# 7455 W Irving Park Road, Chicago, IL 60634

> **TL;DR:** 3bd/4ba residential multi family, $949,000, built 1924. Est. $4,112/mo. Listed 48 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $949,000 |
| Bedrooms | 3 |
| Bathrooms | 2 full, 3 half |
| Year Built | 1924 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 48 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,112 |
| **Total** | **$4,112** |

## Property Highlights

- Built in 1924
- 15 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 7455 W Irving Park Road, Chicago, IL 60634
- **County:** Cook
- **Coordinates:** 41.952337, -87.814359
- **Google Maps:** https://www.google.com/maps?q=41.952337,-87.814359

## Listing Agent

- **Name:** Thoma Socrates Panos
- **Brokerage:** Pearson Realty Group
- **Phone:** (773) 325-2800
- **Email:** thoma@pearsonrealtygroup.com

## Primary Photo

![7455 W Irving Park Road - Primary Photo](http://lh.rdcpix.com/360f8a1cc8526761dd73ea51f975a8fdl-f2262231194r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/7455-w-irving-park-road-chicago-il-60634-12619297)*

---

**MLS#:** 12619297 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7455-w-irving-park-road-chicago-il-60634-12619297)

---

## Structured Data

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