Cook County, IL
Seller may consider selling building which is a mixed use property with an updated 4 bedroom, 1.5 bath apartment on the 2nd floor. A neighborhood staple is what you will experience owning this gem of...
$600,000
Bars, Pubs and Taverns For Sale in Illinois
Market Info
Neighborhood Bar & Grill w/Gaming Southwest Suburbs of Chicago
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...
$349,999
3
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
Auction
Turnkey Full-Service Restaurant with all FF&E
Gurnee, IL
Online auction: November 17-19, 2025
- Spacious dining areas | Full bar | Office
- Minutes from Gurnee Mills Mall & Six Flags
$250,000 starting bid
37
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
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 and the broiler has recently been replaced. Large walk-in freezer...
$50,000
Cash Flow: $29,500
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
Cash Flow: $132,156
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
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
$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
Cash Flow: $211,081
FranchiseCheckers & Rally’s Restaurants
Available in Illinois
Checkers & Rally’s is an award-winning hamburger QSR brand, known for its World Famous fries and the innovator of the double drive thru. Checkers & Rally’s takes a practical approach that drives profitability, which is a recipe for financial success.
$350,000
See More FranchisesBar/Video Gaming Lounge 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...
$299,000
HIGH UPSIDE Video Gaming Cafe
Bridgeview, IL
Opportunity of a lifetime to own a TURNKEY GAMING BUSINESS! Start making money on day 1 with extremely low expenses and a fully operational business Prime retail space across from huge Pilot truck...
5
$100,000
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
Cash Flow: $60,000
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 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
Ray Ives
Transworld Business Advisors of Schaumburg, IL
Serving DuPage County, IL
Helping Entrepreneurs for 45+ Years. Transworld Business Advisors was founded in 1979 and it quickly grew into one of the largest business brokerage firms in the United States. Transworld has more than 250 locations around the world and has helped more than 15,000 business owners sell their businesses. We are the leading business broker and we want to ensure your experience is one that is met with professionalism, client satisfaction and the highest level of expertise.
Contact me
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
Profitable Turnkey Pizza & Sports Bar – Consistent Cash Flow, Absentee
Cook County, IL
$630,000
Microbrewery and tap room for sale
New Lenox, IL
$500,000
Established bar and grill business for sale
Caseyville, IL
$150,000
Legendary Chicago Nightclub & Bar w/Real Estate ~ Huge Value & Upside!
REAL ESTATE INCLUDED
Chicago, IL
$1,400,000
FranchiseVitality Bowls
Available in Illinois
$75,000
Bar, Banquet Hall , Restaurant & Video Gaming
Country Club Hills, IL
$180,000
High Volume Bar with Property
Joliet, IL
$1,350,000
Turn-Key Bar and Grill in Wheeling!! $123,723 in Owner Benefit
Wheeling, IL
$299,000
Popular Independent Gaming Bar Boone County-Bustling Downtown District
Boone County, IL
$150,000
Sports Bar with Real Estate – Sales over $2.4 Million a Year!
REAL ESTATE INCLUDED
Madison County, IL
$1,575,000
Gaming Lounge & Bar with Slot Machines
Elmwood Park, IL
$199,000
Gaming Café w/Full Bar & Small Kitchen N Suburb-Heart Of Its Downtown!
Lake County, IL
$150,000
Bar for sale with gaming
Peoria County, IL
$650,000
Historic Bar For Sale - Gaming Room, NO Food Headaches. Includes R/E
REAL ESTATE INCLUDED
Springfield, IL
$595,000
Very Popular Established Pub w/Gaming Elgin, IL - Sales Over $724,000!
Elgin, IL
$149,000
FranchiseLean Kitchen Company
Available in Illinois
$75,000
Bar & Grill w/ Gaming - Sangamon County
Sangamon County, IL
$259,000
Multple Banquet Halls Under One Roof
REAL ESTATE INCLUDED
South Suburban, IL
$9,999,000
Well-Known Tavern Opportunity with PPA License
Chicago, IL
$295,000
Proven Smoke Shop Model For Sale
Chicago, IL
$590,000
Restaurant, Bar & Gaming with Real Estate on 1.5 acres
REAL ESTATE INCLUDED
Harvel, IL
$155,000
FranchiseTeriyaki Madness
Available Nationwide
$200,000
Billiards, Bar, and Restaurant
Decatur, IL
$55,000
Hugely Popular Pizzeria & Sports Bar w/Gaming - Booming SW Suburb!
Will County, IL
$450,000
Established Bar - $8,400 Gaming - Cheap Rent
Joliet, IL
$195,000
High-Volume Bar & Restaurant Franchise Chicago, IL - Sales Over $5.2M!
Chicago, IL
$3,999,000
Route 66 Retail Store, Bar & Tasting Room
Logan County, IL
$170,000
Cheryl Hwang
Aenergy Corp
Serving Cook County, IL
Contact me
5,000 sq.ft. Bar - Gaming
Peoria, IL
$170,000
Well-Established Local Bar w/Gaming-Prime Historic Downtown Location!
McHenry County, IL
$150,000
Well Known, High Revenue, Restaurant and Bar Establishement!
REAL ESTATE INCLUDED
Verona, IL
$1,599,000
Large Active Sports Bar-Western Suburbs
DuPage County, IL
$750,000
Established Corner Bar/ Restaurant Concept
Chicago, IL
$195,000
FranchiseAnchor Bar
Available Nationwide
$350,000
Nice Bar - Food $140,000 Gaming
Peoria County, IL
$450,000
Asset SaleName your price!
De Soto, IL
$1,000
Asset SaleTo-Go Restaurant + Full-Service Bar Highly-Affluent Indian Head Park,
Indian Head Park, IL
$125,000
Asset SaleProven Bar and Grill Bring your own Restaurant Brand, Must Sale
Crest Hill, IL
$349,000
Real EstateBeloved Freestanding Bar w/Kitchen Bellwood, IL - Property Included!
Bellwood, IL
$650,000
Real EstateHigh-Profile Restaurant/Retail/Business Opportunity on Central Street
Evanston, IL
Not Disclosed
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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