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Elgin, IL Restaurants for Sale

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New Restaurant with Drive-Thru
$3,425,000

New Restaurant with Drive-Thru

1001 North Randall Rd, Elgin, IL

New construction restaurant with drive-thru in affluent area.

  • Rare 15 Year NNN Ground Lease
  • Brand New 2025 Construction
  • High Traffic Counts in the area
  • Densely Populated & Affluent Area: $119k+ Avg. HHI
  • Near I‑90
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Established Restaurant and Bar Opportunity
Contact for pricing
10,076 SF

Established Restaurant and Bar Opportunity

990 S Randall Rd, Elgin, IL

Turnkey restaurant and bar with seating for over 300.

  • 286 seating capacity plus 27 at bar with 50 on patio.
  • 2,899 SF basement offers prep kitchen, storage, and offices.
  • Video slots are allowed, NTI/VGT = $67,702 (currently not in place).
  • Successful employee retention and training program.
  • Over 21% of employees have 5+ years of service.
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Second Generation Restaurant For Sale
Contact for pricing
9,842 SF

Second Generation Restaurant For Sale

9,842 SF restaurant property with two attached buildings.

109 S Cook St, Barrington, IL
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Barrington Executive Center For Sale
$695,000
12,309 SF

Barrington Executive Center For Sale

Three-unit building in downtown Barrington with long-term tenants.

102-104 N Cook St, Barrington, IL
View details
Turn-Key Restaurant in Hanover Park
$99,900
0.02 Acres

Turn-Key Restaurant in Hanover Park

Fully equipped seafood restaurant with liquor license on Barrington Road.

6602 N Barrington Rd, Hanover Park, IL 60133
View details
Freestanding NNN Restaurant Investment Opportunity
Contact for pricing
4,860 SF

Freestanding NNN Restaurant Investment Opportunity

NNN leased freestanding Neehee’s Restaurant in Hanover Park, Illinois.

1850 Army Trail Rd, Hanover Park, IL 60103
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Elgin Land Near I-90
$295,000
0.50 Acres

Elgin Land Near I-90

Approximately 0.5 acre corner lot with access to I-90.

1409 Dundee Ave, Elgin, IL 60120
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Randall Road Development Opportunity
$9,250,000
40.40 Acres

Randall Road Development Opportunity

40.4 acres on Randall Road, ideal for mixed-use development.

40 Acres Randall Rd, Elgin, IL 60123
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Elgin, IL Restaurants Investment Opportunities Market Analysis

Explore 2 restaurants for sale in Elgin, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,425,000.

Prices for restaurant properties in Elgin, IL start at $0.00, averaging $1,712,500, and reaching up to $3,425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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