Legendary IL Dining Establishment W/Property-Dining/Lounge/Gaming/Banquets! For Sale

Description

Established Illinois restaurant and banquet business with real estate included.

The property includes an approximately 8,000 sq. ft. building on 3.22 acres along a major commercial corridor.

The restaurant has been operating for 81 years and is independent, with no franchise fees.

Food and service

• Prime rib and steaks
• Seafood
• Broasted chicken
• Fish fry
• Sunday brunch
• Full bar
• Banquet and catering service

The property includes multiple dining areas, banquet facilities, a full commercial kitchen and a private gaming area with five machines.

Revenue is generated from restaurant sales, bar service, gaming, banquets and catering.

2025 gaming revenue was reported at approximately $128,743.

The current owner works primarily in a supervisory role, with experienced staff handling daily operations.

The sale includes the operating business, furniture, fixtures, equipment and real estate.

Buyers should verify historical financials, gaming revenue, liquor and gaming licenses, equipment condition, staffing, banquet bookings, property condition and zoning during due diligence.

The listing is confidential. Showings are available by appointment only.