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    Palos Hills, IL
    Conventional Restaurant

    Palos Hills, IL Conventional Restaurants for Sale

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    Bridgeview, IL Worth, IL Chicago Ridge, IL Hickory Hills, IL Palos Park, IL Palos Heights, IL Alsip, IL Orland Park, IL
    Freestanding Restaurant with Patio
    Updated: Feb 18
    Freestanding Restaurant with Patio

    Palos Hills, IL 60465

    $750,000
    3,200 sqft
    ±3,200 SF freestanding restaurant building
    Indoor seating capacity for 150
    Outdoor patio seating for approximately 180
    28 surface parking spaces on site
    Updated kitchen, hood, HVAC, roof, bar, plumbing, and restroom addition
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    This listing looks promising.

    Here's a quick look at some key insights for

    10331 S Roberts Rd Palos, Hills, IL 60465

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    • Est. Cap Rate

      7.1%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Mortgage

      $364K
      Jul 2021

    • Last Sold

      Jul 2021
      $430K

    • Property Type

      Retail Stores
      Built 1988
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    Palos Hills Free Standing Restaurant
    Updated: Nov 21, 2025
    Palos Hills Free Standing Restaurant

    10331 S Roberts Rd, Palos Hills, IL 60465

    $700,000
    ±3,200 SF Free Standing Restaurant with large patio (seats 180) and indoor capacity for 150.
    Recent renovations including updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage.
    Onsite parking lot with 28 surface spaces.
    Excellent frontage on Roberts Road**.
    Stand alone Restaurant Opportunity.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Palos Hills, 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.

    Fully Leased NNN Retail Property
    Fully Leased NNN Retail Property

    9915 S Ridgeland Ave, Chicago Ridge, IL 60415

    Contact for pricing
    11,659 sqft

    Fully leased retail holding with adjacent restaurant and auto service center parcels under a triple-net structure.

    View details
    Built-Out Restaurant with Outdoor Dining
    Built-Out Restaurant with Outdoor Dining

    6336 111TH ST, Chicago Ridge, IL 60415

    Contact for pricing
    2,024 sqft

    B1-3-zoned restaurant with commercial kitchen infrastructure, bar improvements, and outdoor dining.

    View details
    Restaurant Property For Sale
    Restaurant Property For Sale

    12226 S Harlem Avenue, Palos Heights, IL 60463

    $250,000

    Restaurant property on Harlem Ave, south of Route 83 in Palos Heights.

    View details
    Established Italian Restaurant Business
    Established Italian Restaurant Business

    12207 S Harlem Avenue, Palos Heights, IL 60463

    Contact for pricing

    Long-running restaurant operation with owner-provided transition training and established management procedures.

    View details

    Palos Hills, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Palos Hills, IL on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $1,450,000.

    Sale prices for conventional restaurants in Palos Hills, IL start at $700,000, averaging $725,000, and reaching up to $750,000 — 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

    Conventional restaurants 3
    Bars & Pubs 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +3.8%
    Median Household Income $83,969
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60465 $750K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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