Neighborhood Liquor, Tobacco & Convenience Store!

Business Overview:

Long-Established Neighborhood Liquor, Tobacco & Convenience Store High-Traffic Chicago Corner - Turnkey!

“Freestanding Building On One Of Chicago’s Major N-S Arterial Roads Carrying Substantial Daily Traffic”

Acquire an established, independent neighborhood liquor, tobacco and convenience store. Five valuable licenses are included, subject to governmental approvals: City of Chicago Package Goods for off-premises alcohol sales, Tobacco (including flavored tobacco), Illinois Tobacco Retailer, Illinois Lottery and Retail Food Establishment. The efficiently designed retail space features a spacious sales floor, fully equipped point-of-sale area, dedicated tobacco counter, extensive display fixtures and a large walk-in cooler supporting a deep inventory of beer, beverages and other high-demand products. Legal skill gaming machines and other ancillary sales channels also generate valuable supplemental revenue. This is a true turnkey acquisition: all furniture, fixtures, equipment, displays, refrigeration, shelving, point-of-sale systems and business assets are included for a seamless transition. A substantial inventory (approx. $130,000) transfers at cost, so a buyer avoids the expense and hassle of stocking a store from scratch. Ideal for an owner-operator, family business or experienced convenience store investor seeking a stable, cash-flowing operation with proven sales, favorable occupancy costs and a strong foundation for long-term growth.

Contact the Seller:

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Property Features and Assets:

Prime retail space on one of Chicago’s busiest commercial corridors with exceptional frontage, high visibility, excellent signage opportunities, convenient customer access and outstanding street presence, all driving consistent year-round business activity. The store sits within a densely populated urban neighborhood and enjoys a diverse customer base of nearby residents, local workers and daily commuters, generating strong walk-in and drive-by traffic. Public transportation and CTA bus routes are close by, bringing foot traffic to the door. The surrounding area offers a vibrant mix of independent retailers, service businesses, restaurants and neighborhood commercial uses that draw shoppers throughout the day and evening. A familiar address local shoppers already know and trust.

SqFt: 1,900
Seating: 0
Hrs: Mo-Sa 10a-12m & Su 10a-11:30p
Owners Role: Owner operated - active day-to-day
Training: Negotiable on-site comprehensive training
Lease: $3,000/mth gross. Expires Dec 2034; exclusive use clause blocks competing liquor/tobacco tenants in property

Market Competition and Expansion:

Competition: As an established neighborhood operation, the store benefits from a loyal repeat customer base built over many years and a recognized neighborhood identity that keeps shoppers coming back. Diversified revenue from liquor, convenience retail and ancillary services reduces reliance on any single category and meets customers’ everyday needs. Extended seven-day hours capture convenience shoppers early and late.

Expansion: Significant upside exists through product expansion, merchandising enhancements and operational optimization. A new owner could expand premium beer, wine and spirits offerings, introduce craft and specialty products, grow convenience and grocery inventory and add more grab-and-go food and beverage selections. Tobacco and vape categories can also be strengthened, subject to local regulations. Enhanced merchandising and targeted marketing initiatives could further leverage the store’s existing customer traffic and boost the average ticket size. With FF&E, licenses and inventory already in place, a buyer can focus capital on growth rather than startup costs.

Reason for Selling:

Other interests. Kindly ask the seller for more information.

Additional Details:

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