Businesses for Sale in Illinois

Browse 592 businesses currently for sale in Illinois with an average asking price of $1.5M. Find acquisition opportunities across industries.

Active Listings
592
Median Asking Price
$625K
Median SDE
$180K
Median Multiple
3.4x SDE
Avg Asking Price
$1.5M
Average SDE
$324K
Listed in Last 30 Days
168
Added This Week
39

Median figures are computed over the 409 listings currently browsable on this page. Averages and counts cover all 592 active listings tracked in the last 90 days.

Listings by Metro in Illinois

MetroListings
Chicago, IL190
Peoria, IL17

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Businesses for Sale in Illinois

Showing 313–336 of 410

Jun 10

Supper Club Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$159KFood & Beverage
Cash Flow:$97K
Multiple:1.6x
Why Buy

This distinctive supper club-style full-service restaurant generates over $1.4 million in annual revenue from a prime historic downtown location in an affluent western Chicago suburb, blending vintage charm with a creatively curated American menu featuring prime steaks, fresh seafood, and seasonal small plates. Weekly signature events including Thursday Rib Night, Friday Fish Fry, and Saturday Prime Rib drive predictable repeat traffic and strong customer loyalty. The intimate dining experience and local reputation for quality create a durable competitive position in a desirable suburban market.

Recurring RevenueSticky CustomersGrowth Trajectory
Aug 16

Discount And Liquidation Retail for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$600KRetail & E-commerce
Cash Flow:$203K
Multiple:3.0x
Why Buy

This Chicago-area discount and liquidation retailer generates $203K in SDE through established supplier relationships that provide access to name-brand merchandise at deep discounts, passed on to a loyal base of repeat bargain-hunting customers. The business benefits from consistent repeat traffic and proven inventory sourcing systems that support reliable margins. The discount retail model is structurally resilient across economic cycles as consumers seek value-oriented purchasing alternatives.

Recurring RevenueGrowth Trajectory
May 1

Signs And Large Format for Sale in Illinois

IL
$537KManufacturing & Production
Cash Flow:$168K
Multiple:3.2x
Why Buy

This B2B signs and large format printing franchise in Champaign, Illinois serves commercial clients with signage, banners, vehicle wraps, and marketing graphics through a nationally recognized franchise system with strong brand and operational support. The business model focuses on recurring commercial accounts that benefit from consistent reorder demand for promotional and operational signage needs. The franchise structure provides proven systems, national purchasing power, and franchisor support for a new owner entering the commercial print and signage market.

Growth TrajectorySticky Customers
Jun 10

Deli And Catering Business for Sale in Illinois

IL
$1.0MFood & Beverage
Cash Flow:$197K
Multiple:5.1x
Why Buy

This long-standing deli and catering operation in the Chicago metro southwest suburbs has served the community for over four decades, generating consistent high-volume revenue through both retail deli sales and full-service catering events. The menu spans house-made soups, specialty sandwiches, broasted chicken, and gelato, with catering extending to corporate, social, and community events. Deep local roots and decades of brand equity give a new owner a strong platform from which to grow.

Recurring RevenueSticky CustomersGrowth Trajectory
Jun 10

Established High-inventory Cigar Lounge for Sale in Illinois

IL
$1.9MRetail & E-commerce
Why Buy

This premium cigar lounge includes both the operating business and the underlying commercial real estate, with substantial value embedded in a high-end build-out and approximately $1 million in inventory. The business caters to the premium cigar enthusiast segment with a curated selection and a comfortable, upscale environment. Seller motivation and flexible financing terms, including seller-carried paper, create an accessible entry point for a qualified buyer interested in the specialty retail market.

Jun 10

Home Health Agency for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$600KHealthcare & Wellness
Why Buy

This licensed home health agency in the Chicago metro area serves a multi-county Illinois territory and maintains a census of approximately 70 patients under Medicare and managed care plans. The business has demonstrated revenue stability with consecutive years of growth approaching $850,000 in annual revenue and is 36-month-rule exempt, providing compliance certainty that is highly valuable to acquirers in the home health sector. Healthcare-specific industry experience is required, making this best suited for an existing home health operator or licensed clinical buyer.

Recurring RevenueGrowth TrajectoryRegulatory Risk
Aug 16

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$975KRetail & E-commerce
Why Buy

A branded gas station in the Chicago metro area generating approximately 55,000 gallons and $40,000 in monthly inside sales with supplemental ancillary income streams. The Lake County location benefits from Chicago-area density and traffic patterns that support reliable fuel and convenience retail volume. Strong SDE relative to asking price reflects a well-run operation with established customer flow.

Regulatory Risk
Jun 10

Profitable High-volume Gas Station for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.3MRetail & E-commerce
Why Buy

This Illinois gas station in the Chicago metro area combines fuel sales with an active automotive repair operation generating approximately $300,000 in annual mechanic revenue, creating a diversified income model from a single property. High fuel volume and competitive inside margins contribute to the overall economics alongside the repair business. The dual-revenue structure provides natural cash flow stability across market conditions.

Aug 16

Gas Station Convenience Store for Sale in Illinois

IL
$1.5MRetail & E-commerce
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 Chicago, IL

Chicago-Naperville-Elgin, IL
$1.5MRetail & E-commerce
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

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.

Aug 16

Branded Gas Station for Sale in Indianapolis, IL

Chicago-Naperville-Elgin, IL
$2.6MRetail & E-commerce
Why Buy

This branded interstate gas station in Illinois generates fuel volume of 50,000 gallons monthly along with strong inside sales, supplemented by rental income and gaming revenue that diversify total cash flow. Absentee ownership confirms the business operates effectively without on-site owner management. The four-acre land holding adds real asset value beyond the operating business itself.

Absentee OwnerRegulatory RiskLow Margins
Jun 10

Truck Stop Fuel Retailer for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$2.7MRetail & E-commerce
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 Illinois

IL
$699KRetail & E-commerce
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.

Aug 16

Gas Station Convenience Store for Sale in Illinois

IL
$2.6MRetail & E-commerce
Why Buy

A branded fuel and convenience retailer in northern Illinois with strong inside sales, high fuel throughput, and supplemental income from lottery, ATM, gaming, and rental tenants. The diversified revenue base across six distinct income streams creates resilience that single-revenue fuel operators typically lack. High margins and an active ancillary income profile make this an attractive acquisition for a motivated owner-operator.

Recurring RevenueRegulatory Risk
Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$4.0MRetail & E-commerce
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

Absentee-run Profitable Bar With Gaming for Sale in Peoria, IL

Peoria, IL
$650KEntertainment & Recreation
Why Buy

This Peoria, Illinois bar generates approximately $370,000 in annual sales with a substantial gaming income component of $200,000 per year, creating a resilient dual-revenue model. Absentee ownership demonstrates that the business operates independently without requiring daily owner presence. Gaming revenue in Illinois bars is a licensed, regulated income stream that adds significant cash flow stability beyond food and beverage sales.

Absentee Owner
Jun 10

Gas Station Convenience Store for Sale in Illinois

IL
$1.4MRetail & E-commerce
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
Aug 16

Branded Gas Station for Sale in Springfield, IL

Springfield, IL
$1.4MRetail & E-commerce
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

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$4.0MRetail & E-commerce
Why Buy

A branded gas station in the Chicago metro area generating 50,000 gallons and $130,000 in monthly inside sales under absentee ownership, with additional supplemental income streams and very high retail margins. The Cook County location in one of the nation's densest metro markets provides a structural traffic advantage that supports sustained volume without heavy marketing investment. The absentee operation suggests upside for a hands-on owner-operator who can optimize staffing and merchandising.

Absentee OwnerRegulatory Risk
Jun 10

Full Service Landscaping Company for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.0MHome Services
Cash Flow:$243K
Multiple:4.2x
Why Buy

This Chicago-area landscaping company provides design, build, installation, paving, drainage, and lighting services to a diversified client base spanning government, corporate, and residential accounts. The business carries a substantial inventory included in the sale and employs long-tenured staff, both of which facilitate a smooth operational transition. Revenue has remained resilient through economic downturns, reflecting the essential and recurring nature of its contracted client relationships.

Recurring RevenueSticky CustomersGrowth Trajectory
Aug 16

Profitable Absentee-run Grocery Store for Sale in Illinois

IL
$1.9MRetail & E-commerce
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
Aug 16

Branded Gas Station for Sale in Peoria, IL

Peoria, IL
$3.0MRetail & E-commerce
Why Buy

This branded interstate fuel station in the Peoria, Illinois metro generates strong inside sales and diesel revenues driven by consistent highway traffic. Gaming income adds a meaningful supplemental revenue layer, and the absentee ownership structure demonstrates that the business operates effectively without day-to-day owner involvement. The site's interstate positioning and truck parking capability provide a durable competitive moat.

Absentee OwnerLow MarginsRegulatory Risk
Aug 16

Grocery Store for Sale in St. Louis, IL

St. Louis, IL
$3.0MRetail & E-commerce
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

Top Industries in Illinois

Frequently Asked Questions

How many businesses are for sale in Illinois?
There are currently 592 businesses listed for sale in Illinois, with 39 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 $625K, with prices ranging from $5K to $87.8M.
What multiple of earnings do businesses in Illinois list for?
Across the 409 businesses currently browsable in Illinois, the median asking price is $625K and the median seller's discretionary earnings (SDE) is $180K. The median asking price works out to 3.4x 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 Food & Beverage, Retail & E-commerce, Healthcare & Wellness, Professional Services, Home Services.
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:

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