#2 in Indianapolis Close a Deal Impress Clients Birthday

St. Elmo Steak House

Open since 1902 and not a bit sorry about it. The legendary shrimp cocktail alone has cleared more sinuses — and closed more deals — than any room in the state.

CuisineClassic American Steakhouse
Price$$$$
LocationDowntown Indianapolis
Dress CodeBusiness Casual to Smart
9.0
Food
9.5
Ambience
8.0
Value
Reserve a Table →

About St. Elmo Steak House

There are restaurants, and then there are institutions. St. Elmo Steak House, opened on South Illinois Street in 1902, is the clearest example of the second category in the American Midwest. One hundred and twenty-four years of uninterrupted operation in downtown Indianapolis have not softened its edges or diluted its confidence. The room arrives precisely as it always has: dark wood, white tablecloths, photographs of celebrity visitors lining corridors that feel more like a hall of fame than a hallway, and tuxedo-clad waitstaff who have seen everything and remain amused by none of it.

The James Beard Foundation recognized St. Elmo with its America's Classics award in 2012 — the only Indianapolis restaurant to receive the honor in the Foundation's history. It is a distinction that the restaurant had already earned several times over by the time the award arrived. In a city where dining culture has evolved dramatically over the past two decades, St. Elmo has held its position through the simple expedient of never compromising on what matters: the quality of its beef, the precision of its service, and the ritual integrity of its house signature.

That signature is the St. Elmo Shrimp Cocktail — four jumbo shrimp served with a horseradish cocktail sauce of such ferocious heat that it has achieved a reputation beyond Indianapolis, beyond Indiana, beyond the broader Midwest. The horseradish burn is not an affectation or a novelty. It is a test, an initiation, and a tradition. First-time visitors are warned; regulars wear their tolerance as a badge. Either way, the shrimp cocktail arrives first, and the evening begins in earnest.

The steaks are USDA Prime, dry-aged, sourced from corn-fed Midwest Black Angus cattle and hand-cut to specification. The kitchen does not offer innovations or seasonal interpretations of the steakhouse menu. It offers extraordinary beef, prepared correctly. A wine cellar built for serious entertaining extends to the bottle and by the glass with the same intention. The private dining capability has made St. Elmo the address for Indianapolis's most significant corporate entertaining for generations.

Why St. Elmo for Closing a Deal

St. Elmo has been doing this since before living memory. The room carries institutional weight that no newer restaurant can manufacture — when you bring a client here, you are telling them that Indianapolis takes them seriously enough to take them to the best. The tuxedo-clad service is efficient, attentive, and never intrusive. The private dining rooms handle confidential conversations without effort. The ritual of the shrimp cocktail creates a shared experience at the table before the first course arrives. This is the most efficient deal-closing room in Indianapolis, and it has been for over a century.

What to Order

The shrimp cocktail is non-negotiable — even for guests dining at St. Elmo for the twentieth time, there is an obligation to continue. The Dry-Aged Prime New York Strip and the Filet Mignon are the canonical St. Elmo orders; both deliver at the level their reputation requires. Classic sides — creamed spinach, hash browns, broiled tomato — accompany the steaks as they have for a century. The wine list handles the entertainment expense with the appropriate combination of breadth and quality.

The Legacy

Indianapolis has changed around St. Elmo's address on South Illinois Street through four distinct eras of the city's development. The restaurant has not changed with it — and that steadfastness is the point. In a dining landscape that rewards novelty, St. Elmo's enduring presence is itself an argument: that consistency at the highest level, maintained across generations, is a rarer and more valuable achievement than any single season's innovation.

Diner Reviews

Reviews from verified diners — occasion-tagged so you can find experiences that match yours.

Join Restaurants for Kings to read and submit reviews, tag your occasion, and vote on the best tables in Indianapolis.

Join Free to Read Reviews
Is this your restaurant? Claim or update this listing →