Binny’s Beverage Depot

Binny’s Beverage Depot, an independent specialty beverage retailer, has been a staple in Illinois since its founding in 1948 by Harold Binstein. Originally starting as a single liquor store on Chicago’s North Side, the company has grown into the largest independent liquor retailer in the Midwest. As of November 2025, Binny's operates 46 locations, all within Illinois, with a significant presence in the Chicago metropolitan area and select downstate regions.

Over the years, Binny’s has expanded its reach through both organic growth and strategic acquisitions. The company has consistently opened 2-3 new stores annually, focusing on high-traffic suburban and urban areas. They prefer locations with strong visibility and demographics, often choosing to anchor shopping centers or occupy prominent standalone buildings.

Binny's stores are recognized for their large-format layouts, ranging from 20,000 to 50,000 square feet, and offer an extensive selection of wine, spirits, beer, and related products. This comprehensive assortment caters to a wide range of customers, from casual shoppers to beverage connoisseurs. The company is also known for its knowledgeable staff, robust event programming, and commitment to customer education, offering in-store tastings and classes.

For commercial real estate professionals, Binny’s stands out as a desirable anchor tenant due to its scale, creditworthiness, and ability to drive traffic. Its strong community engagement and loyal customer base make it an attractive addition to any retail environment. Remaining family-owned, Binny’s leverages decades of operational expertise and deep supplier relationships to maintain its leadership in the beverage retail sector.