Properties

Features
: Other
: Partial , Crawl Space
: Yes
: Public Sewer
Address Map
US
IL
Cook
Chicago
60634
Irving Park
7455
Road
W88° 11' 8.2''
N41° 57' 8.7''
W on Irving Park Rd from Harlem Ave. Property is 0.2 miles ahead on the left (SW corner of Irving Park & 75th/Oketo).
CHI - Dunning
CHI - Dunning
W
W
COMMR
Neighborhood
299
299
299
Additional Information
: Combination
50' x 125'
: Lake Michigan
Pearson Realty Group
Thoma Socrates Panos
Financial
19723.78
Listing Information
1015118
84674
MRED
: List Broker Must Accompany
Listing Information
Active
2026-07-27T05:06:45Z
2026-07-27T05:05:24Z
Property Description

NEW PRICE. Rare turnkey opportunity for an operator or investor seeking a fully renovated, PPA-licensed venue with uncommitted VGT potential in a prime Chicago corridor – includes Real Estate, Business, and Assets. Unlike standard restaurant offerings, this 4,055 SF freestanding corner asset includes a rare Public Place of Amusement (PPA), Liquor, and Food license, enabling the owner to collect cover charges or donations for ticketed events, raffles, live music, comedy, and more – creating multiple high-margin revenue streams beyond traditional food and beverage. The VGT-ready game room is currently uncommitted to any gaming operator, giving a new owner full leverage to negotiate their own terminal operator agreement and signing incentives. The restaurant was fully gut-rehabbed in late 2024, offering a new dining & bar space that seats 95 and a brand-new fully equipped commercial kitchen featuring pizza ovens, extended range, stove, prep areas, a walk-in cooler, and much more. The property functions as a clean, SBA-compliant operating shell primed for immediate occupancy – a true plug-and-play asset priced to bypass construction and permitting delays, minimize capital requirements, and facilitate a seamless acquisition of all existing licenses and FF&E. Situated on a 0.16-acre lot, the property features a 3,125 SF main level, a dedicated +15-car parking lot with ample street parking, and a 930 SF 3-bedroom residential unit for additional income. The site offers prime frontage on Irving Park Road near Harlem Avenue and the Harlem-Irving Plaza (HIP), capturing high visibility from over 26,000 vehicles per day (VPD) within a densely populated residential corridor. Contact Listing Agent for showings and details.

Residential Income For Sale

7455 W Irving Park Road, Chicago, Illinois 60634

  • Bedrooms : 3
  • Bathrooms : 4
$949,000
Listing ID#12711516
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12711516
Price : $949,000
Bedrooms : 3
Rooms : 4
Bathrooms : 4
Year Built : 1924
Listing Status : Active
Contact Agent