When Myron & Phil co-founder Myron Freedman died in 2013 at age 95—coincidentally, on the same day an electrical fire closed his beloved Lincolnwood steakhouse—his son Mark told CBS the family would "rise from this and be one of the best restaurants on the North Shore." Tomorrow, he and his wife Ellie will make headway on that promise with the grand opening of Wildwood Tavern (6480 W. Touhy, Niles, 847-677-6663), a woodsy 210-seater built in Myron & Phil's image.

Located about five miles from the original steakhouse in neighboring Niles (landlord disputes forced the Freedmans out of the old location), Wildwood Tavern boasts the regal hominess of its predecessor with some new, casual twists. The massive Alpine-rustic space (formerly Christopher's Off the Bone) comprises multiple dining rooms and two patios where guests can munch on decades-old Freedman-family recipes (braised brisket) and new, pubby concoctions (cheese and bacon–stuffed tater tots). Other holdovers on the menu include an onion-topped skirt steak, apple pie in a jar, and the gratis-no-more supper club platter (chopped liver, pickles, tomatoes, pepper, egg, onion, and crackers).

What's more, it'll all be a heck of a lot more affordable this time around. "We're really trying to keep most of the menu under $20," says Ellie Freedman, who's quick to add that that doesn't apply to the skirt steak. On top of a budget-friendly menu, the Freedmans will impart a focus on smoked foods (pulled pork, turkey, and thin-crust pizza), a ramped-up salad menu, and, in a few months, live entertainment. Until then, guests will have to occupy themselves in other ways—which shouldn't be hard with 20 beers on tap.