Listings

Summary:

A great opportunity to acquire a long-established neighborhood liquor, tobacco and convenience store located on one of Chicago's busiest commercial corridors. Situated on a highly visible corridor with exceptional frontage and strong daily traffic counts, this turnkey operation has become a trusted destination for local residents and commuters alike.

The business holds multiple valuable licenses supporting the sale of packaged alcohol, tobacco products, lottery tickets and retail food items, subject to applicable governmental approvals and licensing requirements.

Five Licenses Included
- City of Chicago Package Goods - allows sale of packaged alcoholic beverages for off-premises consumption
- Tobacco License - allows sale of tobacco and flavored tobacco products
- IL Tobacco Retailer - allows sale of cigarettes & tobacco products
- IL Lottery - allows the business to sell Illinois Lottery tickets
- Retail Food Establishment - allows retail sale of perishable foods

Its retail space is efficiently designed with a spacious sales floor, fully equipped point-of-sale area, dedicated tobacco counter and a large walk-in cooler capable of supporting an extensive inventory of beer, beverages and other high-demand products. In addition, the business benefits from supplemental revenue generated through legal skill gaming machines and other ancillary sales channels.

This is a true turnkey acquisition. The sale includes all furniture, fixtures, equipment, displays, refrigeration, shelving, point-of-sale systems and business assets necessary for a seamless transition. And a substantial inventory will be transferred at cost, allowing a buyer to take over operations without the expense and logistical challenges of stocking a new location from scratch.

Business Highlights
- Established independent neighborhood liquor, tobacco and convenience store
- Large walk-in cooler and extensive display fixtures
- Additional income generated through skill gaming and ancillary revenue streams.
- Turnkey operation with FF&E and licenses included
- Fully stocked - substantial inventory available at cost
- Attractive long-term lease with below-market rent through 2034
- Exclusive use clause protecting against competing liquor or tobacco tenants in the property

Ideal for an owner-operator, family business or experienced convenience store investor seeking a stable, cash-flowing operation with a strong foundation and long-term growth opportunities. A sought-after combination of proven sales, favorable occupancy costs and a highly desirable urban retail location.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, please complete the short Contact Form on the right or email Ted Theodosiadis at Theo@eatz-associates.com or call 847-910-4657 for more information. Showings by appointment only outside of business hours.

Competition:

Strengths
- Established neighborhood operation with an existing customer base
- Excellent street visibility and access on one of Chicago's busiest commercial corridors
- Strong traffic counts and easy customer recognition
- Dense surrounding population, supporting repeat neighborhood business
- Diversified revenue opportunities through liquor sales, convenience retail and ancillary services
- Established neighborhood identity, which often translates into long-term customer loyalty

Growth and Expansion:

The business is supported by a loyal repeat customer base developed over many years of successful operation.

It also has significant upside through product expansion, merchandising enhancements and operational optimization.

A new owner could expand premium beer, wine and spirits offerings, introduce craft and specialty products, increase convenience and grocery inventory, add additional grab-and-go food and beverage selections, strengthen tobacco and vape product categories (subject to local regulations) and further leverage the existing customer traffic through enhanced merchandising and marketing initiatives.

Location:

Prime retail space in a freestanding building on one of Chicago's major north-south arterial roads carrying substantial daily traffic.

Its highly visible location offers excellent signage opportunities, convenient customer access and outstanding street presence, all contributing to consistent year-round business activity.

Ideally located within a densely populated urban neighborhood, the store enjoys a diverse customer base consisting of nearby residents, local workers and daily commuter traffic.

Location Highlights
- Strong walk-in and drive-by customer base
- Dense residential neighborhoods
- Proximity to public transportation and CTA bus routes
- Surrounded by a mix of independent retailers, service businesses, restaurants and neighborhood commercial uses

County: Cook

Facilities:

Lease Information: Leased space $3,000/mth gross. Current lease expires Dec 2034. The lease also includes an exclusive use provision, preventing the landlord from leasing space within the property to another liquor or tobacco retailer, creating a significant competitive advantage for the future owner.

Square Feet: 1,900.

Seating: 0.

Days/Hrs of Operation: Mo-Sa 10a-12m & Su 10a-11:30p.

Owners Role: Owner operated - active day-to-day.

Real Estate: Leased.

Value of FF&E: Included In Asking Price.

Value of Inventory: $130,000 (Not Included In Asking Price).

Number of Employees: 2.

Support/Training: Negotiable on-site comprehensive training.

Seller Financing Available: No (Cash Offers Only).

Reason for Selling: Other interests.