The Lakewood Village Tavern is a tavern located right in the heart of the Madison bar crawl. It can accomidate large crowds with its many barstools and booths, do feel free to bring some friends. While just a little rough around the edges, the tavern still manages to be sporty with a little bit of class and a touch of the country atmosphere, as opposed to Grafton's right next door. And yes, Lakewood Village Tavern serves cheap eats. Steak dinners start at about $7 and there's a variety of other bar food available to consume.