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Alsip, IL

Restaurants

Alsip, IL 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

291 properties

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Turnkey Corner Restaurant with PPA

Updated: Apr 14

Turnkey Corner Restaurant with PPA

7455 W Irving Park Road, Chicago, IL 60634

$949,000

4,055 sqft 0.16 AC lot

4,055 SF freestanding corner restaurant on a 0.16‑acre lot with PPA (Public Place of Amusement) plus liquor and food license
Late 2024 full gut‑rehab: new dining & bar space seats 95 and includes a brand‑new fully equipped commercial kitchen
Commercial kitchen includes pizza ovens, extended range, stove, prep areas, and a walk‑in cooler
VGT‑ready game room is currently uncommitted to any gaming operator for a new terminal operator agreement
Includes dedicated +15‑car parking lot plus ample street parking; 3,125 SF main level

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

Flex Space with Industrial Layout

Updated: Aug 7

Flex Space with Industrial Layout

2405 W Ardmore Avenue, Chicago, IL 60659

$619,000

0.12 AC lot

Functional layout previously used for food processing
Supports food production, commissary kitchen, catering, bakery, packaging, distribution, warehouse, cold storage, and light manufacturing uses
0.124 acres in Chicago’s West Ridge/Budlong Woods area
Zoned COMMR
Immediate access to I‑90/94 and Lake Sore Dr.

Ground-Floor Restaurant

Ground-Floor Restaurant

420 W Belmont Avenue, Chicago, IL 60657

$649,000

0.42 AC lot

Existing kitchen, dining, and hospitality infrastructure support continued restaurant operations in a high-rise setting.

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.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Full Commissary Kitchen Facility

Full Commissary Kitchen Facility

3515 W Grand Avenue, Chicago, IL 60651

$1,600,000

4,800 sqft 0.51 AC lot

Includes a full commissary kitchen and additional high-ceiling open space that can be leased and potentially divided.

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.

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

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.

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.

Mixed-Use Property with Apartment

Mixed-Use Property with Apartment

2104 S California Avenue, Chicago, IL 60608

$290,000

0.07 AC lot

Brick commercial building with flexible rooms, basement storage, separate utilities, and two-car carport space.

Restaurant and Bar Property

Restaurant and Bar Property

6835 W Addison Street, Chicago, IL 60634

$974,900

0.16 AC lot

Commercial restaurant and bar property for sale in Chicago, Illinois.

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.

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.

Corner Development Site with Restaurant

Corner Development Site with Restaurant

7455 W Irving Park Road, Chicago, IL 60634

$949,000

6,250 sqft 0.16 AC lot

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

Turnkey Restaurant Space

Turnkey Restaurant Space

416 W Ontario Street, Chicago, IL 60654

$848,888

0.11 AC lot

Ground-floor restaurant property with commercial kitchen infrastructure, dining furnishings, outdoor seating, and B3 zoning.

Corner Mixed-Use Building with Restaurant/Bar

Corner Mixed-Use Building with Restaurant/Bar

2506 N Clybourn Avenue, Chicago, IL 60614

$1,475,000

0.23 AC lot

Vacant brick corner mixed-use building with a main-level restaurant and bar plus residential units upstairs.

Wolcott Avenue Commercial Building For Sale

Wolcott Avenue Commercial Building For Sale

412 North Wolcott Avenue, Chicago, IL 60622

$3,750,000

6,800 sqft 0.42 AC lot

6,800 SF commercial building with kitchen and garden beds.

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.

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.

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.

Corner Shopping Center with Multiple Tenants

Corner Shopping Center with Multiple Tenants

5737 N Lincoln Avenue, Chicago, IL 60659

$1,900,000

12,000 sqft

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

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.

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.

Four-Bay Auto Repair Shop

Four-Bay Auto Repair Shop

11849 S Pulaski Road, Alsip, IL 60803

$859,000

0.24 AC lot

Corner commercial property in Alsip’s Central Business District with office and restroom areas.

Alsip, IL Restaurants Market Trends and Statistics

Explore 291 restaurants for sale in Alsip, IL, showcased through 291 active listings on our real estate platform. These investment opportunities span a total of 946,935 square feet of properties for sale, with an estimated market value of $126,364,133.

Sale prices for restaurant properties in Alsip, IL start at $69,000, averaging $972,031, and reaching up to $4,400,000 — 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

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 average listing prices of real estate assets

Neighborhood	Average Price
60803	$2M

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 Alsip fall within the 10,000 to 25,000 square foot range.

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