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    Illinois Other Retail Properties for Sale

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    Turnkey Restaurant Venue with PPA License
    Updated: Apr 14
    Turnkey Restaurant Venue with PPA License

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft · 0.14 AC lot
    Rare opportunity: Fully renovated, turnkey PPA‑licensed venue, including real estate, business, and assets.
    Licenses in place: Includes Public Place of Amusement (PPA), Liquor, and Food licenses for diverse revenue streams.
    Uncommitted VGT‑ready game room allows for favorable terminal operator agreement.
    Fully gut‑rehabbed in late 2024: Features a new dining & bar space (95 seats) and a brand‑new, fully equipped commercial kitchen.
    Dedicated +15‑car parking lot and a 930 SF 3‑bedroom residential unit for additional income.
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    This listing looks promising.

    Here's a quick look at some key insights for

    7455 W Irving Park Road, Chicago, IL 60634

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $72K
      Annual

    • Price @ 7% Cap

      $1.02M
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1924
    View Property Analytics
    Turnkey Restaurant Venue with Licenses
    Updated: Apr 14
    Turnkey Restaurant Venue with Licenses

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft · 0.16 AC lot
    Rare opportunity: Fully renovated, turnkey PPA‑licensed venue with uncommitted VGT potential, including Real Estate, Business, and Assets.
    Diversify revenue with Public Place of Amusement (PPA), Liquor, and Food licenses, allowing for cover charges, ticketed events, and live music.
    VGT‑ready game room provides full leverage to negotiate terminal operator agreement and incentives.
    Gut‑rehabbed in late 2024: Features new dining & bar space (seats 95) and a brand‑new, fully equipped commercial kitchen.
    Includes a dedicated +15‑car parking lot and a 930 SF 3‑bedroom residential unit for additional income.
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    Cobden, IL Commercial Property
    Cobden, IL Commercial Property

    8595 US Highway 51, Cobden, IL 62920

    $849,000
    6,000 sqft · 26.10 AC lot

    Southern Illinois property with restaurant and retail potential.

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    Chicago Motel with Restaurant Building
    Chicago Motel with Restaurant Building

    7621 S Cottage Grove Avenue, Chicago, IL 60619

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

    34-room motel with separate restaurant in Chatham neighborhood.

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    Aurora Commercial Property For Sale
    Aurora Commercial Property For Sale

    610 - 628 N Broadway, Aurora, IL 60505

    $2,400,000
    17,000 sqft · 1.91 AC lot

    Three-parcel property with income potential in Aurora, Illinois.

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    Corner Banquet Hall Opportunity
    Corner Banquet Hall Opportunity

    2759 N Oak Park Avenue, Chicago, IL 60707

    $749,000
    10,000 sqft · 0.25 AC lot

    Prime Chicago location ideal for redevelopment or adaptive reuse.

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    Versatile Industrial Building in Chicago Ridge
    Versatile Industrial Building in Chicago Ridge

    10333 Oxford Avenue, Chicago Ridge, IL 60415

    $389,900
    2,500 sqft · 0.19 AC lot

    Immaculate, rehabbed industrial building suitable for warehouse, office, or retail.

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    Springfield Industrial Park Warehouse Building
    Springfield Industrial Park Warehouse Building

    4753 Jeffory Street, Springfield, IL 62703

    $675,000
    1,500 sqft · 2.36 AC lot

    Warehouse building with commercial kitchen space for sale.

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    Mixed-Use Property in Downtown Carlyle
    Mixed-Use Property in Downtown Carlyle

    1031 Fairfax Street, Carlyle, IL 62231

    $210,000
    3,228 sqft · 0.15 AC lot

    Two-story mixed-use property with bar/grill and updated apartment.

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    Corner Lot on Highway 20
    Corner Lot on Highway 20

    1328 US Highway 20 W, Elizabeth, IL 61028

    $124,777
    2,156 sqft · 0.49 AC lot

    High-visibility corner lot with existing shed and highway frontage.

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    Downtown Champaign Mixed-Use Building
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft · 0.08 AC lot

    Prime mixed-use property in downtown Champaign with rental income.

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    All-Brick Turn-Key Restaurant Building
    All-Brick Turn-Key Restaurant Building

    St Charles, IL 60175

    $1,500,000
    0.41 AC lot

    Turn-key full-service restaurant with commercial kitchen, multiple dining areas, and patio space, with FF&E included.

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    Grand Avenue Assemblage Opportunity
    Grand Avenue Assemblage Opportunity

    8056 Grand Avenue, River Grove, IL 60171

    $799,000
    18,500 sqft · 0.14 AC lot

    Prime commercial portfolio in River Grove with redevelopment potential.

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    Turn-Key Restaurant with Drive-Through
    Turn-Key Restaurant with Drive-Through

    222 E Main Street, Grafton, IL 62037

    $429,000
    1,600 sqft

    Updated restaurant property with Main Street frontage and included equipment, plus a furnished upstairs Airbnb unit.

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    Niles Commercial Property For Sale
    Niles Commercial Property For Sale

    7665 N Milwaukee Avenue, Niles, IL 60714

    $1,114,000
    0.24 AC lot

    Commercial property available for purchase in Niles, Illinois.

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    Prime Commercial Lot on Cicero
    Prime Commercial Lot on Cicero

    14101 S Cicero Avenue, Crestwood, IL 60418

    $749,900
    1.00 AC lot

    One-acre corner lot in Crestwood's business district.

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    Profitable Bar with Beer Garden
    Profitable Bar with Beer Garden

    22817 Miller Lake Road, Jerseyville, IL 62052

    $250,000
    2,082 sqft · 1.00 AC lot

    Established bar business with fixtures, inventory, and beer garden.

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    Grand Avenue Assemblage Opportunity
    Grand Avenue Assemblage Opportunity

    8050 Grand Avenue, River Grove, IL 60171

    $799,000
    0.14 AC lot

    Prime commercial portfolio in River Grove with redevelopment potential.

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    Elston Avenue Retail/Showroom Opportunity
    Elston Avenue Retail/Showroom Opportunity

    3541-3545 Elston Ave, Chicago, IL 60618

    $1,300,000
    5,000 sqft · 0.28 AC lot

    3541 N. Elston

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    Commercial Property with Residential Home
    Commercial Property with Residential Home

    3612 W Bloomington Road, Champaign, IL 61822

    $1,250,000
    7,800 sqft · 9.88 AC lot

    10-acre commercial property with income, residential home, expansion potential.

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    Grayslake Commercial Property for Sale
    Grayslake Commercial Property for Sale

    102-106 Center Street, Grayslake, IL 60030

    $599,900
    0.14 AC lot

    Commercial property in Grayslake, IL, zoned COMMR, for sale.

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    Turnkey Restaurant with Full Bar
    Turnkey Restaurant with Full Bar

    1440 E Grand Avenue, Lindenhurst, IL 60046

    $899,990
    0.89 AC lot

    Turnkey Mexican seafood restaurant on a remodeled former Burger King site with a full bar, gaming area, and ample parking.

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    Rantoul, IL Commercial Development Land
    Rantoul, IL Commercial Development Land

    950 Broadmeadow Road, Rantoul, IL 61866

    $485,000
    2.36 AC lot

    Prime commercial land near I-57, ideal for various developments.

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    Restaurant and Bar Business Opportunity
    Restaurant and Bar Business Opportunity

    1347 W 47th Street, Chicago, IL 60609

    $750,000
    0.17 AC lot

    Turnkey restaurant and bar with liquor license for sale.

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    Illinois Other Retail Properties Market Trends and Statistics

    Explore 390 other retail properties for sale in Illinois, showcased through 390 active listings on our real estate platform. These investment opportunities span a total of 2,343,484 square feet of properties for sale, with an estimated market value of $315,310,106.

    Sale prices for other retail properties in Illinois start at $75,000, averaging $1,781,413, and reaching up to $20,350,000 — 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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