Babe's Gets Price Reduction: 6 Months On Joliet's Real Estate Market And Still No Buyer Emerges

JOLIET, IL — It's been six entire months since Joliet Patch broke the news, revealing how Tim and Amy Reilly plan to retire and sell their popular long-time Joliet fast-food restaurant, best known as Babe's Jumbo Hot Dogs. However, since the Reillys listed their property with REMAX in early December nobody has come forward to purchase their restaurant property.

At the time, Joliet Patch reported that the Reillys wanted $1,750,000 for their restaurant at 2600 West Jefferson Street. To this day, when thousands of motorists drive past the Babe's Jumbo Hot Dogs property, the REMAX for sale is still prominently displayed.

As it turns out, the Reillys and their listing agent have opted to reduce their asking price for Babe's. According to the commercial website LoopNet, Babe's has been lowered to $1,520,000.

That's a reduction of $230,000.

"Outstanding Joliet classic with value add potential in super growth area with ample parking and multiple access points. Unmatched reputation, great location, quality recipes and fun energy all included," the listing on LoopNet reads. "Strong regular customer base with drive thru and indoor dining options including established gaming. Well maintained building and equipment are all included."

The restaurant was built in 1985.

Back in the summer of 2024, Joliet Patch reported that Tim Reilly's long-time business sign proclaiming "Babe's Jumbo Hot Dogs" was no more. Now, tens of thousands of Joliet motorists traveling along the busy West Jefferson Street corridor are greeted by a new sign that reads "Babe's Home Cookin'."

"We took the word hot dogs out and put wraps and salad, wraps and salad, is a huge part of our business," Reilly told Joliet Patch during the interview. "Don't get me wrong. I still think we have the best hot dogs in town, but we have so much more. Everything is fresh every day, and we just can't stress that enough."

If you are interested in taking the next step to become the proud new of Babe's, Philip Howell, the REMAX listing agent, can be reached at 815-228-4883 or by email at philhowellsold@yahoo.com.