Advertise
    Illinois
    Restaurants

    Illinois Restaurants for Sale

    Notify Me
    List
    Map
    Chicago, IL Springfield, IL Rockford, IL
    725 properties
    Sort:
    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 to acquire a fully renovated, turnkey PPA‑licensed venue with uncommitted VGT potential, including Real Estate, Business, and Assets.
    Includes a Public Place of Amusement (PPA), Liquor, and Food license, enabling diverse revenue streams beyond traditional food and beverage.
    VGT‑ready game room is uncommitted, allowing the new owner to negotiate their own terminal operator agreement and incentives.
    Fully gut‑rehabbed in late 2024 with a new dining & bar space (seats 95) and a brand‑new, fully equipped commercial kitchen.
    Features a dedicated +15‑car parking lot with ample street parking and a 930 SF 3‑bedroom residential unit for additional income.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    7455 W Irving Park Road, Chicago, IL 60634

    View Property Analytics

    • 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
    Versatile Commercial Space on Corner
    Updated: Apr 10
    Versatile Commercial Space on Corner

    6363 W Lincoln Highway, Matteson, IL 60443

    $515,000
    6,000 sqft · 0.44 AC lot
    Almost 6,000 sq ft of customizable commercial space.
    High visibility corner lot at Route 30 (Lincoln Highway) and Ridgeland Avenue.
    Expansive 3,000+ sq ft open main area suitable for diverse commercial uses.
    New 400‑amp electrical service.
    Excellent regional accessibility: 1 mile from I‑57 and 4 miles from I‑80.
    View details
    Skokie Retail Plaza Opportunity
    Skokie Retail Plaza Opportunity

    3718-3724 Dempster Street, Skokie, IL 60076

    $799,000
    7,500 sqft · 0.27 AC lot

    Six-unit retail plaza with upside potential in Skokie, Illinois.

    View details
    Restaurant and Warehouse Property
    Restaurant and Warehouse Property

    1856 E Broadway, Alton, IL 62002

    $550,000
    7,126 sqft · 1.00 AC lot

    Multi-use building with an operating restaurant storefront, warehouse space, and a shared storage area.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Versatile Commercial Property in Apple River
    Versatile Commercial Property in Apple River

    300 W Hickory Street, Apple River, IL 61001

    $695,000
    10,381 sqft · 0.80 AC lot

    Over 10,000 sq ft commercial property with multiple opportunities.

    View details
    Restaurant-Ready Commercial Site
    Restaurant-Ready Commercial Site

    1100 S State Route 157, Edwardsville, IL 62025

    $1,350,000
    4,224 sqft · 1.03 AC lot

    A 1.03-acre restaurant site with 4,224 SF building, parking, and frontage along a five-lane highway corridor.

    View details
    Turnkey Restaurant Venue with PPA License
    Turnkey Restaurant Venue with PPA License

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft · 0.14 AC lot

    Fully renovated restaurant with licenses and uncommitted VGT potential.

    View details
    Turnkey Restaurant Venue with Licenses
    Turnkey Restaurant Venue with Licenses

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    4,055 sqft · 0.16 AC lot

    Fully renovated restaurant with licenses and residential unit for sale.

    View details
    Turnkey Restaurant Opportunity in Chicago
    Turnkey Restaurant Opportunity in Chicago

    420 W Belmont Avenue, Chicago, IL 60657

    $649,000
    2,176 sqft · 0.42 AC lot

    Below-market lease in East Lakeview, fully equipped restaurant with assets.

    View details
    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.

    View details
    Iconic Restaurant & Real Estate Opportunity
    Iconic Restaurant & Real Estate Opportunity

    260 S Milwaukee Avenue, Wheeling, IL 60090

    $799,900
    3,255 sqft · 0.73 AC lot

    Profitable restaurant and prime real estate on Restaurant Row.

    View details
    Fully Leased Mixed-Use Retail and Apartment
    Fully Leased Mixed-Use Retail and Apartment

    211-215 W Railroad Avenue, Bartlett, IL 60103

    $885,000
    0.53 AC lot

    Historic mixed-use property with retail, a freestanding restaurant, and an apartment above, fully leased for immediate occupancy.

    View details
    Remodeled Commercial Building with Parking
    Remodeled Commercial Building with Parking

    124 E Oak Knoll Drive, Hampshire, IL 60140

    $320,000
    1,289 sqft · 0.48 AC lot

    Remodeled commercial building on a 0.48-acre lot with Route 72 frontage, ready for office or customer-facing uses.

    View details
    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.

    View details
    Freestanding Commercial Building on Century Blvd
    Freestanding Commercial Building on Century Blvd

    333 S Century Boulevard, Rantoul, IL 61866

    $169,900
    1,775 sqft · 0.25 AC lot

    Commercial building with drive-thru on busy Century Blvd in Rantoul.

    View details
    Mixed-Use Restaurant and Office Building
    Mixed-Use Restaurant and Office Building

    140 N MAIN Street, Edwardsville, IL 62025

    $1,025,000
    0.10 AC lot

    Downtown commercial building with a bar, updated patio, and office space plus additional 3rd-floor lounge area.

    View details
    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.

    View details
    Historic Restaurant Building
    Historic Restaurant Building

    114 W MARKET Street, Taylorville, IL 62568

    $674,000

    Well-maintained historic restaurant building with soaring tin ceilings and upper-level bar seating in downtown Taylorville.

    View details
    Turnkey Bar and Grill with Patio
    Turnkey Bar and Grill with Patio

    707 Freeport Road, Sterling, IL 61081

    $799,000
    2.52 AC lot

    Fully equipped bar and grill with commercial kitchen, gaming room, and spacious outdoor patio for immediate operations.

    View details
    Drive-Through Restaurant Building
    Drive-Through Restaurant Building

    1400 W Main St, Fairfield, IL 62837

    $300,000
    1,500 sqft · 0.33 AC lot

    Newly remodeled restaurant building with drive-thru and included equipment for a fast operational start.

    View details
    Turnkey Restaurant Opportunity on Fox River
    Turnkey Restaurant Opportunity on Fox River

    St Charles, IL 60174

    $2,850,000
    0.78 AC lot

    Fully equipped restaurant for sale in prime location.

    View details
    Turnkey Freestanding Restaurant with Drive-Thru
    Turnkey Freestanding Restaurant with Drive-Thru

    720 E Rand Road, Mount Prospect, IL 60056

    $1,499,000
    0.54 AC lot

    Freestanding restaurant with existing drive-thru and fully equipped kitchen, positioned for visibility on a major Rand Road corridor.

    View details
    Expansive Commercial Building on Large Lot
    Expansive Commercial Building on Large Lot

    3001 W LAFAYETTE Avenue, Jacksonville, IL 62650

    $375,000
    8,000 sqft · 1.94 AC lot

    8,000 sq ft building on 1.94 acres for sale.

    View details
    Turnkey Banquet Hall Restaurant
    Turnkey Banquet Hall Restaurant

    5319 W Belmont Avenue, Chicago, IL 60641

    $999,000
    0.14 AC lot

    Renovated banquet hall/restaurant with updated systems, commercial kitchen, and on-site parking for private events.

    View details

    Illinois Restaurants Market Trends and Statistics

    Explore 725 restaurants for sale in Illinois, showcased through 725 active listings on our real estate platform. These investment opportunities span a total of 3,726,395 square feet of properties for sale, with an estimated market value of $549,252,304.

    Sale prices for restaurant properties in Illinois start at $40,000, averaging $1,245,470, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Restaurants by market

    Properties by type

    Popular cities

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!