Illinois Restaurants for Rent & Lease

Updated: May 17

Restaurant Space Near University Campus

209 E University Avenue, Champaign, IL 61820

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2,000 sqft

Recently renovated 2,000 SF second‑generation restaurant space.
Fully equipped with commercial hood and walk‑in cooler in excellent working condition, saving build‑out costs.
High‑traffic location on a corridor near a university campus.
Generous dining area with ample seating capacity.
Two ADA‑compliant restrooms.

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Updated: Feb 26

Downtown Champaign Commercial Space Available

6 Taylor Street E, Champaign, IL 61820

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2,688 sqft

Prime downtown location on a pedestrian‑oriented street with high visibility and foot traffic.
Ideal for bar, restaurant, or entertainment venue due to existing configuration and features.
Spacious 2,688 SF main floor space with character‑rich, historic features like hardwood floors and tin ceilings.
Flexible layout with a removable stage/platform area suitable for live music or events.
Zoned CB - Central Business District, allowing for a wide range of commercial uses.

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Updated Commercial Space in Berwyn

6737 Roosevelt Road, Berwyn, IL 60402

$3,000/Mo

Recently updated commercial space suitable for office or food service.

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Fast Casual Restaurant with Patio

524 W State St, Geneva, IL 60134

$30 SF/Yr

3,648 sqft

Street-level fast casual restaurant includes an open kitchen, bar, dining area, and a patio.

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Updated Commercial Space in Berwyn

6737 Roosevelt Road, Berwyn, IL 60402

$3,000/Mo

Recently updated commercial building suitable for food, beverage, office.

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Restaurant Unit in Midlothian

4659 147th Street, Midlothian, IL 60445

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1,500 sqft

Turnkey restaurant space in high-traffic commercial property.

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Jefferson Park Firehouse Retail Space

4837 N Lipps Avenue, Chicago, IL 60630

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4,000 sqft

Former firehouse/warehouse near train station, ideal for retail.

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Restaurant Space with Built-In Kitchen

3426 North Harlem Avenue, Chicago, IL 60634

$21 SF/Yr

3,000 sqft

Fully equipped commercial kitchen and divisible layout support quick restaurant openings or flexible multi-tenant use.

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Turnkey Restaurant with Kitchen

17949 S Halsted Street, Homewood, IL 60430

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Move-in ready second-generation restaurant with a fully equipped kitchen, dining area, and ADA restroom.

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Endcap Restaurant and Retail Suite

16703 Harlem Avenue, Tinley Park, IL 60477

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End-cap suite built out for restaurant or cafe use, with ample front and rear parking and signage exposure.

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High-Visibility Retail and Office Units

1301 W Pioneer Pkwy, Peoria, IL 61615

$10 SF/Yr

3,500 sqft

Multiple storefront and office units with large display windows and ample parking in a high-traffic area.

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End-Cap Restaurant Retail Suite

16703 Harlem Avenue, Tinley Park, IL 60477

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End-cap suite built out for a restaurant/cafe, with parking and prominent pylon/facade signage at a busy strip center.

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Commercial Space in Freeport, IL

218 W Stephenson, Freeport, IL 61032

$600/Mo

Commercial space suitable for restaurant, coffee shop, or ice cream.

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Turnkey Restaurant Space with Patio

7353 Madison St, Forest Park, IL 60130

$30 SF/Yr

3,000 sqft

Second-generation buildout with a commercial kitchen, private dining, and a front patio—ready for an operator to open quickly.

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High-Ceiling Retail Suites

445 W Lake Street, Addison, IL 60101

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Two available suites with 16-foot ceilings, including one with an existing walk-in refrigerator for food concepts.

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Built-Out Restaurant and Bar Space

1762 N Milwaukee Avenue, Libertyville, IL 60048

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Fully built-out restaurant and bar space includes furniture, fixtures, equipment, and an outdoor patio.

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Restaurant and Bar Build-Out Space

7353 Madison Street, Forest Park, IL 60130

$30 SF/Yr

3,000 sqft

Turnkey restaurant and bar setup includes a commercial kitchen, seating, and a private party or overflow room.

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Drive-Thru Retail Conversion Site

4141 Venture Drive, Peru, IL 61354

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Former bank property with existing drive-thru canopy and a second tenant buildout space for fast, flexible occupancy.

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Retail Drive-Through Conversion Space

4141 Venture Drive #2, Peru, IL 61354

$45 SF/Yr

1,800 sqft

Former bank site with existing drive-thru canopy, parking, and a second tenant suite option for buildout.

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Retail Space with Drive-Thru Potential

902 Meijer Drive, Champaign, IL 61822

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16,328 sqft

Champaign shopping center with spaces including restaurant with drive-thru.

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Drive-Through Retail Restaurant

435 South Western Avenue, Peoria, IL 61605

$14 SF/Yr

3,057 sqft

Hard corner retail/restaurant building with drive-thru, ample parking, and updated electrical for tenant remodel.

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Turn-Key Restaurant Kitchen Space

5959 W Diversey Avenue, Chicago, IL 60639

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Former restaurant space with existing commercial kitchen improvements, offered for lease with taxes and water included.

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Drive-Through Restaurant with Parking

920 Lake St, Roselle, IL 60172

$22 SF/Yr

2,907 sqft

Restaurant space offering two drive-thru bays, 29 parking spaces, and key kitchen equipment including a walk-in freezer and cooler.

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Multi-Unit Retail Restaurant Property

4657 147th Street, Midlothian, IL 60445

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Multi-unit leasing includes a pizza-ready space with commercial kitchen equipment, dining area, and public restroom.

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Illinois Restaurants Market Trends and Statistics

Explore Restaurants leasing options in Illinois with 425 listings featured on our commercial real estate exchange. The current inventory includes 450,620 square feet of properties with an estimated lease value of $377,796.

Estimated lease rates for Restaurants in Illinois begin at $10 SF/Yr, with an average of $5,105 /Mo and extend to $330,000.