Conventional Restaurant

Richton Park, IL Conventional Restaurants for Sale

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Matteson, IL Monee, IL University Park, IL Olympia Fields, IL Frankfort, IL Flossmoor, IL Chicago Heights, IL Tinley Park, IL
Freestanding Restaurant with Drive-Through
Updated: Aug 8
Freestanding Restaurant with Drive-Through

22048 Governors Hwy, Richton Park, IL 60471

$475,000
3,300 sqft
3,300‑square‑foot freestanding restaurant building with drive‑through
38 parking spaces and seating for 120
Situated on a 1.06‑acre lot
Adjacent 0.83‑acre lot also available
Approximately 20,000 VPD on Governors Hwy
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Richton 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.

Corner Restaurant Property
Corner Restaurant Property

18301 Oak Park Ave, Tinley Park, IL 60477

$350,000
2,900 sqft

Freestanding commercial property offered as-is, with potential for continued restaurant use subject to village approval.

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Bar And Grill With Office Unit
Bar And Grill With Office Unit

1361 Benton Street, Crete, IL 60417

$849,900
0.38 AC lot

Two-unit commercial property includes a dining area, full bar, separate entrance, and former dental office.

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Two-Story Multi-Tenant Restaurant Building
Two-Story Multi-Tenant Restaurant Building

1334-1338 Main St, Crete, IL 60417

Contact for pricing
18,651 sqft

Two-story multi-tenant restaurant building with tasting room, storage/office space, surface parking for 20, and 800-amp heavy power.

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Corner Restaurant Property
Corner Restaurant Property

18301 Oak Park Avenue, Tinley Park, IL 60477

$350,000
0.70 AC lot

Existing restaurant and bar improvements sit on a nearly seven-tenths-acre parcel with central air and metal roofing.

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Richton Park, IL Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Richton Park, IL on our real estate platform. These investment opportunities span a total of 3,300 square feet of properties for sale, with an estimated market value of $475,000.

Sale prices for conventional restaurants in Richton Park, IL average $475,000 — 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 1
Drive through restaurants 1

Demographics Overview

Population 13K
Population Growth (5Y) -8.6%
Median Household Income $72,241
College Educated 41.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60471 $475K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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