Illinois

Bars, Pubs and Taverns For Sale in Illinois

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Turn key established Restaurant & Bar w/Gaming & drive up window

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

10

$299,999

REAL ESTATE INCLUDED

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Profitable Upscale Tavern – McHenry County / Northwest Suburbs Absente

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

$400,000

Cash Flow: $155,000

Rare Investment Opportunity: Longstanding Neighborhood Bar & Rental

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

10

$899,900

REAL ESTATE INCLUDED

Video Gaming Bar Grill Music

Cook County, IL

ACTIVE WELL ESTABLISHED BAR & GRILL MUSIC VENUE SLOT MACNINES ARCADE POOL HALL VIDEO DARTS...

6

$300,000

$300,000

Turn Key established Upscale Sports Bar with Video Gaming

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

$699,000

Cash Flow: $180,000

Gaming Cafe with Full Bar

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

$149,000

Reduced! Established Community Bar with a Legacy of Success

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...

6

$200,000

$200,000

Steakhouse With Old World Charm and Real Estate

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

$50,000

Cash Flow: $29,500

Established Aurora Bar/Grill

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...

2

$425,000

$425,000

EBITDA: $233,904

Gaming Cafe for Sale

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

$120,000

Successful Mexican Grill & Bar With Multiple Income Streams

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

$549,900

Cash Flow: $132,156

$900k+ PROFITABLE bar/restaurant in EXCELLENT location w/gaming!

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

$600,000

Cash Flow: $211,081

Video Gaming Lounge & Full Bar - Newly Remodeled - Motivated Seller

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

$99,000

Long-Established Bar & Grill with Gaming & Rental Income Potential – R

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

$385,000

Cash Flow: $60,000

REAL ESTATE INCLUDED

Bilal Khaliq,CBB.

Empire Global Business Brokers

Serving Cook County, IL

Join Our Empire Conglomerate of Companies. At Empire GLOBAL Business Brokers you will work and serve people & organizations from multiple industries & walks of life. Advantages of owning an Empire Trademark Licensed office is rewarding & unprecedented in the short history of the business brokerage industry. Working with Bankers , financial professionals , Attorneys , Franchisor , Commercial loan brokers & different high level executives make for an honorable successful career & Business Brokerage practice. Other advantages of becoming a Empire trademark licensed office is our ability to provide multiple outlets & strategies to our business owners like Franchise development through our triangle company Empire Business Advisory Global & the immediate selling of our Franchisors units after their development & Franchise Ambassadors the Franchise sales leader for minorities will sell the franchised units. The Cost to open your Empire Trademark Licensed Office is only $15.000.00 with company financing available. You will need approximately $5000.00 for working capital , between $1500.00 to $3000;00 for furniture & equipment for office & $1000.00 for travel to IL Headquarters for training if out of State, for a total of $21500.00 to $23000.00 cost. Here's some of the things that will be covered in training. Appraising the real fair market value of a business or franchise resale for hundreds of thousands of different kinds of businesses & franchise systems. Establishing the real world price of the business or franchise resale. Strategies & techniques of selling a business or franchise using our proprietary unique system & triangle approach with 3 companies to selling businesses and Franchises Hiring & training a salesperson. Widening our network of listings Understanding & using the correct agreements & contracts. Using our 3 company triangle approach to national marketing. The psychology of a Unique Empire Trademark licensed business broker. Using our unique 27 profit centers to bridge the sometimes lengthy time it can take to close big deals. We want to take this opportunity to thank you for reading about our business brokerage opportunity. Our social So, if you’re ready to avail the services of the finest business brokers the US, get in touch with us today! Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com

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Asset SaleMicrobrewery Equipment - 3 BBL Brewhouse

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,...

4

$45,000

Asset Sale

$45,000

Asset SaleBeloved Freestanding Bar w/Kitchen Bellwood, IL - Property Included!

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

Asset Sale

$650,000

Asset SaleTurnkey Bar & Grill - Real Estate Included

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...

6

$199,000

Asset Sale

$199,000

Real EstateBar/Cafe Available For Lease in Downtown Mount Prospect

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

Real Estate

Not Disclosed

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

Great Sit Down Restaurant for Sale , Video Gaming , full liquor etc

REAL ESTATE INCLUDED

Homewood, IL

Can Vegan / Mexican Cuisines Can Change menu , Seats Over 120 People...

$560,000

$560,000

REAL ESTATE INCLUDED

Your Neighborhood Pub/Bar with Slots and Restaurant

Lyons, IL

Unique, Long-Established Bar/Video Slot Machines + Restaurant Opportunity ~ Business Only (No Real Estate) "Turnkey" Here is a rare chance to take over a highly successful bar in a well-established,...

$290,000

$290,000

Popular Independent Gaming Bar Boone County-Bustling Downtown District

Boone County, IL

A popular pub for adults to enjoy an ice-cold beverage, watch their favorite sports team and enjoy some gaming. Offers a diverse selection of craft beers, signature cocktails and an extensive wine...

$165,000

$165,000

Cash Flow: $78,806

Tazewell County Bar with Property - Great Gaming

Tazewell County, IL

This Tazewell County bar has had many updates over the years. This is a long term owner. It is very cute and you will love it. There is very little competition. There is plenty of parking for your...

$225,000

$225,000

Iconic Mott’s Lounge in Burlington finally for sale!

REAL ESTATE INCLUDED

Hampshire, IL

YOUR CHANCE TO OWN A PIECE OF HISTORY! ICONIC MOTT'S LOUNGE IN DOWNTOWN BURLINGTON HAS BEEN OPEN FOR 101 YEARS! FIVE GENERATIONS LATER, THEY ARE FINALLY READY TO RETIRE! SALE INCLUDES: BAR BUILDING,...

$1,000,000

$1,000,000

REAL ESTATE INCLUDED

Gaming cafe for sale

Winnebago County, IL

Gaming cafe doing 11000 income per month . Call for information...

$350,000

$350,000

Profitable Turnkey Pizza & Sports Bar – Consistent Cash Flow, Absentee

Cook County, IL

$630,000 (Business Only) Seller Financing: Available for qualified buyers Real Estate: Not included Location Northwest Chicago Suburbs Consistent $900K+ annual revenue with strong margins and loyal...

$630,000

$630,000

Cash Flow: $243,000

Microbrewery and tap room for sale

New Lenox, IL

Award winning brewery in an established location. A perfect opportunity for someone wanting to get into the brewing business, or for other brewing businesses to expand their brand into a welcoming...

$500,000

$500,000

Established bar and grill business for sale

Caseyville, IL

Established Neighborhood Bar and Grill - Prime Caseyville Location This well-established bar and grill presents an exceptional opportunity in Caseyville, Illinois, serving the Saint Clair County...

$120,000

$120,000

Neighborhood Bar & Grill w/Gaming Southwest Suburbs of Chicago

Cook County, IL

Business $600,000 & Real Estate (Mixed use apx 5,000 sq ft building) $600,000 for sale. The 2nd floor apartment is updated with 4 bedrooms and 1.5 baths which couild generate a potential $2,200 in...

$1,200,000

$1,200,000

Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!

REAL ESTATE INCLUDED

Chicago, IL

Make this building your own with 6000 sq ft of main floor space to create your own business or purchase the building and keep the business as it is (Currently operating as a night club on one side and...

$1,400,000

$1,400,000

REAL ESTATE INCLUDED

Bar, Banquet Hall , Restaurant & Video Gaming

Country Club Hills, IL

5 INCOME STREAMS,SEATS OVER 100...

$180,000

$180,000

Cash Flow: $87,790

High Volume Bar with Property

Joliet, IL

This high volume bar is located in the surrounding Joliet area. Is has been around for years and has a huge following. There is a full kitchen. You will love the long term staff that is very...

$1,350,000

$1,350,000

Sports Bar with Real Estate – Sales over $2.4 Million a Year!

REAL ESTATE INCLUDED

Madison County, IL

Sales are UP on this Highly Profitable Illinois Sports Bar Turnkey Large Dining Room Banquet Room Well-Equipped Kitchen Large Patio with Outside Games Video Gaming With all employees in place and...

$1,575,000

$1,575,000

REAL ESTATE INCLUDED

Gaming Lounge & Bar with Slot Machines

Elmwood Park, IL

Well established gaming lounge on hard corner. Lots of potential with over 2500 sq ft. Currently a bar with some food. Up and running since 2017. Owner needs to move on. Take advantage of this unique...

$199,000

$199,000

Cash Flow: $150,000

Gaming Café w/Full Bar & Small Kitchen N Suburb-Heart Of Its Downtown!

Lake County, IL

A friendly neighborhood gaming café for adults to enjoy gaming, a beverage and delicious food, plus watch their favorite sports team. Features a semi-private gaming area featuring 6 video poker and...

$150,000

$150,000

Cash Flow: $50,000

Bar for sale with gaming

Peoria County, IL

Bar for sale doing 370,000 sales per year . 200,000 gaming income per year . Absentee owner . Call for more information....

$650,000

$650,000

Historic Bar For Sale - Gaming Room, NO Food Headaches. Includes R/E

REAL ESTATE INCLUDED

Springfield, IL

Own a piece of Springfield history with this 3,400 sq ft turnkey bar located in a high-visibility area. Recently updated with numerous modern improvements, this well-maintained property is ready for...

$595,000

$595,000

REAL ESTATE INCLUDED

Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000!

Elgin, IL

A popular upscale gastropub featuring amazing scratch-made comfort food including starters, wings, sides, salads, burgers, tavern sandwiches, tacos, Detroit-style pan pizzas and more. Alongside...

$125,000

$125,000

Cash Flow: $45,912

Bar & Grill w/ Gaming - Sangamon County

Sangamon County, IL

Ready to own the hottest spot in town? This well-established Bar & Grill is now available. A local favorite with loyal patrons, this fully operational business is ready for a new owner to step in and...

$259,000

$259,000

Roger Blomgren

Baird & Warner Commercial Real Estate

Serving Kendall County, IL

Baird & Warner Commercial specializes in the brokerage, sale and leasing of commercial, investment and residential real estate including single-family homes, retail, multi-family, condominium developments, industrial, office, land and special-use properties. We are part of one of the nation’s largest commercial real estate and finance organizations, The Inland Real Estate Group of Companies, Inc., allowing us to capitalize on a more than 45-year history of success in the real estate industry — both nationwide and right here at home in the Fox Valley.Inland Real Estate Brokerage, Inc. offers tailored, aggressive marketing strategies with a proven track record of success that enables you to buy or sell real estate with the confidence you would expect from a team of real estate professionals. With nearly 50 years of experience in buying and selling real estate, we continue to strive to understand our clients’ needs while working to exceed their expectations. The real estate professionals on our team have the skills and the knowledge to utilize the most direct and proven marketing campaigns to deliver consistent results.

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Multple Banquet Halls Under One Roof

REAL ESTATE INCLUDED

South Suburban, IL

Huge Opportunity, 4 Separate Elegant Diners & Other Income Centers...

$9,999,000

$9,999,000

Cash Flow: $1,345,670

REAL ESTATE INCLUDED

Well-Known Tavern Opportunity with PPA License

Chicago, IL

An exciting opportunity to acquire a well-established and highly recognizable tavern concept in one of Chicago’s most vibrant and desirable neighborhoods. This fully licensed operation includes both a...

$295,000

$295,000

Proven Smoke Shop Model For Sale

Chicago, IL

Low Labor Low Rent, PRICED LOW for Quick Sale...

$590,000

$590,000

Cash Flow: $165,000

Restaurant, Bar & Gaming with Real Estate on 1.5 acres

REAL ESTATE INCLUDED

Harvel, IL

Small town bar and grill with gaming for sale. Located off a major 2 lane state highway. The property is on 1.5 acres and has a full kitchen and outdoor patio area. Established business but owner has...

$155,000

$155,000

REAL ESTATE INCLUDED

Billiards, Bar, and Restaurant

Decatur, IL

When you pull into the parking lot, it doesn't look like much. But when you walk in, it feels comfortable. You notice the brightly lit pool tables, the friendly bar, and smell the fish frying on a...

$55,000

$55,000

Established Bar - $8,400 Gaming - Cheap Rent

Joliet, IL

HOT DEAL. This well established bar is about 3800 sq. ft. It has been around for about 40 years. Very easy to operate since there is no food. It seats around 140 people. The large space allows you to...

$195,000

$195,000

High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!

Chicago, IL

A truly unique social gathering place. A neighborhood bar & eatery with handcrafted cocktails, local & regional beers, unique wines and craveable food in an inviting, urban atmosphere. Offering an...

$3,999,000

$3,999,000

Cash Flow: $1,530,448

5,000 sq.ft. Bar - Gaming

Peoria, IL

This bar is about 5000 sq. ft. and it is very nice. There is a full kitchen and it does serve food. There are limited food options near this bar/restaurant so there is huge potential. Gaming is over...

$170,000

$170,000

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

Large Active Sports Bar-Western Suburbs

DuPage County, IL

30 years, established retail clients...

$750,000

$750,000

Cash Flow: $94,462

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

Buy or Sell a Bar Business in Illinois

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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