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
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: thoma socrates panos
Office: pearson realty group
MLS#:12711516
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 #:12711516
- Updated:November 01, 2026 at 05:19 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- 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:$19,724 (2024)
Parking
- Total parking spaces:15
New listings near 7455 W Irving Park Road
- New
$340,000Active3 beds 2 baths1,250 sq. ft.5224 S Newland Avenue, Chicago, IL 60638
MLS# 12798785Listed by: XR REALTY - New
$304,900Active4 beds 2 baths3,150 sq. ft.8339 S Throop Street, Chicago, IL 60620
MLS# 12798809Listed by: CENTURY 21 CIRCLE - New
$205,000Active3 beds 1 baths1,040 sq. ft.11253 S Loomis Street, Chicago, IL 60643
MLS# 12798750Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$300,000Active4 beds 3 baths1,324 sq. ft.5731 W Erie Street, Chicago, IL 60644
MLS# 12798426Listed by: REALTY OF AMERICA, LLC - New
$180,000Active4 beds 2 baths1,076 sq. ft.4829 W Ohio Street, Chicago, IL 60644
MLS# 12798742Listed by: Z.A.S. CONSULTING, INC. - New
$247,000Active3 beds 1 baths1,800 sq. ft.10606 S Forest Avenue, Chicago, IL 60628
MLS# 12794633Listed by: SIMPLY MODERN REAL ESTATE - New
$314,900Active3 beds 2 baths1,963 sq. ft.8931 S Bennett Avenue, Chicago, IL 60617
MLS# 12798695Listed by: STRAIGHT-A REALTY, LLC - New
$360,000Active7 beds 3 baths2053 W 70th Place, Chicago, IL 60636
MLS# 12792860Listed by: SMART HOME REALTY - New
$345,000Active3 beds 2 baths960 sq. ft.6642 S Kildare Avenue, Chicago, IL 60629
MLS# 12798393Listed by: KALE REALTY - New
$217,000Active10 beds 3 baths7144 S Bennett Avenue, Chicago, IL 60649
MLS# 12798671Listed by: HOMESMART CONNECT LLC