Restaurants

Elgin, IL Restaurants for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL
10 properties
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Restaurant-Included Retail Strip Center
Updated: Jun 24
Restaurant-Included Retail Strip Center

100 W Main Street, Barrington, IL 60010

$3,199,900
0.26 AC lot
Central air conditioning
Year built: 1960
Multiple active tenants include School of Rock (units 100, 102, 108), Kate's little leaf (unit 106), Sagano Japanese restaurant (unit 110), and French 75 (unit 104)
Restaurant is included in the sale
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Historic Ice House Mall Opportunity
Updated: May 21, 2025
Historic Ice House Mall Opportunity

200 Applebee Street, Barrington, IL 60010

$2,995,000
1.73 AC lot
Landmark mixed‑use property in the heart of Barrington with retail, office, restaurant, and brewery pub spaces.
Architecturally significant building with approximately 60,000 square feet on a site just under 2 acres with ample parking.
Home to long‑established Chessie's Restaurant in the original Barrington train station (relocated in 1977).
Asking price is below replacement cost, offering an exceptional investment opportunity.
Includes two vintage 1920s railroad cars and a caboose incorporated into the structure.
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Shadow-Anchored Retail Strip Center
Shadow-Anchored Retail Strip Center

2-16 Tyler Creek Plaza, Elgin, IL 60123

$3,324,000
10,825 sqft

Five-tenant strip center anchored by a remodeled grocery provides a built-in retail mix for durable day-to-day traffic.

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Turnkey Restaurant with River Views
Turnkey Restaurant with River Views

Hoffman Estates, IL 60047

$1,250,000
8,161 sqft · 0.06 AC lot

Fully equipped restaurant in downtown West Dundee with scenic views.

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Downtown Mixed-Use Building
Downtown Mixed-Use Building

102 N Cook Street, Barrington, IL 60010

$695,000
0.17 AC lot

Three-unit mixed-use property offered for sale, leased through 2024 to long-term tenants.

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Barrington Executive Center For Sale
Barrington Executive Center For Sale

Hoffman Estates, IL 60010

$695,000
12,309 sqft · 0.17 AC lot

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

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Established Restaurant and Bar Opportunity
Established Restaurant and Bar Opportunity

Hoffman Estates, IL 60102

Contact for pricing
10,076 sqft · 1.93 AC lot

Turnkey restaurant and bar with seating for over 300.

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Barrington Executive Center Opportunity
Barrington Executive Center Opportunity

102 N Cook Street, Barrington, IL 60010

$695,000
12,309 sqft

Mixed-use building in downtown Barrington near Metra Northwest train line.

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Second Generation Restaurant For Sale
Second Generation Restaurant For Sale

Hoffman Estates, IL 60010

Contact for pricing
9,842 sqft · 0.06 AC lot

9,842 SF restaurant property with two attached buildings.

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Barrington Redevelopment Opportunity
Barrington Redevelopment Opportunity

301 W Northwest Hwy, Barrington, IL 60010

$1,000,000
2,300 sqft

Freestanding building with drive-thru potential in high-traffic area.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Downtown Algonquin Commercial Space Available
Downtown Algonquin Commercial Space Available

302 S Main Street, Algonquin, IL 60102

Contact for pricing
0.20 AC lot

Commercial space in downtown Algonquin's historic district, suitable for retail.

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Iconic Palatine Commercial Redevelopment Opportunity
Iconic Palatine Commercial Redevelopment Opportunity

180 N Smith St, Palatine, IL

$2,500,000
21,500 sqft · 1.06 AC lot

21,500 SF building with redevelopment potential in downtown Palatine.

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Established Restaurant with Outdoor Dining
Established Restaurant with Outdoor Dining

999 CONFIDENTIAL, Algonquin, IL 60102

$1,100,000

Well-established 6,000 sq ft restaurant with liquor license.

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Retail, Land, Special Purpose
Retail, Land, Special Purpose

180 N Smith St, Palatine, IL 60067

$2,500,000
21,500 sqft · 1.00 AC lot

Mixed-use properties · 21,500 SF

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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 on Route 25
Elgin Land on Route 25

1409 DUNDEE Avenue, Elgin, IL 60120

$295,000
0.50 AC lot

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

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Rand Road Development Opportunity
Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000
1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Commercial Land Near Retail
Commercial Land Near Retail

Lots 2-3 4 Northwest Highway, Cary, IL 60013

$599,832
1.97 AC lot

1.97 acre commercial development land near established retailers.

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Island Lake Commercial Land Available
Island Lake Commercial Land Available

NEC Route 176 & Westridge Drive, Island Lake, IL 60042

$1,500,000
7.51 AC lot

Highly visible 7.5 acre commercial land for sale.

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Elgin, IL Restaurants Market Trends and Statistics

Explore 10 restaurants for sale in Elgin, IL, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 45,904 square feet of properties for sale, with an estimated market value of $6,964,000.

Sale prices for restaurant properties in Elgin, IL start at $695,000, averaging $1,392,800, and reaching up to $3,324,000 — 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

Bars & Pubs 2
Coffee shops 1
Conventional restaurants 1
Turn key restaurants 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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