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940 W Adams St., 2Nd Floor
Chicago, Illinois 60607
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Affiliated Broker
Michael Thanasouras
About the Company
Broker Biography
Business For Sale Listings
Pilsen, IL
View Details Corner Pilsen Restaurant For Sale
Corner storefront restaurant business available in Chicago's vibrant Pilsen neighborhood. All prospects and their brokers are required to complete and submit the attached non-disclosure agreement for detailed information. Less
Chicago, IL
View Details Confidential Hyde Park Restaurant For Sale
This 2,996 SF, fully built-out restaurant offers a rare turnkey opportunity in a high-demand area. The space features a large, professionally equipped commercial kitchen, walk-in coolers, and a thoughtfully designed dining room complemented by a stylish bar and inviting outdoor seating. Currently operating as a full-service establishment with incidental alcohol sales, the layout and infrastructure are highly adaptable to a variety of hospitality concepts—from upscale French bistro to modern Indian cuisine. Surrounded by strong area demand generators, this location offers excellent visibility and foot traffic, making it ideal for a new or expanding restaurateur. Less
Chicago, IL
View Details Confidential Tavern Opportunity with PPA License
An exciting opportunity to acquire a well-established and highly recognizable tavern concept in one of Chicago’s most vibrant and desirable neighborhoods. This fully licensed operation includes both a Tavern License and PPA License (Public Place of Amusement), providing the flexibility to offer live entertainment and a full bar experience.The space features a long-term lease in place, offering security and stability for the next operator. The facility has undergone numerous updates and renovations, showcasing modern systems, upgraded finishes, and thoughtful improvements throughout, making it truly turn-key.Located in a high-traffic area with strong co-tenancy, the tavern benefits from excellent visibility, consistent foot traffic, and an established customer base. The concept is well-known across Chicago, with a reputation for quality, atmosphere, and service – a perfect opportunity for a hands-on operator or experienced Less
Chicago, IL
View Details Confidential Restaurant Opportunity – Prime Corner Location | Chicago
Exceptional opportunity to acquire a fully built-out, turnkey restaurant in a highly visible corner location within a vibrant Chicago neighborhood. This well-positioned space offers outstanding street presence, strong pedestrian traffic, and easy access for local patrons.The property features a large outdoor dining area, perfect for maximizing seasonal revenue and enhancing customer experience. Recently renovated, the restaurant boasts a modern, fully updated facility with top-tier equipment and infrastructure already in place. All required city licenses and permits are active and transferable, streamlining the transition for a new operator.A long-term lease with favorable occupancy costs offers stability and value in a competitive market. Whether you're an experienced operator looking to expand or a new entrant ready to hit the ground running, this is a rare opportunity to step into a thriving space with minimal Less
Chicago, IL
View Details Prominent River West Restaurant Site
Step into a culinary haven in the heart of Chicago. This meticulously crafted 3,557 SF restaurant site offers a full commercial kitchen, providing the perfect canvas for ambitious culinary creations. The prominent outdoor seating area sets the stage for al fresco dining, drawing in patrons with its inviting ambiance. Meticulously maintained, this space exudes sophistication and charm, ensuring a welcoming environment for diners. With every detail carefully considered, from the kitchen to the outdoor space, this restaurant site is a standout opportunity for restaurateurs looking to make their mark in Chicago's vibrant culinary scene. Less
Chicago, IL
View Details Established Corner Bar/ Restaurant Concept
Uncover the potential of this captivating 3,000 SF bar and grill concept located in one of Chicago's most well-known neighborhoods. The well-established location presents an exceptional opportunity for prospective hospitality investors/operators. Offers ample space to craft a bespoke full-service experience. A captivating blend of timeless architecture and modern possibilities, this property provides a premier canvas to create a standout hospitality venture. Embrace the allure of this iconic building and position yourself at the forefront of Chicago's vibrant hospitality market. Less
Tim Rasmussen serves as an Associate Advisor for Sperry Van Ness LLC, specializing in the sale and lease of commercial hospitality property throughout the Chicago metropolitan area. Mr. Rasmussen has been both a developer and a restaurant owner, and understands all sides of real estate development. Prior to joining Sperry Van Ness, Rasmussen was Principal of Chicago Restaurant Corporation for 20 years, owning and operating a string of popular Chicago restaurants including Anteprima, Acre, Ombra, Joe’s Be-Bop Café, Charlie’s Ale House, and Carlucci Restaurant. During that time he was also continuously active as Managing Broker of Rasmussen Realty Advisors, a development company. Recent projects include the transformation of a 22,000 square foot parking garage in Chicago's Andersonville neighborhood into a mixed use retail and light manufacturing building. Tenants include Athletico, Uptown Animal Hospital and a Metropolis Coffee roasting facility; and the renovation of a 6,200 square foot former resale shop into a multi-tenant retail and office building. Recent transactional work includes the sale of a two acre site in Wheaton, Illinois, to Chick-fil A, and a catering facility to Aramark. In an earlier role as Executive Vice President of Leasing for Hawthorn Realty Group, Rasmussen oversaw an 8.5 million square foot portfolio of office and industrial properties in Rosemont, Lincolnshire, Lincolnwood, and Oak Brook, among other locations. A licensed real estate broker in Illinois since 1993, Rasmussen is a member of the International Council of Shopping Centers, and earned a Bachelor’s in Business Administration from the University of Tennessee – Knoxville.