Chicago, IL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Chicago, IL Restaurants for Sale

    Notify Me
    List
    Map
    Cicero, IL Oak Park, IL David City, NE
    201 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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    Mixed-Use Property in Belmont Cragin
    $889,900
    4,200 SF

    Mixed-Use Property in Belmont Cragin

    Two-story mixed-use property in Chicago's vibrant Belmont Cragin community.

    5037-39 W Diversey Avenue, Chicago, IL 60639
    View details
    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
    View details
    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
    View details
    Chicago Commercial Building For Sale
    $1,500,000
    11,000 SF

    Chicago Commercial Building For Sale

    Fully leased commercial building in high-traffic Chicago location.

    200 E 35th Street, Chicago, IL 60616
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    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
    View details
    Fulton Market Redevelopment Opportunity
    $7,500,000
    30,000 SF

    Fulton Market Redevelopment Opportunity

    Rare Fulton Market redevelopment site with existing structure and parking.

    165 N May Street, Chicago, IL 60607
    View details
    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
    View details
    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
    View details

    Chicago, IL Restaurants Investment Opportunities Market Analysis

    Explore 201 restaurants for sale in Chicago, IL, showcased through 201 active listings on our real estate platform. These investment opportunities span a total of 609,499 square feet of properties for sale, with an estimated market value of $170,071,095.

    Sale prices for restaurant properties in Chicago, IL start at $75,000, averaging $1,574,732, and reaching up to $11,000,000 — 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

    Top Commercial Asset Segments

    Conventional restaurants 98
    Bars & Pubs 65
    Coffee shops 48
    Turn key restaurants 30
    Drive through restaurants 18

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Elmwood Park $889K
    Chicago $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings