Restaurants

Glenwood, IL Restaurants for Sale

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Turnkey Hospitality Portfolio For Sale
Updated: Nov 21, 2025
Turnkey Hospitality Portfolio For Sale

18405 S Halsted St, Glenwood, IL 60425

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29,000 sqft 2.50 AC lot
High‑volume hospitality portfolio generating $8.7M+ in combined annual revenue.
Brand‑new (2022) construction with $2M+ in recent upgrades and top‑tier finishes.
Two proven, high‑grossing concepts: Bevda’s Wine & Spirits ($4.1M sales) and Chug‑A‑Lug Bar & Grill ($4.7M sales).
Chug‑A‑Lug Bar & Grill features a full kitchen, rooftop bar, event deck, billiards, gaming, elevator and rooftop enclosure.**
Dominant location in a booming south Chicagoland commercial corridor with high daily traffic (35,200).
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Glenwood, 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.

Prime Commercial Site on Route 30
Prime Commercial Site on Route 30

3601 W Lincoln Highway, Matteson, IL 60443

$450,000
0.44 AC lot

37,386 SF site ideal for retail, office, restaurant.

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Remodeled Bar & Pub with Patio
Remodeled Bar & Pub with Patio

3323 Ridge Road, Lansing, IL 60438

$725,000
0.18 AC lot

Includes commercial kitchen equipment, gaming machines, and an upstairs three-bedroom apartment.

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Remodeled Bar with Gaming Machines
Remodeled Bar with Gaming Machines

3323 Ridge Road, Lansing, IL 60438

$725,000

Remodeled downtown bar with a full kitchen, event-ready seating areas, outdoor patio, and an upstairs apartment.

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Prime Commercial Site on Route 30
Prime Commercial Site on Route 30

3601-3611 W Lincoln Hwy, Matteson, IL 60443

Contact for pricing
37,386 sqft 0.86 AC lot

37,386 SF site ideal for retail, office, or restaurant.

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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.

Commercial Development Land Parcel
Commercial Development Land Parcel

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

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Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Commercial Corner Lot in Midlothian
Commercial Corner Lot in Midlothian

4031 147th Street, Midlothian, IL 60445

$119,900

Prime commercial land in a high-traffic business district.

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Land Near Hammond Landmarks
Land Near Hammond Landmarks

6850 Indianapolis Blvd, Hammond, IN 46324

$450,000
0.45 AC lot

0.45 acre land near YMCA, sports complex, Purdue campus.

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Glenwood, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Glenwood, IL on our real estate platform. These investment opportunities span a total of 29,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1

Demographics Overview

Population 8,730
Population Growth (5Y) -2.0%
Median Household Income $71,348
College Educated 49.0%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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