Chicago Recreational Dispensary License & Prime Downtown Location For Sale in Chicago, Illinois

Rare Chicago Dispensary License + PRIME DOWNTOWN CORNER LOCATION For Sale (Chicago, Illinois) #1827

Unlock your entry into Illinois’ booming cannabis industry with this complete package: a rare portable cannabis retail dispensary license paired with a secured prime downtown Chicago location. This turn-key property has been secured while the entitlement process is being finalized. The space is ready for immediate dispensary build-out, enabling fast-track opening. Restrictive zoning creates a protective moat against competition and positions this location for maximum revenue potential. Illinois’ legal cannabis market surpassed $2 billion in annual sales in 2024, with demand continuing to rise as the state expands access and licenses remain tightly controlled.

With limited licenses available and high barriers to entry, this is an ideal acquisition for investors, operators, or MSOs looking to establish a foothold in a lucrative market with strong consumer demand and robust regulatory support. Serious inquiries only, this rare combination won’t last long.

Prime Location Specs:

Space: 2,700 SqFt

Rent: $17,000/Month

Lease Term: 10 yrs with Two 5YR Options (negotiable)

Retail License For Sale

Prime Location in DOWNTOWN Chicago

Rare Find

Structure: Modified NNN lease; Tenant Pays utilities & Interior maintenance.

Restrictive city zoning creates a powerful competitive moat – commanding an exclusive territory with minimal dispensary competition across Chicago’s most affluent communities and premier shopping districts

Located on the corner of a busy 4-way, traffic light stop.

This location sees 39,800 vehicles per day

High street activity: The main retail corridor records 8,000 + sidewalk pedestrians on a typical weekday, ranking it among Chicago’s busiest non-Loop walking streets.

License:

Retail Storefront License

Asking Price: $2,500,000 (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Drew Mathews, DRE CA LIC# 02091143

If you have any questions Contact Drew (619) 653-0483

Email: ceo@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.

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All listings included in this section are represented by locally licensed real estate brokers where necessary.

This listing is represented by (Local Broker) via the Green Life Business Group National Affiliate Program.