River Grove, IL
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    River Grove, IL Conventional Restaurants for Sale

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    Franklin Park, IL Melrose Park, IL Elmwood Park, IL
    Turnkey Restaurant in River Grove
    $650,000
    2,850 SF

    Turnkey Restaurant in River Grove

    8347 Grand Avenue, River Grove, IL 60171

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

    • Turnkey restaurant property ready for immediate occupancy.
    • Prime location in the heart of River Grove's Grand Ave retail corridor.
    • 2,850 SF freestanding building fully built out for restaurant use.
    • Located next to Starbucks, benefiting from high foot traffic.
    • Surrounded by established neighborhood businesses and a dense residential base.
    Updated: Mar 2
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

    Corner Development Site in Chicago
    $949,000
    4,055 SF

    Corner Development Site in Chicago

    High-visibility corner lot with development potential in Belmont Heights/Dunning.

    7455 W Irving Park Road, Chicago, IL 60634
    View details
    Turnkey Restaurant Venue with PPA
    $949,000
    4,055 SF

    Turnkey Restaurant Venue with PPA

    Fully renovated restaurant with licenses and uncommitted VGT potential.

    7455 W Irving Park Road, Chicago, IL 60634
    View details
    Wingstop Restaurant in Schiller Park
    $1,310,000
    1,400 SF

    Wingstop Restaurant in Schiller Park

    Single-tenant Wingstop restaurant in the Chicago MSA for sale.

    9732 W. Irving Park Road |, Schiller Park, IL 60176
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    Schiller Park Retail Strip Center
    $3,595,000
    23,000 SF

    Schiller Park Retail Strip Center

    Six-tenant strip center near O'Hare Airport and Schiller Park.

    4940 River Rd, Schiller Park, IL 60176
    View details

    River Grove, IL Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in River Grove, IL on our real estate platform. These investment opportunities span a total of 2,850 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for conventional restaurants in River Grove, IL start at $650,000, averaging $650,000, and reaching up to $650,000 — 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in River Grove.

    Top Commercial Asset Segments

    Conventional restaurants 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify River Grove submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60171 $650K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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