Businesses for Sale in Illinois

Browse 578 businesses currently for sale in Illinois with an average asking price of $1.6M. Find acquisition opportunities across industries.

Active Listings
578
Median Asking Price
$675K
Median SDE
$193K
Median Multiple
3.6x SDE
Avg Asking Price
$1.6M
Average SDE
$322K
Listed in Last 30 Days
162
Added This Week
30

Median figures are computed over the 393 listings currently browsable on this page. Averages and counts cover all 578 active listings tracked in the last 90 days.

Listings by Metro in Illinois

MetroListings
Chicago, IL183
Peoria, IL17

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Businesses for Sale in Illinois

Showing 265–288 of 397

Jun 10

Juice & Smoothie Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$79KFood & Beverage
Cash Flow:$48K
Multiple:1.6x
Why Buy

This juice, smoothie, and superfood bar franchise unit is positioned in one of Chicago's most active neighborhood retail corridors, benefiting from consistent day-to-night foot traffic driven by a dense residential and commercial customer base. The concept targets the fast-growing health and wellness consumer segment with cold-pressed juices, acai bowls, superfood smoothies, and wellness shots. The franchise model provides brand recognition and operational systems, reducing the learning curve for a new operator.

Growth TrajectorySticky Customers
Jun 10

Juice & Smoothie Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$79KFood & Beverage
Cash Flow:$25K
Multiple:3.2x
Why Buy

This national juice and superfood bar franchise operates within a large mixed-use lifestyle development in Chicago's Lincoln Park neighborhood, serving a dense live-work-play community with built-in daily foot traffic. The concept addresses consumer demand for clean, convenient better-for-you food and beverage options across breakfast, lunch, and post-workout dayparts. The franchise model provides proven systems and national brand support, allowing a new operator to benefit from established customer recognition.

Growth Trajectory
Jun 10

Take & Bake Pizza for Sale in Peoria, IL

Peoria, IL
$149KFood & Beverage
Cash Flow:$90K
Multiple:1.6x
Why Buy

This take-and-bake pizza franchise unit operates in a high-traffic retail corridor in the Peoria, Illinois market, offering a differentiated model where customers purchase freshly made-in-store pizzas to bake at home. The format significantly reduces labor costs, equipment complexity, and operational overhead compared to traditional full-service pizzerias, contributing to strong owner earnings. The established franchise brand and proven unit economics provide a lower-risk entry point relative to an independent concept startup.

Recurring RevenueSticky Customers
Jun 10

Gastropub Restaurant & Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$175KFood & Beverage
Cash Flow:$130K
Multiple:1.3x
Why Buy

This full-service modern American gastropub operates in an affluent western Chicago suburb surrounded by luxury retailers, hotels, and dense high-income residential neighborhoods, driving a broad customer base of both casual and upscale diners. The concept blends a chef-driven menu with craft cocktails, an extensive wine list, and 20-plus beers on tap, generating strong per-cover revenue. The business has earned a loyal local following and is offered turnkey with substantial infrastructure already in place.

Sticky Customers
Jun 10

Cafe & Deli Coffee for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$200KFood & Beverage
Cash Flow:$57K
Multiple:3.5x
Why Buy

This café, deli, and coffee shop has operated for over two decades in the heart of a historic downtown in Chicago's far northwest suburbs, building a loyal multi-generational customer base through a diverse menu of handcrafted foods, baked goods, and espresso beverages. The high-foot-traffic main street location with both pedestrian and vehicle visibility supports consistent daily revenue without heavy marketing spend. The long operating history and unique blended concept create a durable community asset with meaningful brand equity.

Sticky CustomersRecurring RevenueGrowth Trajectory
Jun 10

Turnkey Restaurant & Bar for Sale in Illinois

IL
$150KFood & Beverage
Cash Flow:$75K
Multiple:2.0x
Why Buy

This fully built-out restaurant and bar space is located in a historic downtown district of a far northwest Chicago suburb, steps from a river and surrounded by walkable retail and dining. The recent substantial investment in infrastructure, systems, and finishes allows a new operator to open quickly with significantly reduced upfront capital compared to a ground-up buildout. The flexible space is well-suited for an experienced operator or restaurant group looking to expand or launch a new concept in a high-visibility downtown corridor.

Growth Trajectory
Jun 10

Breakfast & Lunch Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$275KFood & Beverage
Cash Flow:$180K
Multiple:1.5x
Why Buy

This breakfast and lunch restaurant has operated in a dense, high-traffic Chicago neighborhood for multiple decades, building a loyal multi-generational following through an extensive menu, generous portions, and consistent quality. The updated interior features abundant natural light, counter and booth seating, and a fully equipped commercial kitchen designed for high-volume throughput. Strong community brand recognition and proven daily traffic patterns provide a stable revenue foundation for an incoming operator.

Sticky CustomersRecurring Revenue
Jun 10

Bbq Restaurant & Bar for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$138KFood & Beverage
Cash Flow:$91K
Multiple:1.5x
Why Buy

This full-service BBQ restaurant and bar has operated in the greater Chicago metro area for nearly five decades, earning an iconic neighborhood reputation and a deeply loyal multi-generational customer base through authentic Midwestern-style barbecue and a recently remodeled interior. The full bar adds a complementary revenue stream to food sales, while a catering program provides incremental income beyond on-premise dining. The combination of decades of brand equity, a modern kitchen with specialized BBQ equipment, and strong owner earnings relative to asking price presents a compelling acquisition opportunity.

Sticky Customers
Jun 10

Japanese Sushi Restaurant for Sale in Illinois

IL
$110KFood & Beverage
Cash Flow:$58K
Multiple:1.9x
Why Buy

This full-service sushi restaurant has operated for nearly two decades along a high-volume retail arterial in a Chicago suburb, building a loyal customer base through fresh, high-quality fish and an extensive menu covering classic rolls, nigiri, sashimi, and traditional Japanese dishes. The restaurant serves both lunch and dinner with dine-in, takeout, and third-party delivery channels, diversifying revenue across multiple ordering formats. Long tenure and consistent quality have created a durable competitive position in its local trade area.

Sticky Customers
Jun 10

Neighborhood Pizzeria for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$155KFood & Beverage
Cash Flow:$71K
Multiple:2.2x
Why Buy

This independent carryout and delivery pizzeria operates in one of Chicagoland's most desirable western suburban markets, serving a loyal neighborhood customer base through a diverse menu of thin-crust, pan, and specialty pizzas alongside Italian entrees and pasta. The no-seating counter-service model minimizes labor and overhead costs while a large catering business adds a high-margin revenue stream beyond core delivery operations. The independent structure carries no franchise fees, allowing the owner to retain a higher share of revenue than a comparable franchise concept.

Sticky Customers
Jun 10

Carryout & Delivery Pizza for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$450KFood & Beverage
Cash Flow:$159K
Multiple:2.8x
Why Buy

This beloved neighborhood pizza operation in an affluent western Chicago suburb has generated consistent repeat business for over two decades through authentic Chicago-style pizzas and a streamlined carryout and delivery model with no dine-in seating. The simple counter-service operation keeps overhead low while strong year-over-year revenue growth demonstrates robust local demand. The independent structure eliminates royalty and advertising fees, delivering superior economics compared to franchise alternatives.

Sticky CustomersGrowth TrajectoryRecurring Revenue
Jun 10

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$300KFood & Beverage
Cash Flow:$163K
Multiple:1.8x
Why Buy

This chef-owned farm-to-table restaurant in a Chicago north suburb has built a 20-year track record of critical acclaim and community loyalty, generating over $2.9 million in annual revenue through a seasonally driven menu emphasizing locally sourced ingredients. The restaurant has become a regional dining destination known for culinary excellence and a warm neighborhood atmosphere, creating a durable brand that supports premium pricing and strong repeat visitation. Long-standing acclaim and an entrenched loyal following reduce customer acquisition costs and provide meaningful downside protection for an acquiring operator.

Recurring RevenueSticky Customers
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
Apr 28

Full Service Restaurant for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.2MFood & Beverage
Cash Flow:$264K
Multiple:4.5x
Why Buy

This Illinois full-service restaurant and bar includes gaming machines, multiple dining areas, and banquet facilities, offering diversified revenue across dining, bar service, private events, and video gaming. Located on a primary regional corridor with a freestanding building on over three acres, the property and business together present a rare combination of real estate and operating income. The banquet and catering component adds incremental high-margin revenue to an already diversified model.

Manager in Place
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

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

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

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
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 Chicago, IL

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

A recently remodeled branded fuel and convenience store in the Chicago metro suburbs operating under absentee ownership with improving sales trends. The updated store infrastructure reduces near-term capital expenditure needs while the absentee structure signals an operational playbook that transfers to a new owner. Rising sales and a busy neighborhood location suggest organic growth potential without requiring significant intervention.

Absentee OwnerGrowth TrajectoryRegulatory Risk
Jun 10

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.9MRetail & E-commerce
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
Aug 16

Gas Station Convenience Store for Sale in Chicago, IL

Chicago-Naperville-Elgin, IL
$1.4MRetail & E-commerce
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

Tool And Die Manufacturer for Sale in Illinois

IL
$999KManufacturing & Production
Cash Flow:$500K
Multiple:2.0x
Why Buy

This Illinois tool and die manufacturer has built a long track record competing on service quality, short production runs, and prototype work, giving it a defensible niche within precision manufacturing. The business is SBA pre-approved, lowering the financing hurdle for qualified buyers. With nearly 50% SDE margins on the asking price, the economics are compelling for an entrepreneur or add-on acquirer in the manufacturing space.

Top Industries in Illinois

Frequently Asked Questions

How many businesses are for sale in Illinois?
There are currently 578 businesses listed for sale in Illinois, with 30 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 $675K, with prices ranging from $6K to $87.8M.
What multiple of earnings do businesses in Illinois list for?
Across the 393 businesses currently browsable in Illinois, the median asking price is $675K and the median seller's discretionary earnings (SDE) is $193K. The median asking price works out to 3.6x 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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