7455 W Irving Park Road
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.
- Jimmy John's 650 ft
- City Tap & Grill 850 ft
- McDonald's 0.3 mi
- Panda Express 0.3 mi
- Edelweiss 0.3 mi
- Popeyes 0.3 mi
- Impact Fuel 0.3 mi
- BP Shop 0.6 mi
- Ricky Rockets Fuel Center 0.6 mi
- Angelo Caputo's Fresh Markets 0.6 mi
- BP Shop 0.7 mi
- Mariano's Fresh Market 0.9 mi
- Iron Ball Park 0.5 mi
- McDonald's PlayPlace 0.6 mi
- Hiawatha Park 0.9 mi
- Norridge Park 0.9 mi
- Park No. 580 1.0 mi
- Shabbona Park 1.0 mi
- Starbucks 0.3 mi
- Dunkin' 0.4 mi
- Boon Cafe 0.5 mi
- Starbucks 0.5 mi
- La Capannina Coffee 0.5 mi
- Starbucks 0.6 mi
Every event we have for this address, straight from the MLS.
Real answers about this home — pricing, schools, what to ask, anything.
Stand in the kitchen.
See the light at 4pm.
Photos can only do so much. Pick a time — we'll meet you at the door.
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12617645