7455 W Irving Park Road, Chicago, IL 60634
Local realty services provided by:ERA Naper Realty
7455 W Irving Park Road,Chicago, IL 60634
$949,000
- 3 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: thoma socrates panos
Office: pearson realty group
MLS#:12619297
Source:MLSNI
Price summary
- Price:$949,000
About this home
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....
Contact an agent
Home facts
- Year built:1924
- Listing ID #:12619297
- Updated:June 08, 2026 at 10:51 AM
Rooms and interior
- Bedrooms:3
- Full bathrooms:1
- Half bathrooms:3
- Rooms Total:4
- Basement Description:Partial
Structure and exterior
- Year built:1924
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$949,000
- Tax amount:$16,802 (2024)
Parking
- Total parking spaces:15
New listings near 7455 W Irving Park Road
- New
$379,900Active2 beds 1 baths4327 N Damen Avenue #G, Chicago, IL 60618
MLS# 12655577Listed by: HOMETOWN REAL ESTATE GROUP LLC - New
$749,999Active3 beds 3 baths1,847 sq. ft.1446 S Michigan Avenue #H, Chicago, IL 60605
MLS# 12663117Listed by: ROSE REALTY GROUP - New
$595,000Active5 beds 5 baths4,000 sq. ft.6642 S Drexel Avenue, Chicago, IL 60637
MLS# 12668277Listed by: BLUE DOOR DAVE INC - New
$109,900Active-- beds 1 baths800 sq. ft.6700 S South Shore Drive #25K, Chicago, IL 60649
MLS# 12670706Listed by: REALTY OF AMERICA, LLC - New
$173,800Active2 beds 1 baths800 sq. ft.2254 W Arthur Avenue #1051A, Chicago, IL 60645
MLS# 12670714Listed by: ARHOME REALTY - New
$514,900Active0 Acres7046 N Osceola Avenue, Chicago, IL 60631
MLS# 12670723Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$250,000Active3 beds 1 baths3,780 sq. ft.7234 S Millard Avenue, Chicago, IL 60629
MLS# 12670773Listed by: EXP REALTY - CHICAGO NORTH AVE - New
$660,000Active2 beds 2 baths1,450 sq. ft.505 N Lake Shore Drive #4508, Chicago, IL 60611
MLS# 12671015Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$399,000Active2 beds 2 baths3600 N Lake Shore Drive #2701, Chicago, IL 60613
MLS# 12671104Listed by: HOMESMART CONNECT LLC - New
$299,900Active4 beds 3 baths1,296 sq. ft.12211 S Lafayette Avenue, Chicago, IL 60628
MLS# 12671113Listed by: LUNA REALTY GROUP