Pawn Shops Chicago

Chicago has a variety of pawn shops offering loans and buying items like jewelry, electronics, and musical instruments. Many locals rely on these spots for fast cash or to snag a bargain on pre-owned goods.

Chicago, IL has 12 pawn shops in our directory. Top-rated options include EZPAWN (5454 West Belmont Avenue, Chicago), EZPAWN (3711 West Fullerton Avenue, Chicago), and United Loan Co.

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Pawn Chicago

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3633 W Lawrence Ave, Chicago, IL 60625, United States

pawn loanspawnsellbuy
4.8(46)

United Loan Co

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224 E 51st St, Chicago, IL 60615, United States

pawn loansgold buyingjewelry buyingelectronics buyingtools buyingbuy/sell/trade
4.8(240)

EZPAWN (3711 West Fullerton Avenue, Chicago)

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3711 W Fullerton Ave, Chicago, IL 60647, United States

pawn loansgold buyingonline shopretail merchandiselayawayproduct protection plan
4.6(327)

EZPAWN (5454 West Belmont Avenue, Chicago)

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5454 W Belmont Ave, Chicago, IL 60641, United States

pawn loansgold buyingonline shopretail merchandiselayawayproduct protection plan
4.6(364)

Cash America Pawn

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4812 S Kedzie Ave, Chicago, IL 60632, United States

pawn loansretail salesgold buyinglayaway
4.5(242)

Family Jewelry & Loan

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3216 N Kimball Ave, Chicago, IL 60618, United States

4.4(91)

Cash America Pawn

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3900 North Broadway, Chicago, IL 60613, United States

pawn loansretail salesgold buyinglayaway
4.2(98)

Just Pawn Inc

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4445 N Broadway, Chicago, IL 60640, United States

4.2(33)

Cash America Pawn

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3243 W Lawrence Ave, Chicago, IL 60625, United States

pawn loansretail salesgold buyinglayaway
4.2(81)

Cash America Pawn

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2437 N Milwaukee Ave, Chicago, IL 60647, United States

pawn loansretail salesgold buyinglayaway
3.5(60)

Cash America Pawn

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1441 N Milwaukee Ave, Chicago, IL 60622, United States

pawn loansretail salesgold buyinglayaway
3.5(62)

Cash America Pawn

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1334 N Pulaski Rd, Chicago, IL 60651, United States

pawn loansretail salesgold buyinglayaway
3.2(53)

What Chicago Pawn Shops Accept

  • Gold jewelry & watches
  • Electronics (phones, laptops, tablets)
  • Power tools (DeWalt, Milwaukee, Makita)
  • Gaming consoles (PS5, Xbox, Nintendo)
  • Musical instruments
  • Firearms (where permitted)
  • Designer items

Acceptance varies by shop. Call ahead for specialty items or large quantities.

Illinois Pawn Shop Regulations

Interest Rate3% per month (36% APR) plus service fees up to 20% of loan per month
Redemption Period30 days + 30-day grace period (60 days total)
Regulated ByIllinois Department of Financial and Professional Regulation (IDFPR)

Illinois pawnbrokers are licensed under the Pawnbroker Regulation Act of 2023 (205 ILCS 511). Interest is capped at 3% per month, but service fees up to one-fifth of loan amount allow total charges potentially reaching 240% APR. APR disclosure required on all tickets.

Tips for Visiting Pawn Shops in Chicago

  • 1.Get quotes from multiple shops before deciding
  • 2.Know your item's value - check eBay sold listings first
  • 3.Bring valid government-issued ID (required by law)
  • 4.Ask about interest rates and total repayment amount upfront
  • 5.Keep your pawn ticket in a safe place
  • 6.Ask about the redemption period and any grace periods
  • 7.Ask if they report to credit bureaus (most don't)

Frequently Asked Questions

What can I pawn in Chicago?

Common items include gold jewelry, electronics, and tools.

Which pawn shops in Chicago are well-reviewed?

United Loan Co and Pawn Chicago are popular options worth checking out.

How much can I get for gold?

Offers vary by weight, purity, and current prices. Pawn shops typically pay below spot value - get multiple quotes to compare.

What ID do I need?

Valid government-issued photo ID (driver's license, passport, or state ID).

Need More Cash?

Get a title loan - keep your car

Gold Prices