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River Grove, IL

River Grove, IL Commercial Real Estate for Sale

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Franklin Park, IL Melrose Park, IL Chicago, IL

15 properties

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Turnkey Restaurant in River Grove

Updated: Mar 2

Turnkey Restaurant in River Grove

8347 Grand Avenue, River Grove, IL 60171

$615,000

2,850 sqft

Turnkey restaurant property ready for immediate occupancy.
Prime location in the heart of River Grove's Grand Ave retail corridor.
2,850 SF freestanding building fully built out for restaurant use.
Located next to Starbucks, benefiting from high foot traffic.
Surrounded by established neighborhood businesses and a dense residential base.

This listing looks promising.

Here's a quick look at some key insights for

8347 Grand Avenue, River Grove, IL 60171

View Property Analytics

Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$48K
Annual
Mortgage

$230K
Mar 2021
Last Sold

May 2021
$500K
Property Type

Retail Stores
Built 1926

View Property Analytics

Grand Avenue Assemblage Opportunity

Updated: May 18

Grand Avenue Assemblage Opportunity

8044 Grand Avenue, River Grove, IL 60171

$799,000

18,500 sqft · 0.14 AC lot

Large 18,500 SF assemblage with 150 feet of frontage on Grand Avenue.
Prime C3 Heavy Commercial zoning allows for diverse opportunities.
Package sale includes two improved commercial properties and one vacant parcel with private parking and rear alley access.
Mix of retail, office, general commercial, mixed‑use, and residential tenants already in place.
Excellent visibility and strong traffic exposure in a high‑demand commercial corridor.

Grand Avenue Assemblage Opportunity

Grand Avenue Assemblage Opportunity

8056 Grand Avenue, River Grove, IL 60171

$799,000

18,500 sqft · 0.14 AC lot

Prime commercial portfolio in River Grove with redevelopment potential.

Grand Avenue Assemblage Opportunity

Grand Avenue Assemblage Opportunity

8050 Grand Avenue, River Grove, IL 60171

$799,000

0.14 AC lot

Prime commercial portfolio in River Grove with redevelopment potential.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Commercial Property with Established Business

Commercial Property with Established Business

9011 Grand Avenue, River Grove, IL 60171

$419,000

0.07 AC lot

Live and work in this River Grove commercial property.

Truck Terminal with Maintenance Pit

Truck Terminal with Maintenance Pit

2314 North River Road, River Grove, IL 60171

$2,650,000

14,500 sqft · 1.70 AC lot

14,500 SF truck terminal with maintenance pit and office.

Corner Storefront Retail Site

Corner Storefront Retail Site

8324 Grand Avenue, River Grove, IL 60171

$3,200,000

For sale retail storefront at the northeast corner of Marwood and Grand Avenue in Cook County.

Grand Avenue Commercial Portfolio

Grand Avenue Commercial Portfolio

8056 Grand Avenue, River Grove, IL 60171

$799,000

0.43 AC lot

Three contiguous parcels on Grand Avenue in River Grove.

Grand Avenue Commercial Portfolio

Grand Avenue Commercial Portfolio

8044 Grand Avenue, River Grove, IL 60171

$799,000

0.42 AC lot

Three contiguous parcels in River Grove for package sale.

Grand Avenue Commercial Portfolio

Grand Avenue Commercial Portfolio

8050 Grand Avenue, River Grove, IL 60171

$799,000

0.42 AC lot

Three contiguous parcels on Grand Avenue, River Grove.

Veterinary Building on Grand Avenue

Veterinary Building on Grand Avenue

8035 Grand Ave, River Grove, IL

$399,500

3,200 sqft · 0.10 AC lot

3200 SF veterinary building for sale on busy Grand Avenue.

River Grove Commercial Investment Opportunity

River Grove Commercial Investment Opportunity

8517 W Grand Avenue, River Grove, IL 60171

$375,000

0.30 AC lot

Versatile property with potential for rental units or business operations.

River Grove Retail Building For Sale

River Grove Retail Building For Sale

8801 Grand Ave, River Grove, IL

$1,500,000

3,550 sqft · 0.35 AC lot

3,550 SF freestanding building on a 16,000 SF lot.

Specialty School Property For Sale

Specialty School Property For Sale

9011 Grand Avenue, River Grove, IL 60171

$419,000

For sale specialty school property with convenient drive-up access via Grand Avenue and nearby side-street parking.

Turnkey Restaurant Opportunity in River Grove

Turnkey Restaurant Opportunity in River Grove

8341-8343 Grand Avenue, River Grove, IL 60171

Contact for pricing

6,080 sqft

Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Chicago Commercial Property for Sale

Chicago Commercial Property for Sale

7710-14 W Belmont Avenue, Chicago, IL 60634

$899,999

0.12 AC lot

Commercial property available in Chicago, Illinois.

Commercial Building in Chicago, IL

Commercial Building in Chicago, IL

7714 W Belmont Avenue, Chicago, IL 60634

$399,999

0.06 AC lot

Commercial building suitable for stores, offices, restaurants, or medical use.

33.5 Acres Land For Sale

33.5 Acres Land For Sale

9200 West Fullerton Avenue, Franklin Park, IL 60131

Contact for pricing

33 sqft · 33.50 AC lot

33.5 acres of land available for redevelopment.

Prime Retail Development Opportunity

Prime Retail Development Opportunity

9000 W Belmont Ave, Franklin Park, IL 60131

$1,000,000

0.75 AC lot

High-traffic commercial land for sale or ground lease.

Off-Market Properties in River Grove, IL

Consider similar Off-Market properties in River Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

AUTO REPAIR, GARAGE

8104 Grand Ave, River Grove, IL 60171-1510

Value Estimation by Request

0.14 AC lot

INDUSTRIAL (GENERAL)

8256 Grand Ave, River Grove, IL 60171-1540

Value Estimation by Request

3,150 sqft · 0.14 AC lot

2608 Hessing St

RESIDENTIAL PARKING GARAGE

2608 Hessing St, River Grove, IL 60171

Value Estimation by Request

0.09 AC lot

RETAIL STORES (PERSONAL SERVICES)

8827 Grand Ave, River Grove, IL 60171-1388

$800,000

Estimated value

GARDEN APT, COURT APT (5+ UNITS)

8519 Grand Ave, River Grove, IL 60171-1487

$1,880,000

Estimated value

11,840 sqft · 0.37 AC lot

2903 Beulah Ave

RESIDENTIAL PARKING GARAGE

2903 Beulah Ave, River Grove, IL 60171-1311

Value Estimation by Request

0.07 AC lot

GARDEN APT, COURT APT (5+ UNITS)

2453 1st Ave, River Grove, IL 60171-1782

$2,150,000

Estimated value

14,900 sqft · 0.41 AC lot

RETAIL STORES (PERSONAL SERVICES)

8400 Grand Ave, River Grove, IL 60171-1416

$900,000

Estimated value

0.44 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2917 Elm St, River Grove, IL 60171-1390

Value Estimation by Request

1,824 sqft · 0.11 AC lot

River Grove, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in River Grove, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 64,800 square feet of properties for sale, with an estimated market value of $7,146,500.

Sale prices for business properties in River Grove, IL start at $349,000, averaging $1,020,928, and reaching up to $2,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 10K

Population Growth (5Y) +3.3%

Median Household Income $74,793

College Educated 30.8%

High-Yield Neighborhoods for Investment

Identify River Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60171	$1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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