One of Chicago's oldest and largest pawn shops, renowned for G.I.A.-certified diamonds, high cash payouts on gold and jewelry, and an in-house master jeweler for repairs.
(312) 738-1377
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Chicago pawn shops cluster along commercial stretches near Belmont, Lawrence, and 79th Street on the North and South Sides. Illinois caps pawn interest at 3% per month, so compare loan offers across the directory before signing.
One of Chicago's oldest and largest pawn shops, renowned for G.I.A.-certified diamonds, high cash payouts on gold and jewelry, and an in-house master jeweler for repairs.
Royal Pawn Shop in Chicago, Illinois.
A trusted downtown Chicago pawn shop conveniently located in the Loop, offering competitive pawn loans and cash purchases on a wide variety of items from jewelry to electronics.
A Logan Square area EZPAWN location offering fast cash loans, pre-owned electronics, and a variety of merchandise at everyday low prices.
EZPAWN's Little Village location on Chicago's west side, offering quick pawn loans and a wide selection of pre-owned electronics, power tools, and instruments.
Pooled US averages for how much local pawn shops typically lend by category. Your actual offer depends on condition, brand, documentation, and current demand.
Under Illinois law, the statutory maximum finance charge is 20% per month + fees and the minimum redemption period is 30 days. Your offer on any item is typically 20–35% of resale for a pawn loan, or 30–50% of resale for an outright sale. Shops in Chicago quote offers based on their own resale market — always get two or three offers before accepting.
What every borrower should know before signing a pawn ticket in IL.
Rates shown are statutory caps — actual offers and fees vary by shop. Confirm the current rules with the regulator and always read the pawn ticket before signing. Full Illinois state page →
PawnGuru lists 5 pawn shops inside Chicago, IL, plus more in surrounding cities. Use the map or phone link on any shop page to route to the closest location. Always call ahead — posted hours change, especially on holidays.
Most shops in Chicago lend 20–35% of an item's realistic resale value for a pawn loan, and 30–50% for an outright sale. Under Illinois law, the maximum finance charge is 20% per month + fees and the minimum redemption period is 30 days.
Bring (1) a valid government-issued photo ID (required by Illinois law and federal anti-theft rules), (2) the item in working, presentable condition, and (3) any proof of ownership — original receipts, titles, or certificates of authenticity. Most shops also require you to be 18 or older.
In Chicago and across Illinois, the most commonly pawned items are gold jewelry, diamond rings, luxury watches, smartphones and laptops, power tools (DeWalt/Milwaukee), musical instruments, firearms (FFL shops only), designer handbags, and coins or bullion.
Yes. You have at least 30 days under Illinois law to redeem by paying the loan principal plus accrued interest and fees. If you don't, the shop keeps and resells the item — the loan is non-recourse, so it doesn't affect your credit.
Illinois Department of Financial & Professional Regulation. Rules vary by state — always verify the current statutory cap, fees, and redemption period directly with the regulator or the individual shop.