Illinois

American Restaurants For Sale in Illinois

Showing 99 results sorted by
$50K for SUB#1 FRANCHISE, Low Rent, Chicago, Cook County

Cook County, IL

100% ABSENTEE OWNER SALES YTD. 2026: $4,691/WK SALES YEAR 2025: $4,9675/WK SALES YEAR 2024: $5,635/WK SALES YEAR 2023: $6,241/WK SALES YEAR 2022: $6,392/WK SALES YEAR 2021: $6,171/WK GROSS RENT:...

$50,000

$50,000

West Town Second Gen Restaurant

Chicago, IL

Second-Generation Restaurant & Bar Opportunity – West Town Rare opportunity to acquire a fully built-out, second-generation restaurant and bar space in the heart of Chicago’s vibrant West Town...

$125,000

$125,000

High-Volume Bar & Grill + Gaming | Owner Financing | Springfield, IL

Springfield, IL

ESTABLISHED BAR & GRILL WITH GAMING - SPRINGFIELD, ILLINOIS This well-established hospitality operation represents a compelling acquisition opportunity featuring multiple revenue streams and strong...

$300,000

$300,000

Turnkey Restaurant & Prime Chicago Property w/Mixed-Use Add

REAL ESTATE INCLUDED

Chicago, IL

Rare opportunity to acquire a fully operational restaurant along with the building at 4201 W Lawrence in the Albany Park neighborhood of Chicago. This 2,700 SF building sits on a 5,670 SF lot with...

$675,000

$675,000

Cash Flow: $240,000

REAL ESTATE INCLUDED

Established Breakfast Lunch Restaurant, unique opportunity.

Kane County, IL

Well known area breakfast and lunch restaurant with overflow weekend crowds and consistent daily diners. Reputation for high quality, great value menu selections and impeccable service. Beautiful...

$149,999

$149,999

Greek, Mediterranean Restaurant with Real Estate in Affluent Suburb

REAL ESTATE INCLUDED

Illinois

Picture yourself owning this thriving Greek and Mediterranean restaurant that's been delighting customers in one of Illinois' most affluent Western suburbs for years. You're looking at a solid...

$1,799,000

$1,799,000

Cash Flow: $100,000

REAL ESTATE INCLUDED

Event-Ready Restaurant w/ Catering & Banquet Growth Potential

Flora, IL

This versatile commercial property features a fully equipped kitchen, a spacious main dining area, and two private banquet rooms, making it ideal for an expanded event, catering, or...

$600,000

$600,000

Well-Loved BBQ Spot Ready for Growth- Real Estate Included!

Marion County, IL

This well-established southern-style BBQ restaurant offers a loyal customer base, strong weekend traffic, and high-margin smoked meats and comfort-food favorites. Its menu of brisket, ribs, pulled...

$325,000

$325,000

Entertainment-Focused Bar with Patio and Private Event Areas

St. Clair County, IL

This vibrant full-service bar and restaurant features a broad-appeal menu and a lively late-night operation, open seven days a week from late morning through the early morning hours. Located in a busy...

$475,000

$475,000

Restaurant and Game Room Business-only in Peoria, Illinois!

Peoria, IL

Total Net Sales are $350,000 per year! Restaurant generates $266,000 per year at 65% margin! Game machine commission from the Game Room is $84,000 per year! Game Room just started recently and is...

$149,000

$149,000

Cash Flow: $120,000

One-Of-A-Kind Restaurant Affluent Western Suburb - Sales Over $1.4M!

Kane County, IL

High-Volume Well-Established One-Of-A-Kind Restaurant Affluent Western Suburb of Chicago - Sales Over $1.4 Million! "In The Heart Of Its Historic Downtown Shopping & Dining District Walking Distance...

$250,000

$250,000

Cash Flow: $97,453

Premier Multi-Revenue Restaurant & Event Venue with Real Estate

REAL ESTATE INCLUDED

DuPage County, IL

Confidential sale of a proven full-service restaurant and event venue located in Chicago’s western suburbs. The business generates balanced and consistent cash flow through a diversified revenue model...

$3,150,000

$3,150,000

Cash Flow: $343,010

REAL ESTATE INCLUDED

Iconic DT Tinley Restaurant and Wedding Venue for sale.

$2,900,000 - Cook County, IL

$2,900,000

Cook County, IL

George Gianares

Timio Consulting

Full-Service Restaurant w/ Real Estate - Kane County, IL

REAL ESTATE INCLUDED

Kane County, IL

Located in the heart of Kane County, IL, this well-established, full-service restaurant has been a community staple for over 25 years. Known for its welcoming atmosphere, classic American menu, and...

$1,450,000

$1,450,000

REAL ESTATE INCLUDED

Rockford Area Fast Food - Ice Cream

Winnebago County, IL

This FAST FOOD restaurant is open limited hours. It is located in a great area with limited competition. The rent is cheap. Yearly sales about $250,000. The seller will train. This is a very special...

$150,000

$150,000

Ori Eldarov

OffDeal

Serving Cook County, IL

OffDeal offers small business owners a hassle-free way to sell their company for the highest price to the best possible buyer. We leverage years of Wall Street experience and our custom-built proprietary technology to ensure you realize the full value for your life's work. Unlike traditional advisors, we don't just list your business on public marketplaces and wish for the best - we build a tailored list of hundreds of potential buyers for your business that have relevant industry and operating experience and engage in proactive outreach - maximizing the number of offers your business receives - and ultimately the sale price. We typically work with businesses in the $1-50 million range, but can sometimes flex outside of that range on a deal by deal basis.

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American Diner in EXCELLENT LOCATION, Harwood Heights on Harlem Ave!~

Harwood Heights, IL

You'll discover an exceptional American diner opportunity that's been thoughtfully designed for success. Picture yourself welcoming guests into this beautifully renovated 7,200 square foot restaurant...

$400,000

$400,000

Hot Food!! Over $2M Sales

Peoria, IL

This is a ONE OF A KIND food business!!!! It has been around over 30 years. It is located near Peoria, Illinois. 2024 sales were over $2,000,000 and 2025 is on target to break $2,000,000. There are...

$465,000

$465,000

Urban-Focused Breakfast Chain Available

Cook County, IL

This breakfast chain thrives in Urban Markets and is known for its innovative approach to morning and midday meals, offering a variety of creative breakfasts, specialty juices, and its own...

Not Disclosed

Not Disclosed

EBITDA: $4,200,000

Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming - 35 Years!

Cook County, IL

Beloved Longstanding Breakfast & Lunch Restaurant w/Gaming South Suburb of Chicago, IL - 35 Years! "2024 Gaming Revenue (Locations Take) $161,596" A classic long-running breakfast and lunch diner...

$250,000

$250,000

Cash Flow: $74,265

Established & Beloved Turnkey Restaurant in Prime Location

Chicago, IL

Don't Miss this great opportunity to own your American Fast Food Restaurant !!!!! A legacy of flavor and profit awaits you. This is a rare, turn-key opportunity to acquire a well-established fast-food...

$119,800

$119,800

Cash Flow: $90,000

Certified Pre Owned Restaurant for Sale! $160,000 Earnings!

Jefferson County, IL

Take advantage of this fantastic Certified Pre Owned Restaurant for Sale, perfect for an owner operator looking to take over a well established turn key Restaurant. Priced to sell at just 375000, this...

$375,000

$375,000

Cash Flow: $160,295

Established Food Franchise in High Traffic Tourist and Biz District

Chicago, IL

This is currently an owner-operator situation, with both owners working very part-time for part of Monday through Friday, resulting in a 5 partial-day work week. The hours open are just 4.5 hours a...

$159,000

$159,000

Cash Flow: $58,873

Well Known High Revenue, Restaurant & Bar In Nostalgic Downtown Morris

$700,000 - Morris, IL

$700,000

Morris, IL

Cheesesteak Fast Food- business for sale - SW suburbs

Cook County, IL

Business for sale.? Located in South-West suburbs of Chicago.? Established and well operating business for sale.? Gross Annual sales (2024/25) : $540,000 Net Annual sales (2024/25): $530,000 Net...

$175,000

$175,000

Hyde Park Restaurant For Sale

Chicago, IL

This 2,996 SF, fully built-out restaurant offers a rare turnkey opportunity in a high-demand area. The space features a large, professionally equipped commercial kitchen, walk-in coolers, and a...

$75,000

$75,000

An amazing fast-food opportunity for sale with property & video gaming

REAL ESTATE INCLUDED

Northlake, IL

An amazing fast-food opportunity for sale with property. Listing is confidential and NDA is required. This long established, well known, profitable, and respected business can become yours provided...

$1,125,000

$1,125,000

REAL ESTATE INCLUDED

Italian Fine Dining/Chicago Northwest Suburbs

Cook County, IL

Italian fine dining-homemade style-Chicago Northwest Suburbs. Full line of Italian cuisine established for over 10 years; owner retiring. Where the Taste is Real Homemade Italian. Turn-key Italian...

$229,500

$229,500

Pastry Shop

Edwardsville, IL

This charming pastry shop has quickly become a beloved part of the Edwardsville community, known for its welcoming atmosphere and ever-changing selection of fresh, handcrafted pastries. Each day...

$245,000

$245,000

Cash Flow: $137,386

Turn-Key Restaurant Opportunity in Prime Corner Location

Chicago, IL

Exceptional opportunity to acquire a fully built-out, turnkey restaurant in a highly visible corner location within a vibrant Chicago neighborhood. This well-positioned space offers outstanding street...

$195,000

$195,000

Restaurant & 4 Multifamily Units For Sale

Lakeview, IL

SVN Chicago Commercial is pleased to present an exceptional value-add investment opportunity at 1625 W Irving Park Rd, Chicago — a premium mixed-use property located in the heart of Lakeview, one of...

$2,900,000

$2,900,000

Hawg Pit BBQ

Grafton, IL

This restaurant, located on the main highway and the River, in beautiful Grafton, IL provides a unique experience for all patrons. Customers are flocking to this restaurant for its delicious and...

$450,000

$450,000

Cash Flow: $78,507

Sarpino's Pizza For Sale In Chicago, Cook County

Chicago, IL

SALES YEAR 2024: $670,871 GROSS RENT: $4,200/MONTH ABSENTEE OWNER ASKING PRICE: $195,000 MONEY MAKER!!...

$195,000

$195,000

Well Known, High Revenue, Restaurant and Bar Establishement!

REAL ESTATE INCLUDED

Verona, IL

The owners of this well known establishment have decided to retire, creating an opportunity for a buyer to purchase a high volume restaurant-bar that is very profitable. EJ Karz is the combination of...

$1,599,000

$1,599,000

REAL ESTATE INCLUDED

EXTREME PRICE REDUCTION - Successful Franchise Restaurant

St. Clair County, IL

If you have ever dreamed of owning and running a successful restaurant in the St Louis suburbs with the support of an established franchise and without the expense, risk and headaches of startup, this...

$295,000

$295,000

Cash Flow: $58,277

Established Corner Bar/ Restaurant Concept

Chicago, IL

Uncover the potential of this captivating 3,000 SF bar and grill concept located in one of Chicago's most well-known neighborhoods. The well-established location presents an exceptional opportunity...

$195,000

$195,000

Well Known and Long Establishes Pizza Restaurant with ~1 Acre Property

REAL ESTATE INCLUDED

Alsip, IL

This property of almost 1 acre, houses a Well Known and Highly Respected Pizza Restaurant Business for many years. The seller considers retiring and someone else will own this valuable business and...

$1,375,000

$1,375,000

REAL ESTATE INCLUDED

Restaurant - $100k Per Month - Great Deal

Illinois

This SUPER HOT restaurant does over $100,000 per month. It is open limited hours!!! There is no alcohol served. The rent is very fair and the space is over 8000 sq. ft. Many staff members have been...

$298,000

$298,000

Franchise Sandwich Shop for Sale in Galesburg IL with Strong Sales

Galesburg, IL

This Turnkey Franchise Sandwich Shop for Sale in Galesburg, Illinois with drive through generated annual sales of $581,925 and represents a strong opportunity for someone interested in buying a...

$149,999

$149,999

Asset SaleTrademark and recipes for a true American icon!

Chicago, IL

The trademark, recipes, and other intellectual property for I-57 Rib House® are for sale! The brand launched as a family-owned restaurant in 1989 with the opening of our flagship restaurant at 1524...

$1,500,000

$1,500,000

Asset Sale
Asset SaleDiner Style Restaurant Directly off Interstate - Fully Turnkey

Sangamon County, IL

Transform your restaurant vision into reality with this turnkey opportunity positioned for immediate profitability and long-term growth. You'll capture revenue from day one with a fully functional...

$150,000

$150,000

Asset Sale
Asset SaleFully Built-Out Fast-Food Restaurant - Sought-After Northwest Suburb!

Cook County, IL

A fully built-out restaurant space featuring a modern, professionally built-out space with high-quality furniture, fixtures and equipment located on a proven retail and dining corridor. Asset sale -...

$40,000

$40,000

Asset Sale
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Asset SaleNorthwestern University | Evanston Waffle Shop – Asset Sale

Evanston, IL

Rare opportunity to acquire an operating waffle shop in a prime downtown Evanston location, just steps from Northwestern University. Situated next to Paris Baguette, this highly visible storefront...

$50,000

$50,000

Asset Sale
Asset SaleTurnkey Restaurant in a Prime Elmhurst Downtown Location

Elmhurst, IL

Turnkey Restaurant – Prime Downtown Elmhurst Location – Low Rent, Priced to Sell! Excellent opportunity to take over a fully built-out former franchise restaurant in the heart of Downtown Elmhurst....

$50,000

$50,000

Asset Sale
Real EstatePrime Restaurant Bar Space with Outdoor Garden

Chicago, IL

Highly Confidential. Corner stoplight intersection. Prime Restaurant Bar space with outdoor garden. Fully equipped. Turn-key operation in Bucktown-Wicker Park. Fresh second generation bar space. Ready...

Not Disclosed

Real Estate

Not Disclosed

Real EstateWest Loop Second Generation Restaurant Space For Lease

Chicago, IL

Rare opportunity to lease a beautifully built-out 5,000 square foot restaurant space in the heart of Chicago’s highly sought-after West Loop neighborhood. Located in one of the city’s premier dining...

Not Disclosed

Real Estate

Not Disclosed

Real EstateSouth Loop Restaurant Spaces at Pointe 1900

Chicago, IL

Two restaurant-capable spaces with parking available for lease at Pointe 1900 in Chicago's South Loop. The corner space (1,421 SF) is a second-generation restaurant space with full restaurant...

Not Disclosed

Real Estate

Not Disclosed

Real EstateFreestanding Restaurant Sought-After NW Suburb - Property For Sale!

Cook County, IL

Fully-Equipped Freestanding Restaurant Sought-After Northwest Suburb - Property For Sale! "Out-lot Of A Busy Plaza - At A Signalized Intersection - On A Major Thoroughfare/A Dense Commercial Corridor...

$950,000

$950,000

Real Estate
Real EstateHumboldt Park Corner Restaurant For Lease

Chicago, IL

Prime corner restaurant space available in the heart of Chicago’s vibrant Humboldt Park neighborhood. This fully built-out, second-generation restaurant offers turnkey convenience with a complete...

Not Disclosed

Real Estate

Not Disclosed

Real EstateFreestanding Fast-Food Restaurant w/Drive-Thru Posen, IL-On 147th St!

Posen, IL

Fully-Equipped Freestanding Fast-Food Restaurant w/Drive-Thru Posen, IL - On 147th St! "On One Of The Most Trafficked Thoroughfares In Posen Minutes From I-57, I-294 & IL-83" Incredible opportunity!...

$950,000

$950,000

Real Estate
Real EstateFully Equipped Restaurant for Sale or Lease

West Dundee, IL

Fully Equipped Premier Downtown Restaurant with Scenic Fox River Views Nestled in the heart of downtown W. Dundee, this turnkey 8,161 SF three-level, elevator equipped restaurant plus basement, seats...

$1,250,000

$1,250,000

Real Estate
Real EstateFully Renovated Free Standing QSR with Drive-thru - Joliet

Joliet, IL

Introducing a premier investment opportunity in the thriving Joliet area. This recently redeveloped 3,339 SF building features new state-of-the-art equipment, an indoor dining room, spacious outdoor...

$1,995,000

$1,995,000

Real Estate
Buy or Sell an American Restaurant in Illinois
Market OverviewListed for Sale
Number of Businesses Analyzed24
Median Asking Price$412,500
Median Reported Revenue$1,075,000
Median Reported Seller's Discretionary Earnings$137,386
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.

Asking Price

Lower QuartileMedianUpper Quartile
$189,749$412,500$1,349,750

Market Financial Highlights

The financial data presented here is an aggregation of reported revenue and earnings of American Restaurants for sale in Illinois.

BoundRevenueSeller’s Discretionary Earnings
Lower Quartile$550,000$90,000
Median$1,075,000$137,386
Upper Quartile$1,650,000$264,523

Valuation Multiples

The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of American Restaurants listed for sale in Illinois.

BoundRevenue MultipleEarnings Multiple
Lower Quartile0.332.05
Median0.422.95
Upper Quartile1.175.09
Find out what these types of businesses actually sell for with a BizBuySell Valuation Report

FAQ's

How much does it cost to buy an American Restaurant in Illinois?

The median asking price for an established American Restaurant in Illinois is $412,500, though prices range from under $189,749 to well over $1,349,750.

How much do American Restaurants owners in Illinois earn?

The median reported revenue of American Restaurants in Illinois is $1,075,000 and owners earn a median of $137,386, which includes the owners salary and any other financial benefits they receive.

How do I value an American Restaurant?

Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of American Restaurants in Illinois, revenue multiples range from 0.33 to 1.17, with a median of 0.42. Earning multiples range from 2.05 to 5.09, with the median at 2.95. This means the typical American Restaurant in Illinois may ask for around 0.42 times its annual revenue, and 2.95 times its annual owner earnings.

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