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Full-Service Restaurant and Banquet Facility
For Sale
Contact for pricing
Pending

9755 W Grand Avenue, Franklin Park, IL 60131

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

Days on Market112

Property Features for 9755 W Grand Avenue

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 27,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 28 at 11:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This property is an operating banquet facility and full-service restaurant. The kitchen is fully equipped and described as nearly turn-key for a new operator. The offering includes extensive on-site parking, designed to support events and regular dining operations.

Located along Grand Avenue in Franklin Park, the property benefits from visibility to more than 27,000 VPD and has signage hanging over Grand Avenue. The site is approximately two miles from Interstate 294 (I-294), seven miles from O’Hare Airport, and about 18 miles from downtown Chicago.

The business has been operating for decades and is described as well established in the market. The real estate can be purchased with the business for an additional $200,000.

Key Highlights

  • Operating banquet facility and full‑service restaurant with fully equipped, kitchen ready for a new operator
  • Large parking lot for guests and event traffic
  • Visibility to 27,000+ VPD along Grand Avenue, with signage hanging over Grand Avenue

Property Analytics

Current Use

Sweet 15 Live Theater & Performing Art Venue Imperio de la ... Wedding Service Villa Brunetti Banquets Restaurant VB to Go Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair (Bike/Boat/Book/etc) Store Garden Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby
238k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 23% Groceries 19% Home Improvements & Furnishings 3%
Jewel-Osco Groceries
43,988 visits/mo 0.0 miles
McDonald's Dining
28,668 visits/mo 0.3 miles
Starbucks Dining
18,480 visits/mo 0.3 miles
Dunkin' Donuts Dining
15,075 visits/mo 0.1 miles
Chase Bank Shops & Services
14,184 visits/mo 0.3 miles

Demographics for 60131, IL

18,205
Population
6,120
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
3,371
Density / Sq Mi
$76,404
Median Household Income
$39,117
Median Earnings
$1,092
Median Rent
$261,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating banquet and full-service restaurant with a fully equipped kitchen and a large parking lot.
Where is this conventional restaurant located?
The property is located at 9755 W Grand Avenue Franklin Park, IL.
What are key features of this property?
This property features: Operating banquet facility and full‑service restaurant with fully equipped, kitchen ready for a new operator; Large parking lot for guests and event traffic; Visibility to 27,000+ VPD along Grand Avenue, with signage hanging over Grand Avenue
(847) 780-8062 Call to check price and availability
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