Liquor Store for Sale in Illinois
Explore Liquor Store businesses for sale in Illinois. Compare opportunities and connect with sellers.
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Iconic Tavern + Liquor Store + Apartment - Mixed-Use Property For Sale
Iconic Tavern + Liquor Store + Apartment Chicago, IL - Mixed-Use Property For Sale! "Coveted Chicago Tavern License, Liquor Store License & Applied Gaming License Included" A unique opportunity to acquire a long-standing neighborhood institution & income-producing property in one of Chicago’s established northwest neighborhoods. This offering includes 2 connected freestanding commercial buildings, operating as sports bar & liquor store, along with a residential apartment above — creating multiple revenue streams from bar operations, retail liquor sales & rental income. Even more valuable, the sale includes both on-premise & off-premise liquor licenses, including a highly coveted Chicago Tavern License, which is extremely limited & difficult to obtain in today’s regulatory environment. Opportunities combining real estate, 2 liquor licenses & established neighborhood businesses are exceptionally rare in the city of Chicago! Investment Overview: Tavern — A classic neighborhood sports bar offering a welcoming atmosphere for locals to watch games, enjoy drinks & socialize. Liquor Store — The adjoining retail liquor store serves the surrounding neighborhood with a convenient selection of beer, wine, spirits & convenience beverage sales. Current Entertainment Revenue — The bar & liquor store also feature a juke box, dart board, pool table & ATM which bring in $3k-$5k a month or $35k-$60k a year in supplemental revenue. This dual-concept model captures both on-premise & off-premise alcohol sales + entertainment sales maximizing revenue opportunities. This offering also includes multiple Chicago liquor licenses, an increasingly scarce asset — On-Premise Chicago Tavern License allows for: • Bar service & bar operation • Full alcohol service for consumption on the premises • Late operating hours typical for neighborhood taverns Off-Premise Retail Liquor License allows for: • Retail sales of beer, wine & spirits • Package carry-out alcohol sales Owning both license types in 1 location is a significant competitive advantage. Plus, the ability to add video gaming. Gaming Potential — Gaming application already in process. A buyer would inherit this positioning, potentially receiving activation approval shortly after acquisition, eliminating the typical 6–12 month lead time. The property meets zoning & licensing requirements for VGT placement. And passive residential income from its 3-bedroom apartment upstairs. Rental Income — Above the commercial space sits a residential apartment providing: • Additional rental income • Potential owner-operator housing • Investment upside • Covers taxes Very few listings offer real estate, multiple liquor licenses & 2 complementary alcohol businesses & the opportunity to add video gaming in 1 package! Prime retail space in a freestanding building with a few parking spots in the rear & ample street parking. Perfectly situated on a well-traveled E-W corridor with 18,000-22,000 VPD serving Chicago’s northwest side & connecting the city with nearby suburbs. Additional location benefits: • Dense surrounding residential population • Strong demographics • Lg base of multi-generational households/long-term residents • Strong working-class/middle-income residential communities • High concentration of blue-collar/healthcare/logistics/retail workers • Consistent demand for neighborhood bar gathering spots/convenient liquor retail Neighborhood taverns with liquor stores often thrive in these established Chicago communities due to long-term loyal customer bases & consistent neighborhood traffic. Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please email Ted Aretos at [email protected] or call 815-761-8334 for more information. Showings by appointment only outside of business hours. Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC
Liquor, Wine & Beer Store For Sale
Liquor, Wine & Beer Store for Sale – Sangamon County, IL Thriving Retail Business | $750K Average Annual Sales | Tasting License Included Here’s your opportunity to own a well-established and profitable liquor located in Sangamon County, Illinois. With a loyal customer base, a curated wine selection, and strong three year average annual revenue of $750,000, this turnkey business is ideal for a savvy retail entrepreneur. Highlights: • Diverse Inventory: Specializing in fine wines, spirits, and craft beer selections • Tasting License: Fully approved for on-site tastings — an excellent driver of repeat traffic • Strong Local Presence: High-traffic location with repeat customers and excellent reputation • Growth Potential: Expand into delivery, events, or curated clubs • Inventory & Fixtures Included: Sale includes all displays, POS systems, and coolers Reason for Sale: Owner is pursuing retirement/relocation — motivated to find the right buyer to continue the legacy. Easy operation, no late nights. Open 9 hours a day.