208 N Walnut Street
Stillman Valley, IL, 61084 $ 349,900
Bedrooms-- Baths-- Sq 4,422 Monthly Estimate*
$ 2,183
for $349,900. This 4,422 square foot building was built on a lot size of 0.111387.
Step into an incredible opportunity with this legendary local bar and restaurant, available for the first time in decades and offering a truly seamless, turn key transition for its next owner! With seating for more than 100 guests, this vibrant establishment combines a full dining room, a welcoming bar area, and a lively atmosphere that has made it a cornerstone of downtown Stillman Valley. Housed in a charming historic building right in the heart of the community, the property also includes a spacious one bedroom upper apartment, perfect for owner occupancy, staff housing, or additional rental income. Known throughout the region as Fritz's Wooden Nickel, this beloved destination has proudly served generations of locals and visitors, building a loyal following and a reputation for great food, friendly service, and unforgettable gatherings. This sale includes everything you need to hit the ground running, inventory (excluding a few personal items), equipment, furnishings, and even four slot machines included in the stock sale for added revenue and an easy handoff. The current owners are committed to your success and will stay on to assist with a smooth transition, ensuring operations continue without interruption. A highlight of the business is the famous summer steak fry, famous Fish Fry and incredible salad bar, a long-standing tradition that draws crowds from near and far and has become a signature event in the community. With its historic charm, thriving customer base, and unmatched local presence, Fritz's Wooden Nickel is more than just a bar and restaurant, it's a Stillman Valley institution. This is your chance to carry on the legacy, add your own vision, and take this community favorite to the next level!
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Commercial ActiveBar/Tavern/Lounge,Food & Beverage,Restaurant
FeaturesGeneralCooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected
Possession Closing
Roof Composition Membrane Rubber
Zoning COMMR
Electric Other
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Taxes Insurance Repairs Sewer Gas
Stories Count 2
Tax Year 2024
Current Use Commercial
Business Type Bar/Tavern/Lounge Food & Beverage Restaurant
County Ogle
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Liquor License
Status Active
Directions RT 72 to Stillman Turn North on Walnut building is on 2nd block
City Stillman Valley
MLS Area Stillman Valley
Lot Size Square Feet 4852
Tax Annual Amount 2803.66
Additional Parcels Y/N N
Standard Status Active
Ownership Type Sole Proprietor
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ExteriorWater Source Municipal Water
Building Area Total 4422
Lot Dimensions 14x77x99x32.25x34x51x25
Frontage Type City Street
Waterfront Y/N N
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* Excluded FeaturesList ByRe/Max Of Rock ValleyBroker
carla@carlabenesh.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,183
- Monthly Property Taxes
- $234
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Stillman Valley, IL
Average List Price $0
Percent of Sale Price 100%
About Stillman Valley, IL 1,158 Population
6% Since 2002
$ 62,921 Median Income
41.79 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/19/2025 | $349,900 | | Listed Price |