Businesses for Sale in Illinois

Browse 755 businesses currently for sale in Illinois with an average asking price of $1.7M. Find acquisition opportunities across industries.

Active Listings
755
Median Asking Price
$799K
Median SDE
$200K
Median Multiple
3.7x SDE
Avg Asking Price
$1.7M
Average SDE
$367K
Listed in Last 30 Days
414
Added This Week
93

Median figures are computed over the 411 listings currently browsable on this page. Averages and counts cover all 755 active listings tracked in the last 90 days.

Listings by Metro in Illinois

MetroListings
Chicago, IL195
Peoria, IL12

Browse 410 listings free. Sign up free to unlock exact locations, broker contacts, and the full in-app deal feed.

Get started free

Businesses for Sale in Illinois

Showing 241264 of 410

Jun 10

Steel Fabrication Company for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$625KManufacturing & Production
Cash Flow:$221K
Multiple:2.8x
Why Buy

This Chicago metro steel fabrication and welding operation holds government contracts with city and state entities and has received numerous industry awards, providing both credibility and a diversified revenue base. The shop handles a broad range of structural and custom metal fabrication work across commercial and infrastructure applications. The business's minority enterprise status may provide procurement advantages in government contract bidding, adding a strategic value layer for qualifying buyers.

4w ago

Gas Station Convenience Store for Sale in Illinois

IL
$1.5MRetail & E-commerce
Cash Flow:$200K
Multiple:7.5x
Why Buy

A branded interstate gas station in central Illinois generating strong fuel and inside sales volumes, supplemented by gaming income and a fast food franchise generating additional rent income. The interstate location and diversified revenue mix — fuel, convenience retail, gaming, and food service rent — reduce dependence on any single income stream. This is a well-rounded convenience retail operation suited for an experienced owner-operator.

Jun 10

Gas Station Convenience Store for Sale in Illinois

IL
$1.4MRetail & E-commerce
Cash Flow:$300K
Multiple:4.7x
Why Buy

A branded fuel and convenience operation in central Illinois generating strong inside sales alongside fuel volume and supplemental income streams. The business benefits from national brand recognition and diversified revenue across fuel, in-store retail, and ancillary services. This type of asset appeals to owner-operators and investors seeking a tangible, cash-flowing retail business with multiple income levers.

Recurring Revenue
Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.9MRetail & E-commerce
Cash Flow:$132K
Multiple:14.4x
Why Buy

A convenience fuel retailer in the Chicago metro area generating revenue across fuel sales, in-store retail, lottery, U-Haul commissions, and gaming — a diversified income profile uncommon in single-site fuel retail. The business currently operates under absentee ownership, indicating systems and staff are in place for semi-passive management. Multiple revenue streams reduce dependence on fuel margins alone and offer a new operator clear levers for improvement.

Absentee Owner
Jun 10

Roofing Contractor for Sale in Illinois

IL
$1.6MConstruction & Trades
Cash Flow:$348K
Multiple:4.7x
Why Buy

This Illinois-based roofing contractor has built a large customer base with a perfect five-star review record, creating a powerful referral engine and strong brand reputation. Seasonal work patterns allow for operational flexibility including off-season diversification or owner downtime. The combination of scale, reputation, and low digital presence suggests meaningful revenue upside for a buyer willing to invest in marketing and automation.

Jun 10

Branded Gas Station for Sale in Springfield, IL

Springfield, IL
$1.4MRetail & E-commerce
Cash Flow:$168K
Multiple:8.2x
Why Buy

This branded gas station in the Springfield, Illinois area generates 40,000 gallons of fuel sales monthly alongside $115,000 in monthly inside sales, with supplemental other income streams contributing additional cash flow. High product margins on both fuel and inside merchandise support attractive overall profitability. The established branded flag and consistent volume make this a straightforward acquisition for an operator experienced in convenience retail.

Jun 10

Profitable Absentee-run Grocery Store for Sale in Illinois

IL
$1.9MRetail & E-commerce
Cash Flow:$378K
Multiple:5.0x
Why Buy

This Illinois grocery store generates approximately $4.2 million in annual sales with high margins and no direct local competition, creating a defensible market position. The absentee ownership model and strong profitability metrics make it attractive to investors seeking passive income from a necessity-based retail category. Grocery stores in underserved markets with no direct competition are particularly resilient, benefiting from consistent and recurring consumer demand.

Absentee Owner
Jun 10

Truck Stop Fuel Retailer for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$2.7MRetail & E-commerce
Cash Flow:$400K
Multiple:6.8x
Why Buy

A mini truck stop in the greater Chicago area serving commercial diesel demand alongside consumer gasoline sales and in-store convenience retail, with additional gaming income. Diesel-focused operations typically command stronger per-gallon margins than consumer fuel, and the commercial trucker customer base provides predictable, high-volume throughput. Gaming and inside sales further diversify the revenue base beyond fuel.

Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.4MRetail & E-commerce
Cash Flow:$150K
Multiple:9.3x
Why Buy

A branded gas station in the Chicago metro area generating 40,000 gallons and $45,000 in monthly inside sales with additional ancillary income, operating in Will County within the broader Chicago trade area. The branded fuel supply agreement and consistent convenience retail volume provide a predictable income profile for a buyer seeking a stable owner-operator business. Supplemental income streams add diversification beyond core fuel and retail revenue.

High CapEx
Jun 10

High-cash-flow Absentee-run Flagged Motel for Sale in Illinois

IL
$3.9MEntertainment & Recreation
Cash Flow:$325K
Multiple:12.0x
Why Buy

This branded motel in Illinois generates approximately $1.3 million in room revenue and operates under absentee ownership with a management team in place. The absence of a required property improvement plan reduces near-term capital expenditure risk for an incoming buyer. Strong cash flow relative to the asking price makes this a compelling owner-operator or investor acquisition target.

Absentee Owner
Jun 10

Corporate Catering Company for Sale in Illinois

IL
$1.3MFood & Beverage
Cash Flow:$381K
Multiple:3.4x
Why Buy

This Illinois catering business generates nearly $381,000 in annual profit from a predominantly corporate client base, with the majority of revenue driven by repeat and preferred-vendor engagements rather than one-time events. The recurring revenue model reduces sales and marketing dependency and provides predictable forward bookings. Corporate catering's high-repeat-purchase dynamics and preferred-vendor status make this an unusually defensible cash flow business.

Recurring RevenueSticky Customers
Jun 10

Gas Station Convenience Store for Sale in Illinois

IL
$699KRetail & E-commerce
Cash Flow:$140K
Multiple:5.0x
Why Buy

A branded fuel retailer in central Illinois with steady convenience store sales and supplemental monthly income beyond fuel margins. The business offers a manageable scale suited to an owner-operator entering the petroleum retail sector. Branded affiliation provides marketing support and fuel supply consistency that independent stations typically lack.

Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$4.0MRetail & E-commerce
Cash Flow:$270K
Multiple:14.8x
Why Buy

A branded fuel and convenience operation in the Chicago metro area with strong inside sales volume, meaningful rental income, and absentee ownership in place. High margins across both fuel and in-store categories support a compelling return profile relative to the asking price. The absentee structure is attractive to investors seeking a manageable asset without full-time operational involvement.

Absentee Owner
Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.5MRetail & E-commerce
Cash Flow:$180K
Multiple:8.2x
Why Buy

A branded fuel and convenience retailer in the northern Chicago suburbs generating consistent inside sales and fuel volume alongside supplemental monthly income. National brand affiliation provides fuel supply stability and consumer trust that supports steady traffic. The business offers a straightforward entry point into petroleum retail for an owner-operator or strategic acquirer adding to an existing portfolio.

High CapEx
Jun 10

Grocery Store for Sale in St. Louis, IL

St. Louis, IL
$3.0MRetail & E-commerce
Cash Flow:$300K
Multiple:9.8x
Why Buy

A high-volume grocery store in the St. Louis metro area generating $400,000 in monthly sales and an additional $10,000 per month in gaming income, currently operated under absentee ownership. The store holds a gaming license and benefits from limited local competition, supporting above-average margins in a market with strong consumer demand. The existing absentee ownership model suggests meaningful earnings upside under active management.

Absentee Owner
Jun 10

Physical Therapy Franchise for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$999KHealthcare & Wellness
Cash Flow:$180K
Multiple:5.5x
Why Buy

Three physical therapy franchise locations operating in a high-demand Chicago suburban corridor benefit from strong brand recognition, proven clinical systems, and comprehensive franchisor support that allows non-clinical ownership. The suburban market has demonstrated robust and growing demand for outpatient therapy services, and the franchise model reduces operational risk relative to an independent clinic. A new owner does not need a clinical background, making this accessible to business operators with general management experience.

Growth TrajectorySticky Customers
4w ago

Cabinet Sales & Distribution for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.5MWholesale & Distribution
Cash Flow:$270K
Multiple:5.6x
Why Buy

Operating from a 22,000-square-foot warehouse in the Chicago metropolitan area, this cabinet sales and assembly company distributes European and value-priced product lines to both consumers and commercial accounts, supported by over $1 million in on-hand inventory included in the sale. Multiple hard assets — including vehicles, forklifts, and fabrication equipment — transfer with the business, providing a buyer with significant tangible value alongside the operating cash flow. Significant seller financing is available, lowering the buyer's capital requirement at close.

High CapEx
Jun 10

Plumbing & Hvac Company for Sale in Illinois

IL
$1.4MHome Services
Cash Flow:$265K
Multiple:5.3x
Why Buy

This Illinois contractor combines plumbing, HVAC, and electrical services under one operational roof, making it more resilient to single-trade seasonality and able to serve customers more comprehensively than single-discipline competitors. Non-discretionary demand for plumbing and mechanical services provides a reliable revenue base regardless of broader economic conditions. Multiple service lines and an experienced team support immediate revenue continuity for a new owner with trade or operational management experience.

Absentee OwnerSticky Customers
Jun 10

Internal Medicine Practice for Sale in Illinois

IL
$1.4MHealthcare & Wellness
Cash Flow:$426K
Multiple:3.3x
Why Buy

This Chicago-area internal medicine practice averages $1.4M in annual collections with 5,000 active patient charts and a 3,800 sq ft modern facility. Strategic positioning near multiple hospitals and a strong referral base support both near-term stability and long-term expansion into a multi-provider group or hospitalist division. At $426K in annual cash flow, this is a well-capitalized practice acquisition for a physician or healthcare investor seeking an established platform with clear upside.

Sticky CustomersGrowth TrajectoryRecurring Revenue
Jun 10

Dessert Franchise Group for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.6MFood & Beverage
Cash Flow:$327K
Multiple:4.9x
Why Buy

This Illinois multi-unit dessert franchise group operates three locations in affluent suburban Chicago communities, generating strong combined earnings under a nationally recognized rotating-menu brand. The franchise model provides centralized marketing support, proven systems, and significant customer loyalty driven by weekly menu novelty that brings repeat visits. A buyer acquires an operational platform with management teams in place and the potential to expand into additional franchise territories.

Growth TrajectorySticky Customers
Jun 10

Breakfast & Lunch Diner for Sale in Illinois

IL
$1.1MFood & Beverage
Cash Flow:$265K
Multiple:4.2x
Why Buy

This Illinois full-service breakfast and lunch restaurant has operated at the same location for decades, generating one and a half million dollars in annual sales through a classic American diner menu with broad appeal. The business owns its real estate, providing a buyer with both operating cash flow and a tangible property asset at a combined purchase price. Dine-in, carryout, and third-party delivery channels diversify revenue, and the long track record of community loyalty provides immediate customer volume for a new owner.

Sticky Customers
Jun 10

Established Profitable Hvac Company for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$625KHome Services
Cash Flow:$205K
Multiple:3.0x
Why Buy

This residential and commercial HVAC service business operates in the Chicago metro area with nearly $1 million in annual gross billings and strong discretionary earnings. The company employs a lean team supplemented by subcontractors, providing flexibility to scale capacity with demand. Year-round service requirements in the Midwest climate and an established customer base support consistent revenue for a new owner or strategic acquirer.

Recurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Metal Fabrication Company for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$3.9MManufacturing & Production
Cash Flow:$685K
Multiple:5.6x
Why Buy

A structural and miscellaneous metals fabrication business in the Chicago metro area operating from roughly 38,000 total square feet of owned facility space — including an operating fabrication building and a separately fenced outdoor storage parcel — with CNC machinery and a skilled fabrication team handling custom and production work. The business serves a diversified mix of clients across the region with a reputation for quality workmanship and reliable delivery. Owned real estate provides a significant tangible asset component alongside the operating business cash flow.

Sticky CustomersHigh CapEx
Jun 10

Real Estate Acquisition Company for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.5MReal Estate Services
Cash Flow:$552K
Multiple:2.7x
Why Buy

This Chicago-area real estate acquisition and redevelopment business sources, renovates, and repositions residential properties in high-demand markets through a relationship-driven approach with streamlined deal identification and execution systems. The business model generates strong returns on invested capital through a disciplined acquisition and value-add strategy, supported by an experienced team and established market relationships. The scalable operating systems and proven deal flow pipeline provide an acquiring buyer with a replicable platform for continued growth in the residential real estate investment sector.

Growth TrajectoryKey Person Risk

Top Industries in Illinois

Frequently Asked Questions

How many businesses are for sale in Illinois?
There are currently 755 businesses listed for sale in Illinois, with 93 new listings added in the past week.
What is the average asking price for a business in Illinois?
The median asking price for businesses in Illinois is $799K, with prices ranging from N/A to $97.5M.
What multiple of earnings do businesses in Illinois list for?
Across the 411 businesses currently browsable in Illinois, the median asking price is $799K and the median seller's discretionary earnings (SDE) is $200K. The median asking price works out to 3.7x SDE. Multiples vary with size, growth, and owner dependence, so treat this as a benchmark rather than a rule.
What industries are most common in Illinois?
The most common industries for businesses for sale in Illinois are Retail & E-commerce, Food & Beverage, Healthcare & Wellness, Professional Services, Manufacturing & Production.
Can I buy a business in Illinois with an SBA loan?
Yes, many businesses for sale in Illinois qualify for SBA 7(a) financing. SBA loans typically cover 75-90% of the purchase price with 10-year terms, making acquisitions accessible for self-funded searchers.
How do I find the right business to buy in Illinois?
Start by defining your acquisition criteria (industry, price range, location, and minimum cash flow). Searcher OS helps you filter through thousands of listings, analyze CIMs, and manage your deal pipeline from initial interest through closing.

Buying a Business in Illinois

Illinois offers a diverse range of businesses for acquisition, from established service companies to growing retail operations. Whether you're a first-time buyer or an experienced acquirer, understanding the local market is key to finding the right opportunity.

Most businesses in this price range qualify for SBA 7(a) financing, which covers up to 90% of the purchase price. Learn more about the acquisition process in our guides:

Access 755 Illinois Deals

Get full access to every listing with detailed financials, broker contact info, AI-powered analysis, and pipeline management tools. Start free, no credit card required.

Start Free, no credit card

No credit card · Paid plans add a 7-day trial