Alsip, IL
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    Alsip, IL Restaurants for Sale

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    Cicero, IL Oak Park, IL Stickney, IL
    202 results
    Turnkey Restaurant Venue with PPA License
    $949,000
    4,055 SF
    Turnkey Restaurant Venue with PPA License

    7455 W Irving Park Road, Chicago, IL 60634

    Fully renovated restaurant with licenses and uncommitted VGT potential.
    • 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.
    Updated: Apr 14
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    Turnkey Restaurant Venue with PPA License
    $949,000
    4,055 SF
    Turnkey Restaurant Venue with PPA License

    7455 W Irving Park Road, Chicago, IL 60634

    Fully renovated restaurant with licenses and VGT potential in Chicago.
    • 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.
    Updated: Apr 14
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    Turnkey Restaurant Venue with Licenses
    $949,000
    4,055 SF
    Turnkey Restaurant Venue with Licenses

    Fully renovated restaurant with licenses and residential unit for sale.

    7455 W Irving Park Road, Chicago, IL 60634

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    Turnkey Restaurant Opportunity in Chicago
    $649,000
    2,176 SF
    Turnkey Restaurant Opportunity in Chicago

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

    420 W Belmont Avenue, Chicago, IL 60657

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    Alsip Commercial Opportunity on Pulaski
    $859,000
    0.24 Acres
    Alsip Commercial Opportunity on Pulaski

    Turn-key auto repair shop with redevelopment potential in Alsip, IL.

    11849 S Pulaski Road, Alsip, IL 60803

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    Auburn Gresham Retail Building
    $408,000
    4,778 SF
    Auburn Gresham Retail Building

    Four-unit retail building in Chicago's transforming 79th Street Corridor.

    741 W 79th Street, Chicago, IL 60620

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    Turnkey Restaurant Space in River North
    $664,888
    0.11 Acres
    Turnkey Restaurant Space in River North

    Fully equipped restaurant space in a prime River North location.

    416 W Ontario Street, Chicago, IL 60654

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    Chicago Restaurant Investment Opportunity
    $90,000
    0.22 Acres
    Chicago Restaurant Investment Opportunity

    Profitable restaurant for sale in a high-traffic Chicago location.

    4755 S Ashland Avenue, Chicago, IL 60609

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    Chicago Commercial Building For Sale
    $2,000,000
    11,000 SF
    Chicago Commercial Building For Sale

    Fully leased commercial building in high-traffic Chicago location.

    200 E 35th Street, Chicago, IL 60616

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    Corner Development Site in Chicago
    $949,000
    4,055 SF
    Corner Development Site in Chicago

    High-visibility corner lot with development potential in Belmont Heights/Dunning.

    7455 W Irving Park Road, Chicago, IL 60634

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    Established Tamaleria Business on Pulaski
    $770,000
    0.13 Acres
    Established Tamaleria Business on Pulaski

    Turnkey restaurant opportunity in high-traffic Chicago location.

    5926-28 S PULASKI Road, Chicago, IL 60629

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    Chicago Motel with Restaurant Building
    $2,300,000
    18,000 SF
    Chicago Motel with Restaurant Building

    34-room motel with separate restaurant in Chatham neighborhood.

    7621 S Cottage Grove Avenue, Chicago, IL 60619

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    Turnkey Restaurant Venue with PPA
    $949,000
    4,055 SF
    Turnkey Restaurant Venue with PPA

    Fully renovated restaurant with licenses and uncommitted VGT potential.

    7455 W Irving Park Road, Chicago, IL 60634

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    Mixed-Use Building in Garfield Ridge
    $750,000
    4,230 SF
    Mixed-Use Building in Garfield Ridge

    Multi-use building with bar, banquet hall, and apartments.

    5788 S Archer Avenue, Chicago, IL 60638

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    Corner Restaurant Business For Sale
    $129,000
    2,500 SF
    Corner Restaurant Business For Sale

    Prime corner restaurant/bar on Lincoln Avenue corridor in Chicago.

    6214 N Western Avenue, Chicago, IL 60659

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    Mixed-Use Property in Belmont Cragin
    $529,900
    4,200 SF
    Mixed-Use Property in Belmont Cragin

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

    5037 W Diversey Avenue, Chicago, IL 60639

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    Bucktown-Wicker Park Commercial Opportunity
    $780,000
    0.05 Acres
    Bucktown-Wicker Park Commercial Opportunity

    Prime location near The 606 Trail, ideal for various businesses.

    1893 N Milwaukee Avenue, Chicago, IL 60647

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    Mixed-Use Investment Opportunity, Chicago
    $3,275,000
    1,560 SF
    Mixed-Use Investment Opportunity, Chicago

    Portfolio investment in prime Chicago location with mixed-use asset.

    163 W Division Street, Chicago, IL 60610

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    Grand Boulevard Investment Property
    $750,000
    0.30 Acres
    Grand Boulevard Investment Property

    Six-unit commercial building with five tenants near train station.

    339 E 47Th Street, Chicago, IL 60653

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    Renovated Retail and Restaurant Space
    $115,000
    Renovated Retail and Restaurant Space

    Move-in ready storefront with fresh finishes and new flooring, positioned for strong commercial visibility and flexible use.

    5017 S Ashland Avenue, Chicago, IL 60609

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    Active Bakery Storefront on Archer
    $325,000
    0.05 Acres
    Active Bakery Storefront on Archer

    Bakery storefront property on Archer Avenue with high traffic.

    4242 S Archer Avenue, Chicago, IL 60632

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    Restaurant and Bar Business Opportunity
    $750,000
    0.17 Acres
    Restaurant and Bar Business Opportunity

    Turnkey restaurant and bar with liquor license for sale.

    1347 W 47th Street, Chicago, IL 60609

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    Mixed-Use Building Near Midway Airport
    $849,000
    0.59 Acres
    Mixed-Use Building Near Midway Airport

    Corner building with apartment and vacant lot near Midway Airport.

    5758 W 65th Street, Chicago, IL 60638

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    Turn-Key Restaurant with Drive-Through
    $270,000
    3,000 SF
    Turn-Key Restaurant with Drive-Through

    Custom fast food/take-out space with built-in equipment and rear storage, positioned for strong visibility on a busy corridor.

    3001 W 63RD Street, Chicago, IL 60629

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    Alsip, IL Restaurants Investment Opportunities Market Analysis

    Explore 202 restaurants for sale in Alsip, IL, showcased through 202 active listings on our real estate platform. These investment opportunities span a total of 580,117 square feet of properties for sale, with an estimated market value of $159,727,195.

    Sale prices for restaurant properties in Alsip, IL start at $79,000, averaging $1,506,860, and reaching up to $10,550,000 — 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

    Drive through restaurants 1

    Property Size Breakdown

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

    Demographics Overview

    Population 22K
    Population Growth (5Y) -1.3%
    Median Household Income $66,555
    College Educated 28.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60803 $1.4M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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