Listing provided courtesy of RE/MAX of Rock ValleyMREDas Distributed by MLSGrid- MLS# 12520494MLS Provider

208 N Walnut StreetStillman Valley, IL 61084

Commercial · 4,422 Sq. ft.
$299,000 Active

208 N Walnut Street Overview

Time on Site:
222 days
Visits:
2

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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208 N Walnut Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,422
  • Price/Sq.ft. $68

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Bar/Tavern/Lounge,Food & Beverage,Restaurant
  • Current Use: Commercial

Location/Region

  • County Or Parish: Ogle
  • MLS Area Major: Stillman Valley

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Sewer, Gas

Tax Information

  • Tax Annual Amount: $2,803.66
  • Tax Year: 2024

General Information

  • Parcel Number: 10013040100000
  • Possible Use: Commercial,Liquor License
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4422

General Information

  • Cooling: Central Air
  • Electric: Other
  • Stories: 2

Unit Information

  • Unit SqFt.: 850

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 14x77x99x32.25x34x51x25
  • Lot Size Square Feet: 4852
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition, Membrane, Rubber

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

208 N Walnut Street Neighborhood

Community

61084 (Stillman Valley) Demographics

46
Median Age
88
Population Density (per sq. mile)
45%
College Educated
$76,023
Estimated Median Income
1,062
Estimated Total Home Owners
152
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

208 N Walnut Street Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

208 N Walnut Street Market Data

Based on the last 30 days in this zip code

$427,474
Average List Price
$180
Average Price per Square Foot
0
Properties Sold
91
Average Days on Market
12
Properties for Sale
Calculations provided by Reliance Network

208 N Walnut Street History

Date Event Value Agent
4/6/2026Source: MRED Status Change
Active
4/1/2026Source: MRED Price Reduction
$299,000 -14.5%
4/1/2026Source: MRED Status Change
Price Change
11/24/2025Source: MRED Status Change
Active
11/19/2025Source: MRED Added to Database
November 19, 2025