Conventional Restaurant

River Grove, IL Conventional Restaurants for Sale

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Turnkey Restaurant Opportunity in River Grove
Updated: May 20
Turnkey Restaurant Opportunity in River Grove

8341-8343 Grand Avenue, River Grove, IL 60171

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6,080 sqft
Turnkey restaurant opportunity with a fully equipped restaurant and bar.
Completely remodeled in 2021.**
Three separate kitchens: main, dedicated gluten‑free, and second‑floor prep.
High‑traffic location at the intersection of Grand and Thatcher Avenues (53,000+ vehicles daily).**
C‑2 Commercial zoning with municipal approval for gaming.
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Turnkey Former Restaurant Space
Updated: Jun 2
Turnkey Former Restaurant Space

8341 Grand Ave, River Grove, IL 60171

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6,080 sqft
6,080 SF freestanding former restaurant space
Fully remodeled in 2021 with three kitchens
Two dining rooms plus an all‑season banquet room
Buildings can be separated for flexible configuration
Adjoining free city parking
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Turnkey Restaurant in River Grove
Turnkey Restaurant in River Grove

8347 Grand Avenue, River Grove, IL 60171

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2,850 sqft

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

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in River Grove, 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.

Second-Generation Restaurant with Full Kitchen
Second-Generation Restaurant with Full Kitchen

7534 W Addison Street, Chicago, IL 60634

$89,000
1,750 sqft

Second-generation restaurant buildout with large front windows, ADA bathroom, and an existing commercial kitchen with 12-foot hood.

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Freestanding Restaurant with PPA and Liquor License
Freestanding Restaurant with PPA and Liquor License

7455 W Irving Park Road, Chicago, IL 60634

$949,000

Fully renovated restaurant with a PPA-licensed venue and liquor and food licensing, plus on-site parking and a residential unit.

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Highly Visible Corner Retail Site
Highly Visible Corner Retail Site

3145-3147 N Mannheim Rd, Franklin Park, IL 60131

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Corner land parcel with 272 feet of frontage on Mannheim, plus two freestanding buildings including one restaurant.

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Full-Service Restaurant and Banquet Facility
Full-Service Restaurant and Banquet Facility

9755 W Grand Avenue, Franklin Park, IL 60131

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Operating banquet and full-service restaurant with a fully equipped kitchen and a large parking lot.

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River Grove, IL Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in River Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,010 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 3

Demographics Overview

Population 10K
Population Growth (5Y) +3.3%
Median Household Income $74,793
College Educated 30.8%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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