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    Chicago, IL Conventional Restaurants for Sale

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    Found 100 conventional restaurant listings for sale in Chicago, IL, averaging $199/sq ft. Use valuation data to compare deals faster.
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    Bar and Restaurant with Beer Garden
    Updated: Aug 25
    Bar and Restaurant with Beer Garden

    5134 W Irving Park Road, Chicago, IL 60641

    $1,200,000
    0.10 AC lot
    Brick bar and restaurant on a 0.0994‑acre corner site
    Beer garden
    Full basement with a new walk‑in cooler
    Brick garage with capacity for 3 cars
    New HVAC system
    View details
    Renovated Freestanding Restaurant
    Updated: Apr 14
    Renovated Freestanding Restaurant

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot
    4,055 SF freestanding restaurant property
    3,125 SF main level plus a 930 SF 3‑bedroom residential unit
    Gut‑renovated in late 2024 with seating for 95
    Public Place of Amusement, liquor, and food licenses
    Commercial kitchen with pizza ovens, extended range, stove, prep areas, and walk‑in cooler
    View details
    Renovated Freestanding Restaurant
    Renovated Freestanding Restaurant

    7455 W Irving Park Road, Chicago, IL 60634

    North Side
    $949,000
    Business included  4,055 sqft  95 seats  Built 1924 / renov 2024  1 building
    26,000 VPD

    Corner restaurant property with licensed event capabilities, a commercial kitchen, parking, and an additional residential unit.

    15 spaces  Liquor license  Equipment included  Furnished
    View details
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    Turnkey Restaurant with Outdoor Seating
    Turnkey Restaurant with Outdoor Seating

    416 W Ontario Street C-1, Chicago, IL 60654

    River North
    $848,888
    4,300 sqft  Ground  Built 2003
    Highway access

    Fully equipped ground-floor space includes a commercial kitchen, dining furnishings, two ADA-compliant restrooms, and permitted patio seating.

    Commercial hood  Patio  Equipment included  Furnished
    View details
    Mixed-Use Property with Commercial Kitchen
    Mixed-Use Property with Commercial Kitchen

    7455 W Irving Park Road, Chicago, IL 60634

    North Side
    $949,000
    Business included  4,055 sqft  0.14 acres  1 building  Renovated 2024
    Road access

    Freestanding corner property combines a renovated restaurant, licensed event venue, and three-bedroom residential unit.

    15 parking spaces
    View details
    34-Room Exterior-Corridor Motel
    34-Room Exterior-Corridor Motel

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    Grand Crossing
    $2,200,000
    0.31 acres  2 buildings

    Three-story lodging property includes a separate restaurant building and main-level parking.

    View details
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    Mixed-Use Property with Restaurant Space
    Mixed-Use Property with Restaurant Space

    338 W Armitage Avenue, Chicago, IL 60614

    Lincoln Park
    $2,250,000
    Built 1878

    A triplex residence, separate coach house, and three-car garage complement the street-level commercial suite.

    3 parking spaces
    View details
    Corner Development Site with Restaurant
    Corner Development Site with Restaurant

    7455 W Irving Park Rd, Chicago, IL 60634

    North Side
    $949,000
    Business included  4,055 sqft  Built 1924 / renov 2024
    18,000 VPD  Highway access

    Signalized corner site with a renovated freestanding restaurant and side parking, offering flexible neighborhood commercial use.

    15 spaces
    View details
    Mixed-Use Property with Coach House
    Mixed-Use Property with Coach House

    338 W Armitage Avenue, Chicago, IL 60614

    Lincoln Park
    $2,250,000
    Built 1878

    A leased restaurant space accompanies a triplex residence, separate coach house, and three-car garage.

    3 parking spaces  Courtyard  Rooftop terrace  Balcony
    View details
    Turnkey Restaurant Space with Patio
    Turnkey Restaurant Space with Patio

    416 W Ontario Street, Chicago, IL 60654

    River North
    $848,888
    4,300 sqft  Ground  Built 2003
    Highway access

    Ground-floor restaurant property with commercial kitchen equipment, ADA-compliant restrooms, and B3 zoning in River North.

    Commercial hood  Patio  Equipment included  Furnished  Central air conditioning
    View details
    Two-Unit Mixed-Use Property
    Two-Unit Mixed-Use Property

    7710-12 W Belmont Ave, Chicago, IL 60634

    North Side
    $749,999
    4,000 sqft  Built 1957  Multi-tenant

    Combined office and restaurant uses with separate utilities and rear tandem parking.

    Utilities to site  8 parking spaces  Public Transprtation Adjacent
    View details
    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    10606 S Torrence Avenue, Chicago, IL 60617

    South Deering
    $135,000
    Built 1888

    Restaurant property with central air and an included commercial kitchen setup.

    Equipment included
    View details
    Brick Mixed-Use Building with Restaurant
    Brick Mixed-Use Building with Restaurant

    2506 N Clybourn Avenue, Chicago, IL 60614

    Bucktown
    $1,475,000
    5,500 sqft  0.23 acres  1 building  2-story  Built 1900  solid brick
    M1-2

    A ground-floor restaurant and bar shares the property with three apartments on the upper level.

    Fireplace  Exposed brick interior  Private outdoor balcony  Walk-in cooler  Detached garage
    View details
    Retail Corner Site with Existing Building
    Retail Corner Site with Existing Building

    2207-2214 W Ogden Avenue, Chicago, IL 60612

    Tri-taylor
    $2,495,000
    5,000 sqft  0.38 acres
    19,000 VPD  PD-30

    High-visibility hard-corner site with an existing 5,000 SF building and flexible PD-30 zoning.

    View details
    Mexican Restaurant With Bar
    Mexican Restaurant With Bar

    1347 W 47th Street, Chicago, IL 60609

    Back of the Yards
    $750,000
    Business included

    Business sale includes a 2024 buildout, furnishings, POS system, and liquor license.

    Liquor license  Furnished
    View details
    Renovated Mixed-Use Corner Property
    Renovated Mixed-Use Corner Property

    7455 W Irving Park Road, Chicago, IL 60634

    North Side
    $949,000
    Business included  4,055 sqft  0.16 acres  Built 1924 / renov 2024

    Renovated mixed-use property combining a restaurant, bar, commercial kitchen, and three-bedroom residential unit.

    View details
    Conventional Restaurant For Sale
    Conventional Restaurant For Sale

    2830 N Milwaukee Ave, Chicago, IL 60618

    Avondale
    $699,000
    4,700 sqft  Built 1993

    Restaurant property offered for sale on N Milwaukee Avenue, suitable for an operator seeking an established food service space.

    View details
    Brick Mixed-Use Building with Restaurant
    Brick Mixed-Use Building with Restaurant

    3248 N LINCOLN Avenue, Chicago, IL 60657

    Lakeview
    $650,000
    0.04 acres  Built 1931  brick  Multi-tenant
    B1-3

    Two-story property combines a leased restaurant space with a two-bedroom apartment and central air conditioning.

    View details
    Corner Restaurant Building
    Corner Restaurant Building

    3851 S Michigan Avenue, Chicago, IL 60653

    Bronzeville
    $725,000
    2,300 sqft

    Restaurant building with on-site parking and a corner position in Chicago.

    25 spaces
    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    2001 W 35th Street, Chicago, IL 60609

    McKinley Park
    $469,900
    0.09 acres  1 building  Built 1901

    Restaurant and residential components support a live/work configuration with dedicated rear parking.

    View details
    Renovated Mixed-Use Hospitality Property
    Renovated Mixed-Use Hospitality Property

    310 S Halsted St, Chicago, IL 60661

    Greektown
    $10,500,000
    27,404 sqft  0.14 acres  1 building  4-story  Built 1864
    DX-5

    Four-story property combines a renovated hostel operation with a fully equipped restaurant space and basement storage.

    View details
    Storefront Building with Basement
    Storefront Building with Basement

    5638 W Chicago Avenue, Chicago, IL 60651

    $270,000
    Built 1960  0.16 acres

    The unfinished interior includes visible construction materials that convey with the property.

    View details
    Brick Corner Restaurant Building
    Brick Corner Restaurant Building

    5134 W Irving Park Road, Chicago, IL 60641

    Portage Park
    $1,200,000
    3,640 sqft  brick

    Corner commercial building configured for bar and restaurant operations.

    View details
    Restaurant Building For Sale
    Restaurant Building For Sale

    2441 N Clark Street, Chicago, IL 60614

    North Side
    $300,000

    For-sale restaurant property located at 2441 N Clark Street in Chicago’s 60614 area.

    View details
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    Chicago, IL Conventional Restaurants Market Trends and Statistics

    Explore 100 conventional restaurants for sale in Chicago, IL, showcased through 100 active listings on our real estate platform. These investment opportunities span a total of 293,661 square feet of properties for sale, with an estimated market value of $75,521,561.

    Sale prices for conventional restaurants in Chicago, IL start at $69,000, averaging $980,799, and reaching up to $10,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 195
    Bars & Pubs 71
    Commercial kitchens 49
    Coffee shops 33
    Turn key restaurants 10

    Demographics Overview

    Population 2.91M
    Population Growth (5Y) +0.6%
    Median Household Income $76,477
    College Educated 44.3%

    High-Yield Neighborhoods for Investment

    Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60646 $100K
    60620 $145K
    60636 $188K
    60617 $190K
    60625 $191.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Chicago fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Popular Searches in Chicago, IL

    Popular Categories

    Most Searched ZIP Codes in Chicago, IL

    • 60634
    • 60657
    • 60609
    • 60614
    • 60612
    • 60620
    • 60640
    • 60641
    • 60654
    • 60659
    • 60608
    • 60617

    Featured Chicago Real Estate Agencies

    Realmo connects you with licensed Chicago CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Dream Town Realty
    1950 North Sedgwick Chicago, IL 60614
    Phone: (312) 265-8000
    www.dreamtown.com
    American International Realty Corp.
    6138 N.Lincoln Ave. Chicago, IL 60659
    Phone: (773) 509-9493
    www.airealtyco.com
    Chicago Realty Partners
    345 N. Canal Street, Suite 805 Chicago, IL 60606
    Phone: (312) 575-0100
    www.foreclosureillinois.com
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