Glenwood, IL
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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
    $11,500,000
    29,000 SF

    Turnkey Hospitality Portfolio For Sale

    18405 S Halsted St, Glenwood, IL 60425

    Fully stabilized, high-volume hospitality portfolio with real estate.

    • 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).
    Updated: Nov 21, 2025
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    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.

    Turnkey Restaurant and Salon Building
    $249,750

    Turnkey Restaurant and Salon Building

    Mixed-use building with restaurant and salon on high-traffic street.

    849 S Halsted Street, Chicago Heights, IL 60411
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    Chicago Heights Retail Opportunity
    $750,000
    10,200 SF

    Chicago Heights Retail Opportunity

    Retail property with drive-thru and high traffic visibility.

    11 E 14th St, Chicago Heights, IL
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    Retail
    $4,392,000
    7,019 SF

    Retail

    Strip malls · 7,019 SF

    17860 Halsted St, Homewood, IL 60430
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    Halsted & Maple Commercial Pad
    Contact for pricing
    0.90 Acres

    Halsted & Maple Commercial Pad

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

    17750 Halsted St, Homewood, IL 60430
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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.

    Prime Vacant Land For Lease
    Contact for pricing
    1.63 Acres

    Prime Vacant Land For Lease

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

    636 Chicago Road, Chicago Heights, IL 60411
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    Flossmoor Commercial Development Opportunity
    $399,900
    2.53 Acres

    Flossmoor Commercial Development Opportunity

    2.53-acre commercial land parcel in Flossmoor, Illinois.

    19611 Crawford Avenue, Flossmoor, IL 60422
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    Commercial Corner Lot in Midlothian
    $119,900

    Commercial Corner Lot in Midlothian

    Prime commercial land in a high-traffic business district.

    4031 147th Street, Midlothian, IL 60445
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    Commercial Vacant Lot For Sale
    $70,000
    0.22 Acres

    Commercial Vacant Lot For Sale

    Prime commercial land in high-traffic area near established businesses.

    14539 Crawford Avenue, Midlothian, IL 60445
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    Glenwood, IL Restaurants Investment Opportunities Market Analysis

    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

    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 Strategic Investment

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

    Neighborhood Average Price
    60425 $11.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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