Food & Beverage Businesses for Sale in Illinois

This Illinois mixed-use historic commercial building combines a functioning restaurant with residential apartment units in a high-visibility downtown location, offering multiple income streams and long-term real estate appreciation potential. Permanent high-value fixtures including a custom wood-fired oven, artisan bar, and outdoor dining courtyard are already in place, reducing future build-out costs for a buyer entering the hospitality or events space. The property's architectural character, central location, and infrastructure investment create a compelling combined business-and-real-estate acquisition at a price supported by meaningful cash flow.

This specialty European grocery and deli serves a loyal customer base seeking authentic Eastern European and Balkan imported foods, freshly prepared sandwiches, soups, and desserts in a neighborhood retail setting. The business generates additional revenue through catering services and online orders, providing diversification beyond in-store foot traffic. At $20K in SDE on a $220K asking price, this is a lifestyle acquisition best suited for an owner-operator with food retail experience seeking to build on an established community anchor.

This full-bar restaurant in Illinois offers both food and beverage revenue streams, with seller's discretionary earnings of $100,000 against an asking price of $250,000. The combination of dining and a liquor license creates multiple revenue opportunities and positions the business to serve a broad range of guests. The competitive acquisition multiple makes this an accessible entry point for an owner-operator in the food and beverage space.

This Illinois neighborhood bar has served its downtown suburban market for decades, building deep community roots and consistent patronage across a loyal local customer base. The property features a large outdoor beer garden that differentiates the concept within a vibrant entertainment district surrounded by dining, retail, and nightlife. Stable cash flow, an identifiable brand, and a long track record of continuous operation make this an attractive acquisition for a hospitality operator seeking an established community anchor.

This full-service catering operation in the Peoria, Illinois metro has sustained over $2 million in annual sales for consecutive years, supported by a tenured employee base and low occupancy costs. The business includes more than $150,000 in equipment and furniture, providing a strong tangible asset base alongside its revenue. Long-term staff continuity and a proven track record make this an appealing turnkey acquisition with room for expansion.

This Illinois natural and specialty food retail business has served its community for over three decades, developing multi-generational customer loyalty in a university market. The property sits on nearly an acre of prime commercial land with nearly 10,000 square feet of modern retail space included in the sale. The real estate combined with a proven business model creates a dual-value acquisition for a buyer seeking both operating income and property ownership.

This independent coffee shop and café operates out of a restored historic building in rural Illinois, offering coffee, food, and a community gathering space that has become a local institution. The business was built with significant upfront investment in the facility and has developed strong repeat patronage and community identity over its years of operation. The opportunity suits a hospitality-oriented owner-operator seeking a lifestyle business with loyal traffic and a differentiated physical environment.