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    Glenwood, IL Restaurants for Sale

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    Chicago Heights, IL Homewood, IL Lansing, IL
    Turnkey Hospitality Portfolio For Sale
    Updated: Nov 21, 2025
    Turnkey Hospitality Portfolio For Sale

    18405 S Halsted St, Glenwood, IL 60425

    $11,500,000
    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 Any Listing Into an Investment Snapshot Owner equity, real caprate, 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.

    Chicago Heights Retail Opportunity
    Chicago Heights Retail Opportunity

    11 E 14th St, Chicago Heights, IL

    $750,000
    10,200 sqft · 1.49 AC lot

    Retail property with drive-thru and high traffic visibility.

    View details
    Retail
    Retail

    17860 Halsted St, Homewood, IL 60430

    $4,392,000
    7,019 sqft

    Strip malls · 7,019 SF

    View details
    Halsted & Maple Commercial Pad
    Halsted & Maple Commercial Pad

    17750 Halsted St, Homewood, IL 60430

    Contact for pricing
    0.90 AC lot

    0.90-acre pad site ideal for drive-thru or retail.

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    Commercial Corner Ready for Development
    Commercial Corner Ready for Development

    Chicago Heights, IL 60411

    $350,000
    4.00 AC lot

    4 acres commercial corner lot, excellent development opportunity.

    View details

    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.

    Prime Vacant Land For Lease
    Prime Vacant Land For Lease

    636 Chicago Road, Chicago Heights, IL 60411

    Contact for pricing
    1.63 AC lot

    1.63-acre vacant land ideal for retail and commercial uses.

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    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.

    View details
    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.

    View details

    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, with an estimated market value of $11,500,000.

    Sale prices for restaurant properties in Glenwood, IL start at $11,500,000, averaging $11,500,000, and reaching up to $11,500,000 — 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 1
    Conventional restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Glenwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60425 $11.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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