28 Turn Key Restaurants for Lease in Illinois, USA

Chicago Retail for Lease - Northwest City

Prime corner restaurant space available in the heart of Chicago’s vibrant Humboldt Park neighborhood. This fully built-out, second-generation restaurant offers turnkey convenience with a complete front-of-house finish, including a stylish, fully constructed bar ready for immediate operation. The interiors are thoughtfully designed and well-maintained, providing a warm, welcoming atmosphere ideal for a wide range of dining concepts. The space features a full commercial kitchen, complete with equipment and layout suitable for high-volume service. Additional basement space provides valuable room for refrigeration, prep, and dry storage—perfect for seamless back-of-house efficiency. A standout amenity is the large private outdoor component, offering significant potential for expanded seating, events, and seasonal service. This rare outdoor feature enhances the guest experience and adds meaningful revenue opportunities. Situated in a dynamic, culturally rich neighborhood with strong residential density and growing commercial activity, this corner site delivers excellent visibility, steady foot traffic, and access to a loyal local customer base. Ideal for operators seeking a high-quality, ready-to-go restaurant space in one of Chicago’s most energetic and evolving communities.

Property Type:

Multifamily

Date on Market:

2025-12-15

Chicago Retail for Lease - North Branch/Goose Island

Two story mixed-use building in vibrant Bucktown neighborhood with lots of pedestrian and vehicular traffic.

Date on Market:

2025-10-23

Chicago Retail for Lease - South Chicago

SVN Chicago Commercial is pleased to offer 2859 W. Cermak Rd. FOR LEASE. The subject property is a 1,400 square foot turnkey restaurant space located in Chicago’s vibrant Little Village neighborhood. Positioned along busy Cermak Road, the site benefits from excellent visibility, strong pedestrian activity, and over 28,000 vehicles per day. The property also offers the potential for 1–2 parking spaces or a patio in the rear, providing valuable flexibility for future operators. SVN Chicago Commercial is pleased to offer 2859 W. Cermak Rd. FOR LEASE. The subject property is a 1,400 square foot turnkey restaurant space located in Chicago’s vibrant Little Village neighborhood. Positioned along busy Cermak Road, the site benefits from excellent visibility, strong pedestrian activity, and over 28,000 vehicles per day. The property also offers the potential for 1–2 parking spaces or a patio in the rear, providing valuable flexibility for future operators. Existing kitchen equipment also available, terms negotiable.

Date on Market:

2025-10-21

Champaign Retail for Lease - Downtown Champaign

HIGHLIGHTS: 5,917 SF ground-floor restaurant space at 1 E Main Plaza Fully built-out restaurant with complete commercial kitchen and bar; dining area ready for customization Expansive outdoor plaza seating ideal for dining and events Prominent visibility in Champaign’s downtown core Surrounded by restaurants, retail, offices, and residential developments. PROPERTY OVERVIEW: A prime second-generation restaurant opportunity located at 1 E Main Plaza, the centerpiece of Downtown Champaign’s thriving dining and entertainment district. This 5,917 SF ground-floor space features a complete commercial kitchen and bar infrastructure with an open dining area ready for new layout and concept design. Expansive plaza patio seating positions the restaurant at the heart of downtown activity — surrounded by theaters, hotels, and year-round community events that bring consistent energy and foot traffic to the area.

Property Type:

Office

Date on Market:

2025-10-06

Chicago Retail for Lease - Fulton Market/Near West Side

Do not disturb employees. This is an opportunity to purchase the stock and assets of an existing restaurant and barin Fulton Market. The space is 3,628 square feet and underwent a gut renovation in 2023. The owners invested $1,500,000 into the buildout and have listed the property for sale. The new buyer will receive all the FF&E, licenses, Intellectual Property, and everything needed to operate a new business here. The new buyer may continue to operate the existing business for cash flow, or install a new concept.

Property Type:

Multifamily

Date on Market:

2025-10-06

Alsip Retail for Lease - Near South Cook

Property Description: Our shopping center in Alsip, IL, is conveniently located near the intersection of S. Pulaski Road and 122nd Street. Our shopping center is supported by a strong community and high traffic counts, making it an ideal location for businesses to grow and expand their customer base. Turnkey restaurant and hair salon coming soon. Join our community and grow your business with us. Location Description: Our commercial real estate property is located near popular retailers, including Food4Less, Walgreens, AutoZone, Family Dollar, Chase Bank, Jewel-Osco, Burger King, and Aldi, with a high trac count of 55,800 ADT. Our location offers excellent visibility and exposure for businesses looking to attract new customers. Supported by a strong community, ample parking, and easy accessibility, it's the ideal place to grow your business. Minutes to Downtown Chicago.

Date on Market:

2025-02-02

Burlington Retail for Lease - Western East/West Corr

Fully Built-Out & Equipped Freestanding Restaurant Downtown Burlington, IL - Space For Lease! A rare opportunity to lease a fully built-out and equipped ready-to-operate restaurant with minimal investment and maximum potential. Features a warm and welcoming interior with ample seating at both booths and tables plus a small bar. Along with a fully equipped open kitchen with large commercial hood, full kitchen line, 2-deck pizza oven, walk-ins and more. Plus, basement for storage. Turnkey. Great for a breakfast-lunch spot, café, bbq place, grill, pizzeria, pub and so much more. Also, the potential to add liquor and video gaming. Bring your concept here! Location: Prime retail space on the first floor of an historic freestanding building with ample lot and street parking. In the heart of downtown Burlington along with Art & Alma’s Century Inn (117-year-old supper club & saloon), Brosky Market (local grocery store), Country Coach House (popular wedding/event venue) and Mott’s Lounge (100-year-old tavern), in addition to Old Second National Bank, Taqueria Aurora and The Burlington Bean Coffee Shop. As well as several local shops, boutiques and specialty stores. Also, the place for year-round community events including its Annual Street Dance, July 3rd Fireworks, Fall Fest and Holiday Magic on Main Street. Perfectly situated at the corner of S Main St and E Center St at the crossroads of Burlington Rd (St Main St) and Plank Rd. Two key county arterials funneling daily local and regional traffic through the village’s Main St core! Plus, approx. 10 minutes west of the powerful Randall Rd corridor, which carries 35,000-50,000 vehicles daily across Kane County. Also, ~10 miles to/from the IL-47/I-90 interchange and ~9 miles to/from the US-20/I-90 interchange which is ideal for staff, suppliers and attracting customers from surrounding communities like Hampshire (4 miles) and Elgin (14 miles) and St. Charles (17 miles). Strategically located in Burlington, a family-oriented far northwest suburb with excellent schools, supportive community and a business-friendly environment. Lease Information: Lease for $2,000/mth gross. Landlord will provide a new 3-year lease with options. Square Feet: 1,600 + Basement. Seating: 32. Value of FF&E: Not Included In Asking Price (All Equipment Owned By Landlord). Value of Inventory: Not Included In Asking Price. Seller Financing Available: No. Reasons for Selling: Landlord looking for a new tenant. Competition/Market: Ready to operate - minimal capital expenditure. Low monthly rent - means dramatically lower break-even point. Turnkey - accelerated opening timeline. And strategically located - ability to capture downtown foot traffic, plus benefit from exceptional regional access. Growth & Expansion: Charming suburban downtown location with iconic taverns, supper clubs and locally owned shops, as well as landmarks, preserved shopfronts, nostalgic signage and a relaxed, walkable experience. Also, a popular community gathering spot. Plus, within a 30-minute drive radius from multiple population centers. Your chance to combine small-town operating costs with regional market reach! Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT disturb the current tenant and talk to any owners, employees or patrons. If interested, please email Ted Aretos at Ted@eatz-associates.com or call 815-761-8334 for more information. Showings by appointment only outside of business hours. Contact: Ted Aretos, Market Partner EatZ & Associates, Inc. / EatZ Real Estate Group LLC 316 W. Northwest Hwy, Barrington, IL 60010 Phone: (815) 761-8334 | Email: ted@eatz-associates.com

Date on Market:

2025-08-21

South Elgin Retail for Lease - Western East/West Corr

TURN-KEY FULLY FIXTURED RESTAURANT AVAILABLE. 4,343 SF. Retail space in active center anchored by Brianna's Pancake Cafe, Dogtopia, and Critter's Pet Shop. Additional tenants include Masala Dabba Market (coming Q1 2025), The Blend, and Katies Nails. Available spaces offer prominent facade signage and flexible unit layouts. Center is ideal for retail, restaurant, medical, fitness and service tenants. Convenient location in the heart of the South Elgin Randall Rd retail corridor between Silver Glen Rd & Thornwood Ave. The center is shadow anchored by Super Target and Angelo Caputo's Fresh Market, and is surrounded by national retailers including Home Depot, Best Buy, Ross Dress for Less, Staples, Kohls, PetSmart, TJ Maxx, Buffalo Wild Wings, Chili's and many more.

Date on Market:

2024-10-22

Fairview Heights Office/Retail for Lease - Illinois

2,800 SF Office/ Retail Space Available Flexible layout with multiple rooms, storage area, break room and restroom. New Roof in 2025 , Built in 2001 32 on site parking spaces Signage available Excellent visibility along Old Collinsville Road. Lease Rate: $2,200 per month, Gross Lease Tenant responsible for utilities and janitorial services. OFFERING: One FREE Month of rent for each year of the lease up to three year lease! Example: a one year lease includes the last month free: a two year lease includes the 12th and 24th month Free. OR OFFERING a 20% discount on rent for the first year of the lease. A minimum two year lease is required for this offer!

Property Type:

Retail

Date on Market:

2025-06-26

Chicago Office, Retail for Lease - River North

4 story heavy wood loft building. Elevator.

Date on Market:

2025-06-20

Evanston Retail for Lease - Near North

636 Church Street, known as The Carlson Building, is a distinguished eight-story condominium situated in the heart of downtown Evanston, directly across from the Evanston Public Library and only a short block from Northwestern University's campus. This historic high-rise offers spacious four-bedroom, one-bath apartments averaging approximately 1,182?sq?ft, featuring gleaming hardwood floors and an open-concept kitchen and living area ideal for gatherings. Constructed in 1925, the building sits on a generous 0.57-acre parcel and last changed ownership in 1993 for $3.2?million.

Property Type:

Office

Date on Market:

2025-04-29

Chicago Retail for Lease - North Branch/Goose Island

Highly visible, 1028 sqft restaurant space with 9ft ovenhood available in the heart of West Loop's Fulton River District along busy Milwaukee Ave and Grand Ave Corridor, which has over 20,000 passing vehicles per day. Perfect for small speciality store, ghost kitchen/ heavy delivery coffee shop, breakfast cafe, cocktail lounge, restaurant and/or bar. Zoning (M2-3) allows for liquor license. The building features 13 ft ceilings, exposed brick walls, and full basement for storage. Across from Grand Ave CTA blue line station - Great foot traffic, Walking distance to Fulton Market, River North, Starbucks, The Dawson, La Scarola, Richard's Bar, Iguana Cafe, and much more.

Date on Market:

2025-03-13

Evanston Retail for Lease - Near North

FORMER GIORDANOS PIZZA LOCATION IN DOWNTOWN EVANSTON. FULLY BUILT-OUT AS A RESTAURANT RETAIL SPACE. SPACE IS IN EXCELLENT CONDITION.

Date on Market:

2025-02-01

Bridgeview Retail for Lease - Near South Cook

Date on Market:

2025-08-12

Oswego Retail for Lease - Western East/West Corr

Don't miss this fantastic opportunity to take over a turn-key restaurant! Introducing "The Dairy Barn," a fully equipped dining establishment ready for immediate operation. Ideal for a variety of concepts including a breakfast spot, ice cream parlor, or fast casual dining—bring your unique idea to life! This opportunity includes access to all current equipment, furniture, a party room, decor, and much more. The building, just two years old, boasts a new hood system, HVAC, cooler/freezer combination, ice cream machines, and state-of-the-art kitchen equipment. Everything you need to start your culinary venture is right here...waiting for you!

Date on Market:

2024-05-03

Chicago Retail for Lease - River North

Surrounded by numerous retailers such as Fairground Coffee, Wildfire, GT Prime and many more. Excellent visibility with great pedestrian and vehicle traffic counts

Property Type:

Office

Date on Market:

2023-06-02

Chicago Retail for Lease - Northwest City

Retail space available for lease with open floor plan located in busy shopping center. The units are vacant and ready to go. Busy center with plenty of parking. Amazing signage opportunity along McCormick Blvd. Surrounded by major retailers with high traffic counts all around on McCormick/Devon and Lincoln.

Date on Market:

2025-12-02

Naperville Medical, Retail for Lease - Western East/West Corr

Retail and restaurant space available in attractive masonry retail center anchored by Michael's arts and crafts. Strong co-tenancy including highly successful Kiku Japanese Steakhouse, Sho Korean BBQ, Bernina, The Fun Playce and Legacy Physical Therapy. The center offers excellent visibility from Aurora Ave uninhibited by outlots, and excellent access with signaled entrance. Ideal location for Restaurant, retail, showroom, children's enrichment, education, medical and service tenancy. The property situated in the Heart of the Naperville retail corridor, just east of Rt 59 on Aurora Ave. The property is positioned across from Block 59, a next-gen dining and entertainment destination featuring Cheesecake Factory, Piccolo Buco, Ruth's Chris Steak House , Yard House, First Watch, Shake Shack, Stans Donuts, Cava, Lazy Dog and More. It is also than 1/2 miles from Fox Valley Mall, a 1.5 million square foot enclosed regional mall anchored by Macy’s and JCPenney and 1,000 new apartments, and is surrounded by best in class national retailers including Target, Meijer, Best Buy, PetCo, Ulta Beauty and many others. The Property is shadow-anchored by Menards, driving significant consumer traffic to the center. Strong traffic counts with more than 21,000 VPD on Aurora Ave and more then 80,000 VPD at the intersection of Aurora Ave & Route 59.

Date on Market:

2025-12-11

Chicago Office, Retail for Lease - River North

7 story classic building in the heart of busy River North with on-site management and engineer services. One block from the Merchandise Mart, easy access to "EL" brown, red, pink, purple, orange, green lines. Located on the corner of Hubbard and LaSalle. We pay participating broker market commission.

Date on Market:

2025-06-05

St Charles Retail for Lease - Western East/West Corr

6,874 sf 2-story turnkey restaurant located in downtown St. Charles. Building in excellent condition with great visibility.

Date on Market:

2025-09-10

Chicago Retail for Lease - River North

Located in the heart of Chicago’s vibrant River North neighborhood, 15 West Illinois is a 15,792 SF turnkey restaurant space available for lease. The property spans three levels, including a 6,077 SF ground floor, a 6,000 SF second floor, and a 3,715 SF basement. Featuring a retractable storefront and rooftop, high 16-foot ceilings, and black iron infrastructure, the space is fully equipped to support a high-volume restaurant or entertainment venue. With an occupancy capacity of 370 seated guests (578 standing), the property includes multiple existing licenses, such as an Illinois State Liquor License, Retail Food Establishment License, Public Place of Amusement License, and Caterer’s Liquor License, making it a ready-to-operate opportunity. The surrounding area benefits from strong demographics, with high-income residents and significant foot traffic, making it an excellent location for a flagship dining or nightlife concept.

Date on Market:

2025-10-20

Palos Heights Retail for Lease - South Route 45

The subject property is a 22,598 square foot Class B neighborhood shopping center. The available space can fit a variety of tenant needs, from retail to restaurants or medical users the available units can be demised to fit specific tenant needs. The shopping center has ample parking and is well-maintained with the potential of a drive-through on its north end cap.

Date on Market:

2025-04-29

Burbank Retail for Lease - Near South Cook

This steak house restaurant-bar-banquets with video gaming offers 7,218 +/- SF plus 3,000 SF partial basement with high flexicore ceiling.

Date on Market:

2024-12-05

Chicago Retail for Lease - South Chicago

EXCLUSIVE RETAIL & RESTAURANT OPPORTUNITY AT GATEWAY TO EAST PILSEN KW Commercial is pleased to present the opportunity to lease a premier retail or restaurant space at 1725 S Ashland Ave, situated at the highly coveted trophy northeast hard-corner of Ashland Ave. & 18th St. in the energetic East Pilsen neighborhood. Exceptional Location & Market Position: Positioned at the gateway to East Pilsen, this corner site delivers exceptional visibility and access to a vibrant community celebrated for its dynamic arts, culture, and culinary scene. The property features floor-to-ceiling glass frontage on both Ashland Ave. and 18th St., maximizing branding potential and capturing the attention of both pedestrians and vehicular traffic. With an Average Daily Traffic (ADT) of approximately 35,876 vehicles, and immediate access to transit—including the 18th St. CTA bus stops and the Pink Line station one block away—the site ensures high foot traffic and accessibility. Space & Design Highlights: The property offers a total of 1,590 SF, comprised of 800 SF on the ground floor and 790 SF of finished lower-level space. Soaring 14-foot ceilings and an open-concept layout provide flexibility for bespoke build-outs and allow for seamless adaptation to various operational needs. The space is also outfitted with electrical provisions for illuminated signage on both street-facing façades, ideal for strong tenant branding and visibility both day and night. Turnkey Restaurant Build-Out Available: Ownership is open to delivering a tailored build-out for restaurant tenants, providing a true turnkey solution. This tenant-friendly arrangement is designed to accelerate time to market by reducing upfront capital expenditures, enable a custom-designed space aligned with your brand vision and operational flow, and provide a competitive advantage in securing and launching your establishment at this prime location. Neighborhood Synergy & Demand Drivers: East Pilsen is recognized for its artistic heritage, culinary destinations, and vibrant street life—a compelling backdrop for any restaurant aiming to tap into a creative and culturally engaged clientele. Nearby culinary landmarks such as Truffle Chicago enhance the dining prestige of the corridor, while cultural anchors like Thalia Hall help fuel consistent foot traffic and neighborhood vitality. The combination of strong day-time and evening activity—powered by UIC, the Medical District, and local creative communities—supports a sustained and diverse customer base. Key Property Highlights - Address: 1725 S Ashland Ave, Chicago, IL / Northeast Corner of Ashland Ave. & 18th St. - Size: 1,590 SF Total (800 SF Ground Floor + 790 SF Lower Level) - Ceiling Height: 14-Foot Ceilings - Visibility: Full Glass Frontage, Dual Frontage Signage Opportunities, 35,876 ADT - Transit: Located at Bus Stops and One Block from Pink Line’s 18th St. Station - Build-Out: Landlord Amenable to Executing Tailored Build-Out for Restaurant Use - Neighborhood: Gateway to East Pilsen – Renowned for Arts, Dining, and Cultural Vibrancy - Complementary Uses Nearby: Culinary Destinations, Cultural Venue Anchors, and Strong Daily Traffic Generators Why This Space Stands Out - Highly Strategic Corner – Premier visibility, branding, and accessibility. - Restaurant-Ready & Tailored – Landlord-led build-out elevates tenant convenience and timeliness. - Cultural Ecosystem – East Pilsen’s thriving creative and culinary scene provides a robust customer base. - Superior Transit & Traffic Metrics – Ensures a consistent flow of patrons from multiple demographics. Your Next Move: This lease offering presents a rare opportunity: a trophy corner location at the threshold of East Pilsen with turnkey build-out potential. Whether launching a new concept restaurant or expanding your culinary footprint, this site delivers unmatched presence and positioning.

Property Type:

Multifamily

Date on Market:

2022-09-27