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    Oak Park, IL
    Conventional Restaurant

    Oak Park, IL Conventional Restaurants for Sale

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    Forest Park, IL River Forest, IL Chicago, IL
    Oak Park Restaurant Investment Opportunity
    Updated: Mar 19
    Oak Park Restaurant Investment Opportunity

    846 Madison St, Oak Park, IL 60302

    $845,000
    5,500 sqft · 0.16 AC lot
    Single‑tenant net leased property with Robinson's No. 1 Ribs, a well‑established and award‑winning local restaurant with a lease in place until 2031.
    Triple‑net lease structure provides a hands‑off investment opportunity.
    Located in a robust and highly‑rated (A+ by Niche.com) area of Oak Park, Illinois.
    Excellent location with high visibility on Madison Street, close to major mixed‑use developments and public transit.
    Strong demographics with a high population density and affluent household incomes.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Oak Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turnkey Restaurant in River Grove
    Turnkey Restaurant in River Grove

    8347 Grand Avenue, River Grove, IL 60171

    $650,000
    2,850 sqft

    Freestanding 2,850 SF restaurant property ready for immediate occupancy.

    View details
    Mixed-Use Theater and Apartments
    Mixed-Use Theater and Apartments

    5401 West Madison Street, Chicago, IL 60644

    $415,000
    6,752 sqft

    Purpose-built theater with mixed-use space and two apartments, offering flexible zoning and on-site residential income potential.

    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

    Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

    View details
    Mixed Use, Office, Retail
    Mixed Use, Office, Retail

    6924 W North Ave, Chicago, IL 60707

    $889,000
    6,100 sqft

    Day care centers · 6,100 SF

    View details

    Oak Park, IL Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Oak Park, IL on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $845,000.

    Sale prices for conventional restaurants in Oak Park, IL start at $845,000, averaging $845,000, and reaching up to $845,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 2
    Conventional restaurants 1

    Demographics Overview

    Population 53K
    Population Growth (5Y) +12.5%
    Median Household Income $109,252
    College Educated 83.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60302 $845K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Oak Park fall within the 5,000 to 10,000 square foot range.

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