Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8347 Grand Ave River Grove, IL 60171

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $642,575

    Restaurant and bar with an open floor plan and parking.

    Property size:
    2,100 SF
    Lot size:
    0.07 Acres

    Property Features for 8347 Grand Ave

    General Information

    Size
    2,100 SF
    Lot size
    0.07 Acres

    Source: SVN | Chicago - Corporate Agent Spero Adamis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar with Parking

    This property, suitable for restaurant, bar, or retail use, features an open floor plan with a 10-foot ceiling height. It includes a large bar with 16 tap lines and seating for 12. The property is equipped with all Furniture, Fixtures, and Equipment (FF&E). A 12-foot hood is in place. The property provides direct access to a free parking lot located in the rear. The property size is 2,100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sama - Taproom & Kitchen Bar Tipsy Goat Bar ... Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lacey's Place, Sama - Taproom & Kitchen, Nikki's Cafe & Bar, Home Stretch Inn, The Sportz Nook

    Location Insight

    • Map
    • Local Demand
    City
    River Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.8351706
    Latitude
    41.9283443

    Nearby Similar for Sale

    • $1,875,000

      New Construction Duplex in River Grove

      Brand new duplex with high-end finishes and income potential.
      2718 Budd St, River Grove, IL 60171
      View Details
    • $859,900

      Renovated Two-Unit Residence with Garage

      Fully renovated two-unit property with commercial zoning and contractor's garage.
      8211 W Grand Ave, River Grove, IL 60171
      View Details
    • $419,000

      Mixed-Use Property with Business Opportunity

      Live and work in this River Grove mixed-use property.
      9011 Grand Ave, River Grove, IL 60171
      View Details
    • $899,000
      4,914 SF

      River Grove Multifamily Investment Property

      Fully rented 6-unit brick building near transportation and stores.
      8233 W Oconnor Dr, River Grove, IL 60171
      View Details
    • $399,500
      3,200 SF

      Veterinary Building on Grand Avenue

      3200 SF veterinary building for sale on busy Grand Avenue.
      8035 Grand Ave, River Grove, IL 60171
      View Details
    • $1,500,000
      3,550 SF

      River Grove Retail Building For Sale

      3,550 SF freestanding building on a 16,000 SF lot.
      8801 Grand Ave, River Grove, IL 60171
      View Details

    FAQs

    What type of property is this?
    Bar - Restaurant and bar with an open floor plan and parking.
    Where is this bar located?
    The property is located at 8347 Grand Ave River Grove, IL.
    What is the asking price?
    The asking price for this property is $642,575.
    What are key features of this property?
    This property features: - Open floor plan with **10ft ceiling height**; - **Large bar with 16 tap lines** and seating for 12; - All FF&E in place
    (312) 446-3173
    Request Owner's contact information
    8347 Grand Ave River Grove, IL 60171
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8347 Grand Ave
    River Grove, IL 60171
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8347 Grand Ave River Grove, IL 60171
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.