Conventional Restaurant

Oak Park, IL Conventional Restaurants for Sale

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Oak Park Restaurant Investment Opportunity
Updated: Mar 19
Oak Park Restaurant Investment Opportunity

846 Madison St, Oak Park, IL 60302

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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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Restaurant Condo with Kitchen
Updated: Apr 11
Restaurant Condo with Kitchen

107 N Oak Park Ave, Oak Park, IL 60301

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Bank‑owned 1st‑floor commercial condo in the Oak Park Avenue retail corridor
Historically a restaurant space with a large dining area
Includes prep area within the dining area and multiple prep rooms
Kitchen equipment includes 2 freezers and a large cooking ventilation area
Includes a small 2nd‑floor office
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Storefront Building with Basement
Storefront Building with Basement

5638 W CHICAGO AVE, Chicago, IL 60651

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3,600 sqft

B3-2-zoned commercial building with parking, rough-in construction, and a basement.

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Restaurant Building with Secured Back Parking
Restaurant Building with Secured Back Parking

336 S Laramie Avenue, Chicago, IL 60644

$200,000

First-floor restaurant with secured back parking, plus a second-floor two-bedroom apartment needing a total gut rehab.

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Bar with Exposed Brick Front
Bar with Exposed Brick Front

6317 Roosevelt Road, Berwyn, IL 60402

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Full kitchen with equipment included supports a bar and restaurant concept with separate bathrooms and a DJ booth.

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Restaurant Investment Property
Restaurant Investment Property

6317 Roosevelt Rd, Berwyn, IL 60402

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For-sale restaurant property in Berwyn leased to a long-term tenant with a 6,000 sq. ft space.

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Oak Park, IL Conventional Restaurants Market Trends and Statistics

Explore 2 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Commercial kitchens 1
Drive through restaurants 1

Demographics Overview

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

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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