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    Melrose Park, IL
    Conventional Restaurant

    Melrose Park, IL Conventional Restaurants for Sale

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    Maywood, IL Bellwood, IL Franklin Park, IL River Forest, IL River Grove, IL Elmwood Park, IL Oak Park, IL Hillside, IL
    Bar and Pub Real Estate
    Updated: Apr 13
    Bar and Pub Real Estate

    1911 Rice Street, Melrose Park, IL 60160

    $499,900
    0.23 AC lot
    0.2296‑acre property in Melrose Park, IL
    COMMR commercial zoning
    Central air conditioning
    Composition roof
    Real estate only
    View details
    Mixed-Use Restaurant Property
    Updated: Sep 13
    Mixed-Use Restaurant Property

    6 N 19th Ave, Melrose Park, IL 60160

    $599,900
    Two‑unit mixed‑use property with a restaurant on the first floor and apartment above
    Approximately 4,900 vehicles per day with local pedestrian activity at the corner location
    Restaurant includes stoves, flat‑top grill, 5 refrigerators, prep stations, tables, chairs, and 5 flat‑screen TVs
    Upper‑level apartment has 3 bedrooms, 1 full bathroom, in‑unit laundry, and updated kitchen and bathroom
    Restaurant liquor license with 2 AM last call on premises
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    Drive-Through Restaurant
    Drive-Through Restaurant

    2037 N Mannheim Rd, Melrose Park, IL 60160

    Contact for pricing
    42,800 VPD

    A recently updated, vacant restaurant sits on a corridor with 42,800 vehicles per day.

    Drive-thru
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    3 active listings match your search: Restaurant for sale in Melrose Park, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    9707-29 W Grand Avenue, Franklin Park, IL 60131

    $979,000
    14,500 sqft  1.18 acres  3 buildings  Built 1955  Multi-tenant
    Highway access + Road access

    Multiple commercial spaces combine retail, service, fitness, food, and restaurant uses with dedicated parking and prominent signage.

    View details
    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  Built 1963 / renov 2021

    Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

    View details
    Turnkey Former Restaurant Space
    Turnkey Former Restaurant Space

    8341 Grand Ave, River Grove, IL 60171

    Contact for pricing
    Single tenant  6,080 sqft  Renovated 2021

    Freestanding former restaurant space remodeled in 2021 with three kitchens, two dining rooms, and an all-season banquet room.

    View details
    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    9999 Confidential Avenue, Franklin Park, IL 60131

    $2,200,000
    Business included  0.38 acres  1 building

    Combines retail and food-service operations with two renovated residential units.

    View details

    Melrose Park, IL Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Melrose Park, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for conventional restaurants in Melrose Park, IL start at $499,900, averaging $549,900, and reaching up to $599,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1

    Demographics Overview

    Population 55K
    Population Growth (5Y) -3.2%
    Median Household Income $71,815
    College Educated 15.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60160 $549.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    How Realmo verifies these figures

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