Ownership of The Lantern in downtown Naperville is changing, but traditions that date back nearly six decades are not.
The Lantern at 8 W. Chicago Ave., owned by the Feldott family since 1966, has been purchased by Mike LaCoco, who said he plans to keep the tavern's staff, including Teri Feldott as manager.
LaCoco, who owns investment properties and Naperville Auto Haus on Ogden Avenue, said he wants to keep everything the same, including hiring Teri Feldott as manager. Among the properties LaCoco has owned, he said, was an old Taco Bell on Ogden Avenue that he rented to the founders of Naf Naf Grill. But The Lantern is a throwback to an earlier era, with a neighborhood bar look and feel that can’t be found elsewhere downtown, she said. “We’re far from fancy,” Feldott said.
Even customers who’ve moved away from Naperville make it a point to visit, she said, and always say the same thing, “It’s just how I remember it.”Customers watch North Central College play in the NCAA Division III Football National Championship at The Lantern in downtown Naperville in 2021. Popular with sports enthusiasts, the tavern offers free chili on Sundays during Chicago Bears football
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