23 AC lot

Bar and pool hall with a commercial-grade kitchen, walk-in cooler, and paved parking for about 40 vehicles.

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Two-Parcel Historic Tavern Property
Two-Parcel Historic Tavern Property

316/318 N Main St, Columbia, IL 62236

$850,000

Historic two-building package with a two-level tavern building and a 1850s structure on separate parcels.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land Lot
Corner Commercial Land Lot

212 Bradford Lane, Waterloo, IL 62298

$40,000
0.26 AC lot

Corner commercial land with high-traffic visibility and easy access, suited for a range of small commercial developments.

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High-Traffic Highway Frontage Land
High-Traffic Highway Frontage Land

8310 Old Saint Louis Road, Belleville, IL 62223

$74,000
1.50 AC lot

Two combined highway-frontage lots in Belleville offer utility access for flexible commercial development.

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Prime Lafayette Avenue Development Opportunity
Prime Lafayette Avenue Development Opportunity

2701-2729 Lafayette Ave, St, Louis, MO 63104

$1,100,000
0.83 AC lot

Architecturally striking building with vacant lots in vibrant neighborhood.

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Commercial Land with Street Frontage
Commercial Land with Street Frontage

O Fallon, IL 62269

$1,960,200
1,296 sqft 15.00 AC lot

15-acre commercial lot with approximately 600 feet of frontage on Hartman Lane and non-operational outbuildings.

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Off-Market Properties in Waterloo, IL

Consider similar Off-Market properties in Waterloo, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

6180 State Rte 3rd 3
BAR, TAVERN

6180 State Rte 3rd 3, Waterloo, IL 62298-3012

$195,000
Estimated value
2,631 sqft 0.94 AC lot
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4179 Kaskaskia Rd
BAR, TAVERN

4179 Kaskaskia Rd, Waterloo, IL 62298-3703

$225,000
Estimated value
1,200 sqft 0.48 AC lot
View details

Waterloo, IL Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Waterloo, IL on our real estate platform.

Sale prices for restaurant properties in Waterloo, IL average $370,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 2
Conventional restaurants 2

Demographics Overview

Population 18K
Population Growth (5Y) +7.8%
Median Household Income $94,073
College Educated 47.1%

High-Yield Neighborhoods for Investment

Identify Waterloo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62298 $370K

Taxes & Financing

Average Loan-to-Value 65.0%

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