REAL ESTATE INCLUDED
Greenup, IL
For Sale – Upscale Bar & Grill with Gaming Turnkey opportunity to own a thriving bar & grill with video gaming in a prime downtown location. This 2,000 sq. ft. new construction building offers modern...
$299,999
REAL ESTATE INCLUDED
Greenup, IL
For Sale – Upscale Bar & Grill with Gaming Turnkey opportunity to own a thriving bar & grill with video gaming in a prime downtown location. This 2,000 sq. ft. new construction building offers modern...
$299,999

McHenry County, IL
Business Overview: Established 8+ years, this upscale tavern-style restaurant is a proven operation with a loyal customer base and a strong local reputation. Prior to absentee ownership, annual sales...
$400,000
Cash Flow: $155,000
REAL ESTATE INCLUDED
Elmwood Park, IL
Rare Investment Opportunity: Unlock a Thriving Bar Legacy with Rental Income Potential in Elmwood Park Address: 7463 W Diversey Ave, Elmwood Park, IL Welcome to a rare and lucrative opportunity in the...
$899,900
Gurnee, IL
Online auction: January 12-14, 2026
Not Disclosed
Cook County, IL
ACTIVE WELL ESTABLISHED BAR & GRILL MUSIC VENUE SLOT MACNINES ARCADE POOL HALL VIDEO DARTS...
$300,000
Tinley Park, IL
This is an excellent opportunity for a motivated owner to take over a Southwest suburb Upscale Sports Bar. Huge Granite Bar with many lounge tables. Beautiful Diamond Tuft Banquette along with other...
$699,000
Cash Flow: $180,000
Lake County, IL
modern gaming café and bar. Fully furnished with updated décor, bar fixtures, gaming machines and seating. Sale includes TVs, sound system, POS system, refrigeration, coolers, kitchen/bar equipment...
$149,000
Rockford, IL
FOR SALE – Turnkey Bar & Grill Opportunity! Oscar’s Bar & Grill – Available Under Lease Assignment Are you ready to own and operate your own neighborhood hotspot? Oscar’s Bar & Grill, a well-known...
$200,000
Illinois
Steakhouse that has been in the same location for 75 years! Owners are ready to retire. Recently updated the bar area with a new floor. Large walk-in refrigerator is in place to allow you to stock up...
$50,000
Cash Flow: $29,500
Aurora, IL
Profitable Bar & Grill with Video Gaming - Business Only - Turnkey Opportunity! This is your chance to own a well-established bar and grill with steady food, beverage, and high-margin video gaming...
$425,000
EBITDA: $233,904
Available Nationwide
Home of the Original Buffalo Wing and part of food history. Expanding nationally with plenty of territory available for franchisees to grow. Learn more about joining our team now.
$350,000
South Chicago Heights, IL
Gaming Cafe and Bar located in a desirable, high-visibility area, next to two big box retailers. This beautifully updated space offers a welcoming and modern atmosphere in a high traffic area. The...
$120,000
Schaumburg, IL
Ready to step beyond the fried ice cream and fedoras? This Mexican restaurant and bar takes authentic Latin American food to the next level! Instead of the usual cozy Mexican restaurant, this...
$549,900
Cash Flow: $132,156
McHenry County, IL
Are you ready to own a beloved community staple? This thriving sports bar, known for its exceptional food and family-friendly atmosphere, is now available for sale on a key corner in a growing...
$600,000
Cash Flow: $211,081
Cook County, IL
Take advantage of this rare opportunity to own a well-established bar and gaming lounge with over 40 years of local history. Recently remodeled with modern upgrades, this neighborhood staple combines...
$99,000
REAL ESTATE INCLUDED
Illinois
Well-established bar and grill in a growing Illinois town, operating for over 42 years. Features include six gaming machines generating $169K annually/Location Share $50K annually, pool tables, and a...
$385,000
Cash Flow: $60,000
C. Ross Hedges
Chelsis Financial
Serving DuPage County, IL
Established in 1998, Chelsis Financial offers business owners a complimentary review to assess business value and to inform the decision to sell based on an independently validated asking price. All inquiries are highly confidential, leading to a quiet transfer of ownership. Confidentially connecting business owners with active merger & acquisition partners and motivated buyers is our business! - C. Ross Hedges, Principal
Mundelein, IL
Psycho Brew Madness 100, 2.5 Barrel Brew Station Three kettle system with temperature control, wort chiller 4 Psycho Brew 3bbl. (4bbl) Jacketed fermenters, clean in place wand, rack arm, spray ball,...
$45,000
Bellwood, IL
A rare opportunity to purchase a turnkey bar with kitchen and its valuable real estate. An historic freestanding building with a striking updated exterior. And a warm and inviting interior with high...
$650,000
Rock Island County, IL
Rare opportunity to acquire a fully equipped bar and grill with real estate included in Reynolds, Illinois. This turnkey asset sale features the former Dooder's Bar & Grill, a beloved community...
$199,000
Mount Prospect, IL
Prime retail opportunity in the heart of Downtown Mount Prospect! This 2,196 square foot second-generation bar/cafe space at 133 W. Prospect Avenue offers an exceptional opportunity for hospitality...
Not Disclosed
St. Clair County, IL
$475,000
Available in Illinois
$350,000
REAL ESTATE INCLUDED
Homewood, IL
$560,000
Lyons, IL
$290,000
Boone County, IL
$165,000
Tazewell County, IL
$225,000
REAL ESTATE INCLUDED
Hampshire, IL
$1,000,000
Winnebago County, IL
$350,000
Cook County, IL
$630,000
New Lenox, IL
$500,000
Caseyville, IL
$120,000
Cook County, IL
$1,200,000
Available Nationwide
$200,000
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
Country Club Hills, IL
$180,000
Joliet, IL
$1,350,000
REAL ESTATE INCLUDED
Madison County, IL
$1,575,000
Elmwood Park, IL
$199,000
Available in Illinois
$75,000
Lake County, IL
$150,000
Peoria County, IL
$650,000
REAL ESTATE INCLUDED
Springfield, IL
$595,000
Elgin, IL
$125,000
Sangamon County, IL
$259,000
Mark Daoust
Quiet Light Brokerage, Inc.
Serving Lake County, IL
The value of Quiet Light is in its advisors.
REAL ESTATE INCLUDED
South Suburban, IL
$9,999,000
Chicago, IL
$295,000
Chicago, IL
$590,000
REAL ESTATE INCLUDED
Harvel, IL
$155,000
Decatur, IL
$55,000
Joliet, IL
$195,000
Chicago, IL
$3,999,000
Peoria, IL
$170,000
REAL ESTATE INCLUDED
Verona, IL
$1,599,000
DuPage County, IL
$750,000
Chicago, IL
$195,000
Bars, Pubs, and Taverns offer a unique business model that combines the service industry with alcoholic beverage sales. They provide a space for people to socialize, relax, and enjoy drinks either alone or in groups. Bars are often a core part of their community and can bring in significant revenue when managed efficiently. If you’re interested in buying or selling a bar business, it helps to have some context on pricing and valuations in the current market. To provide that context, we have aggregated data from listings of Illinois bars for sale and derived financial and valuation metrics below.
Market Snapshot
The financial data presented here is an aggregation of listing averages and should be used as a guide rather than a rule. It's essential to conduct thorough research on the specific market and location before making any significant business decisions.
|
Number of Businesses Analyzed |
27 |
|
Median Asking Price |
$562,250 |
|
Median Reported Revenue |
$813,097 |
|
Median Reported Earnings |
$192,500 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Illinois Bar Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.27 |
3.95 |
|
Median |
0.42 |
4.02 |
|
Upper Quartile |
0.99 |
4.35 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Get in-depth market insights into valuation multiples and trends in our report: Bar & Pub Business Valuation Metrics and Financial Benchmarks.
FAQs
How much does it cost to buy a bar in Illinois?
The median asking price for an established bar business is $562,250, though prices range from around $60,000 to nearly $4,000,000.
How much do bar owners typically earn?
The median reported revenue among Illinois bars for sale are $813,097 and owners earn a median of $192,500, which includes the owner's salary and any other financial benefits they receive.
How do I value a bar?
There are several ways to value a bar business, but buyers and investors typically hinge their evaluation on a multiple of earnings and revenue. Based on our most recent analysis of Illinois bar for sale listings, revenue multiples range from 0.27 to 0.99, with a median of 0.42. Earnings multiples range from 3.95 to 4.35, with the median at 4.02. This means the average bar or pub in Illinois may sell for around 0.42 times its annual revenue, and 4.02 times its annual owner earnings.
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