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    Conventional Restaurant

    Chicago, IL Conventional Restaurants for Sale

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    West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL
    152 properties
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    Corner Restaurant Business For Sale
    Updated: Apr 16
    Corner Restaurant Business For Sale

    6214 N Western Avenue, Chicago, IL 60659

    $129,000
    2,500 sqft
    Prime corner location on Lincoln Avenue with high visibility and foot/vehicle traffic.
    Turnkey restaurant/bar opportunity with all equipment and fixtures included.
    Located in a thriving neighborhood near Lincoln Square and Albany Park.
    Approximately 2,500 sq. ft. of open space, including an addition.
    Strong street presence with great visibility for signage and branding.
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    Ground-Floor Restaurant
    Updated: May 20
    Ground-Floor Restaurant

    420 W Belmont Avenue, Chicago, IL 60657

    $649,000
    0.42 AC lot
    2,176 SF ground‑floor restaurant with seating for 80
    Commercial kitchen, draft beer line system, décor, and operational infrastructure included
    Located within a 42‑story high‑rise at 420 W Belmont Avenue
    Two ADA‑compliant restrooms and one dedicated garage parking space
    Recent 2020 buildout and recently renewed liquor license
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    Mixed-Use Property in Belmont Cragin
    Mixed-Use Property in Belmont Cragin

    5037 W Diversey Avenue, Chicago, IL 60639

    $529,900
    4,200 sqft 0.07 AC lot

    Two-story mixed-use property with commercial and residential space.

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    Retail Corner Site with Existing Building
    Retail Corner Site with Existing Building

    2207-2214 W Ogden Avenue, Chicago, IL 60612

    $2,495,000
    5,000 sqft 0.38 AC lot

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

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    Turnkey Banquet Hall Restaurant
    Turnkey Banquet Hall Restaurant

    5319 W Belmont Avenue, Chicago, IL 60641

    $999,000
    0.14 AC lot

    Extensively renovated banquet hall/restaurant with new HVAC, a brand-new flat roof, and central air throughout.

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    6-Unit Storefront Building
    6-Unit Storefront Building

    339 E 47Th Street, Chicago, IL 60653

    $699,950
    0.30 AC lot

    Zoned COMMR with central air in a six-unit storefront building near the train station.

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    Freestanding Restaurant with PPA License
    Freestanding Restaurant with PPA License

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot

    Freestanding, corner restaurant with a PPA, liquor, and food license plus a fully equipped kitchen and central air

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    Turnkey Corner Restaurant with PPA
    Turnkey Corner Restaurant with PPA

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft 0.16 AC lot

    Freestanding corner restaurant offers a renovated dining and bar space, fully equipped commercial kitchen, and PPA licensing.

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    Turnkey Corner Restaurant with PPA
    Turnkey Corner Restaurant with PPA

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot

    Fully renovated corner restaurant with PPA, liquor, and food licenses, a commercial kitchen, and seating for 95.

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    Mixed-Use Building with Restaurant Space
    Mixed-Use Building with Restaurant Space

    2104 S California Avenue, Chicago, IL 60608

    $300,000
    0.07 AC lot

    Main-level restaurant space and a rear 1BR apartment plus upper multi-use rooms, basement storage, and yard carport parking.

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    Turnkey Coffee Shop with FF&E
    Turnkey Coffee Shop with FF&E

    3135 N Broadway Street, Chicago, IL 60657

    $140,000
    22,619 sqft

    Operating café with floor-to-ceiling windows, professional equipment, and a contemporary interior build-out.

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    California-Style Motel with 34 Rooms
    California-Style Motel with 34 Rooms

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,200,000
    0.31 AC lot

    California-style motel with 34 rooms and central air, plus a separate front-positioned restaurant building.

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    Turnkey Restaurant Space with Patio
    Turnkey Restaurant Space with Patio

    416 W Ontario Street, Chicago, IL 60654

    $848,888
    0.11 AC lot

    Ground-floor restaurant condo features a full commercial kitchen, ADA restrooms, and outdoor patio seating for immediate operations.

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    Restaurant With Commercial Kitchen
    Restaurant With Commercial Kitchen

    163 N Sangamon Street, Chicago, IL 60607

    $450,000
    2,438 sqft

    Existing hood, prep area, refrigeration, and dishwashing infrastructure support restaurant operations.

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    Mixed-Use Property with Adjacent Street-Level Businesses
    Mixed-Use Property with Adjacent Street-Level Businesses

    4445-4447 N Broadway Street, Chicago, IL 60640

    $1,350,000
    0.12 AC lot

    Brick mixed-use property zoned COMMR, offering street-level retail and two residential units plus an adjacent restaurant tenant.

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    Turnkey Restaurant with Kitchen Equipment
    Turnkey Restaurant with Kitchen Equipment

    10606 S Torrence Avenue, Chicago, IL 60617

    $135,000
    0.07 AC lot

    Turnkey restaurant space with included kitchen equipment, formerly operating as a pizzeria at S Torrence Avenue.

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    Corridor Motel with Restaurant
    Corridor Motel with Restaurant

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,300,000
    18,000 sqft 0.31 AC lot

    1974-built 34-room motel with a separate front restaurant building and main-level parking.

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    Ground-Level Retail Space with Loft
    Ground-Level Retail Space with Loft

    3127 N ASHLAND Avenue C1, Chicago, IL 60657

    $215,000
    2,500.00 AC lot

    Ground-level retail with a modern open layout, rich wood flooring, soaring ceilings, and a built-in loft area.

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    Corner Shopping Center with Multiple Tenants
    Corner Shopping Center with Multiple Tenants

    5737 N Lincoln Avenue, Chicago, IL 60659

    $2,600,000
    12,000 sqft

    Renovated, fully occupied shopping center on a double lot with seven tenants, including restaurants and a dental office.

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    Mexican Restaurant with Bar
    Mexican Restaurant with Bar

    1347 W 47th Street, Chicago, IL 60609

    $750,000
    0.17 AC lot

    Mexican restaurant with bar buildout completed in 2024, featuring POS system, HD TVs, and central air.

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    Turnkey Restaurant Business
    Turnkey Restaurant Business

    3139 N Central Avenue, Chicago, IL 60634

    $125,000
    5,400 sqft

    Restaurant business-only sale with the space continuing under lease to the new owner and complete equipment included.

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    Freestanding Restaurant with PPA and Liquor License
    Freestanding Restaurant with PPA and Liquor License

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000

    Fully renovated restaurant with a PPA-licensed venue and liquor and food licensing, plus on-site parking and a residential unit.

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    Turnkey Single-Story Restaurant
    Turnkey Single-Story Restaurant

    5443-5445 W Diversey Ave, Chicago, IL 60639

    $545,000
    4,300 sqft 0.14 AC lot

    Turnkey 4,300-square-foot restaurant building with fully equipped kitchen, 15-seat bar, and on-site surface parking.

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    Brick Mixed-Use Building
    Brick Mixed-Use Building

    3248 N LINCOLN Avenue, Chicago, IL 60657

    $650,000
    0.04 AC lot

    Restaurant and residential components create a two-level commercial property with an existing lease and apartment occupancy.

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    Chicago, IL Conventional Restaurants Market Trends and Statistics

    Explore 152 conventional restaurants for sale in Chicago, IL, showcased through 152 active listings on our real estate platform. These investment opportunities span a total of 460,302 square feet of properties for sale, with an estimated market value of $77,820,634.

    Sale prices for conventional restaurants in Chicago, IL start at $74,999, averaging $949,032, and reaching up to $9,750,000 — 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 291
    Bars & Pubs 90
    Coffee shops 51
    Commercial kitchens 39
    Turn key restaurants 16

    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
    60628 $75K
    60625 $99.9K
    60646 $115.7K
    60617 $135K
    60620 $195K

    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.

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    Most Searched ZIP Codes in Chicago, IL

    • 60634
    • 60657
    • 60639
    • 60608
    • 60622
    • 60642
    • 60607
    • 60612
    • 60618
    • 60659
    • 60619
    • 60620

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