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    Chicago, 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
    220 properties
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    Bakery Storefront with Included Equipment
    Updated: Jul 29
    Bakery Storefront with Included Equipment

    4242 S Archer Ave, Chicago, IL 60632

    $325,000
    2,187 sqft
    2,187 SF storefront property with an operating bakery tenant
    Attached bakery equipment included, subject to some exclusions
    Month‑to‑month tenancy currently in place
    New flooring, newer roof, and some new plumbing
    Newer furnace and air‑conditioning equipment
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    This listing looks promising.

    Here's a quick look at some key insights for

    4242 S Archer Ave, Chicago, IL 60632

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $29K
      Annual

    • Price @ 7% Cap

      $418K
      Above asking

    • Last Sold

      Nov 2021
      $150K

    • Property Type

      Retail Stores
      Built 1930
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    Bakery Storefront With Equipment
    Updated: Jul 23
    Bakery Storefront With Equipment

    2702 W Cermak Road, Chicago, IL 60608

    $749,900
    0.07 AC lot
    Established family‑owned bakery business with equipment included in the sale
    Large customer display area with register and checkout station
    Rear preparation and bakery area supports on‑site production
    Full finished basement with storage and employee restroom
    2‑4 car parking spaces available at the rear
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    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.

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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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    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.

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    Brick Mixed-Use Building with Restaurant
    Brick Mixed-Use Building with Restaurant

    3248 N LINCOLN Avenue, Chicago, IL 60657

    $650,000
    0.04 AC lot

    Two-story property combines a leased restaurant space with a two-bedroom apartment and central air conditioning.

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    Renovated Freestanding Restaurant
    Renovated Freestanding Restaurant

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot

    Corner restaurant property with licensed event-use potential, a fully equipped kitchen, and an attached residential unit.

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    Renovated Freestanding Restaurant
    Renovated Freestanding Restaurant

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot

    Corner restaurant property with licensed event capabilities, a commercial kitchen, parking, and an additional residential unit.

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    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.

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    Mixed-Use Property with Commercial Kitchen
    Mixed-Use Property with Commercial Kitchen

    7455 W Irving Park Road, Chicago, IL 60634

    $949,000
    0.14 AC lot

    Freestanding corner property combines a renovated restaurant, licensed event venue, and three-bedroom residential unit.

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    Equipped Commercial Kitchen
    Equipped Commercial Kitchen

    6054 S Prairie Avenue, Chicago, IL 60637

    $250,000
    0.02 AC lot

    Food-preparation facility with service access, commercial equipment, security windows, and recent mechanical and interior updates.

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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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    Restaurant and Bar Property
    Restaurant and Bar Property

    6835 W Addison Street, Chicago, IL 60634

    $949,900
    0.16 AC lot

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

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    Mixed-Use Property with Apartment
    Mixed-Use Property with Apartment

    2104 S California Avenue, Chicago, IL 60608

    $290,000
    0.07 AC lot

    Brick building combines a commercial area, rear one-bedroom apartment, upper rooms, and basement storage.

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    Live-Work Food Production Facility
    Live-Work Food Production Facility

    2054 W Grand Avenue, Chicago, IL 60612

    $3,249,000
    9,363 sqft

    2013 FDA-approved food production live/work building with street-level storefront restaurant, prep kitchens, and a 24' ceiling processing area.

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    34-Room Exterior-Corridor Motel
    34-Room Exterior-Corridor Motel

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    $2,200,000
    0.31 AC lot

    Three-story lodging property includes a separate restaurant building and main-level parking.

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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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    Restaurant Business with Bar
    Restaurant Business with Bar

    1347 W 47th St, Chicago, IL 60609

    $750,000
    2,400 sqft

    Mexican restaurant business with a bar, liquor license, commercial kitchen, and furnishings included in the sale.

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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 property with commercial kitchen equipment, ADA-compliant restrooms, and B3 zoning in River North.

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    Mixed-Use Property with Residential Units
    Mixed-Use Property with Residential Units

    4445-4447 N Broadway St, Chicago, IL 60640

    $1,350,000
    5,146 sqft 0.12 AC lot

    Two adjacent buildings combine street-level retail, residential apartments, and an occupied restaurant space.

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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 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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    Mixed-Use Building with Coach House
    Mixed-Use Building with Coach House

    3243 N Western Avenue, Chicago, IL 60618

    $750,000
    0.06 AC lot

    Three-unit property combines commercial space with two residential dwellings.

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    Brick Mixed-Use Property with Restaurant
    Brick Mixed-Use Property with Restaurant

    2506 N Clybourn Avenue, Chicago, IL 60614

    $1,475,000
    0.23 AC lot

    Vacant corner building combines a restaurant and bar with three residential units, private outdoor space, and detached garage parking.

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    Chicago, IL Restaurants Market Trends and Statistics

    Explore 220 restaurants for sale in Chicago, IL, showcased through 220 active listings on our real estate platform. These investment opportunities span a total of 781,046 square feet of properties for sale, with an estimated market value of $93,809,687.

    Sale prices for restaurant properties in Chicago, IL start at $69,000, averaging $1,054,041, 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

    Conventional restaurants 261
    Bars & Pubs 91
    Commercial kitchens 52
    Coffee shops 43
    Drive through restaurants 15

    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
    Chicago - 60601 $1.1M
    Harwood Heights - 60706 $4.2M

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

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    Most Searched ZIP Codes in Chicago, IL

    • 60614
    • 60618
    • 60657
    • 60622
    • 60634
    • 60642
    • 60639
    • 60608
    • 60609
    • 60640
    • 60638
    • 60641

    Featured Chicago Real Estate Agencies

    Realmo connects you with licensed Chicago CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Chicago Real Estate Resources
    932 W. Grace Street Chicago, IL 60613
    Phone: 17733279300
    www.crer.com
    Dream Town Realty
    1950 North Sedgwick Chicago, IL 60614
    Phone: 13122658000
    www.dreamtown.com
    Chicago Realty Partners
    345 N. Canal Street, Suite 805 Chicago, IL 60606
    Phone: 13125750100
    www.foreclosureillinois.com

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