About This Home

This 0-bedroom, 0-bathroom commercial at 5237 Kaskaskia Road in Waterloo, IL is listed for $370,000. Built in 1939, on a 0.35 acres lot.

Key Features

  • Built in 1939
  • 0.35 acre lot

Property Details

1 story
1939

Amenities

A/C
Listing Description

ALL ABOARD THE CRAZY TRAIN! This is your rare opportunity to own a well-established and much-loved local watering hole just a short, well-traveled drive outside of thriving Waterloo. The Crazy Train Saloon and Grill is a turn-key bar and restaurant that has earned its place as a local favorite for decades.

With its laid-back vibe, welcoming atmosphere, and reputation for great food and cold drinks, this isn't just a business-it's a destination where memories are made and regulars feel like family. Patrons come from miles around for the area's favorite fried chicken-made fresh using a signature recipe that will transfer with the sale, along with all other beloved house recipes.

The sale also includes all digital assets (website, social media, branding), fixtures, furnishings, and equipment, allowing a seamless transition into ownership and continued operation without missing a beat. The property boasts numerous updates, including major kitchen upgrades and enhanced systems throughout.

While gambling machines are currently on-site, they are not included in the sale but may be transferrable pending appropriate licensing and regulatory approvals. This is a rare chance to take the wheel of a fully operational, community-supported business with loyal clientele and proven success. Financials will be made available to qualified buyers with a Letter of Intent or written offer accompanied by proof of financing. Don't miss your chance to keep the Crazy Train rolling!

Monthly Cost Estimate

$1,979/mo

20% down · 6.5% · 30 years

Principal$268
Interest$1,603
Insurance$108

Estimates only. Actual payments may vary.

Location

5237 Kaskaskia Road

Waterloo, IL 62298

Old Town

Property Details

Flooring

CombinationLaminate

Construction

Brick Frame

Heating

Propane (Heating)

Cooling

Wall/Window Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5237 Kaskaskia Road is listed at $370,000. The estimated monthly payment is $1,979 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1939, 0.35 acre lot.

This property is listed by Linda Frierdich and can be reached at (618) 281-7621.

LF

Linda Frierdich

Agent at Century 21 Advantage Real Estate Inc

(618) 281-7621

Listed by Century 21 Advantage Real Estate Inc · Broker phone: (618) 281-7621 · View on Broker Site

MLS# 26025534· Source: Mid America Regional Information Systems, Inc.· 110 days on PropertySimple

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.

5237 Kaskaskia Road, Waterloo, IL 62298

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