Restaurant Building for Sale in Chicago, IL
Last confirmed active 26 days ago. Listings are re-checked about every two weeks.
Why this business stands out
A fully built-out restaurant property in the Chicago metro area combining an operating restaurant business with owned commercial real estate, featuring over 8,000 square feet, an outdoor patio, significant street frontage, and a multi-tenancy setup offering flexible use options. The property and business have been in operation since 2017 and include dedicated parking and a versatile two-story layout suitable for food and beverage or mixed commercial use. Seller financing is available, improving accessibility for qualified buyers seeking both operating income and real estate asset value.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $3,100,000
- Cash flow (SDE/EBITDA)
- $210,768
- Est. down payment (10%)
- $310,000
- Est. SBA loan (10yr @ 10.5%)
- $2,790,000
- Est. monthly payment
- $37,647
- Annual debt service
- $451,762
- Owner cash flow after debt
- -$240,994
Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.
The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.
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- Exact city & location
- Full business description
- Broker & contact details
- Detailed financials
Frequently asked questions
How much does this food & beverage business cost?
The asking price is $3,100,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
What is the cash flow and valuation multiple?
This business reports approximately $210,768 in annual cash flow (SDE/EBITDA), implying a 14.7x multiple on the asking price.
Where is this food & beverage business located?
It operates in the Chicago-Naperville-Elgin area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.