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Freestanding Restaurant with Drive-Through
For Sale
$475,000

22048 Governors Hwy, Richton Park, IL 60471

Freestanding restaurant with drive-through, on-site parking, and dine-in seating.

Property Size3,300 SF
Price / SF$143.94
Days on Market24

Property Features for 22048 Governors Hwy

General Information

Standard status Active
Size 3,300 SF

Building Details

Year Built 1970
Listing Agency: SK Properties Group, LLC
Listed By: Zohaib Sarvana
Source: Bktchicago
Added: Aug 8 Changed: Aug 29 Last Checked: Aug 30 at 7:18PM

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 SK Properties Group, LLC

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes a 3,300-square-foot building, drive-through service, 38 parking spaces, and seating for 120. Constructed in 1970, the property is situated on a 1.06-acre lot and is served by well water and city sewer. An adjacent 0.83-acre lot is also available.

The property fronts Governors Hwy in Richton Park, near the Metra station and the Sauk Trail and Rt. 30 intersection. Reported traffic volume is approximately 20,000 VPD. The existing configuration combines drive-through and dine-in components within a standalone restaurant setting.

Key Highlights

  • 3,300‑square‑foot freestanding restaurant building with drive‑through
  • 38 parking spaces and seating for 120
  • Situated on a 1.06‑acre lot

Property Analytics

Current Use

Liang's Restaurant Liang's Chinese Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Restaurant Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60471, IL

13,155
Population
5,505
Households
2.4
Avg Household Size
40
Median Age
30%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,289
Density / Sq Mi
$72,241
Median Household Income
$47,029
Median Earnings
$1,319
Median Rent
$200,800
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant with drive-through, on-site parking, and dine-in seating.
Where is this conventional restaurant located?
The property is located at 22048 Governors Hwy Richton Park, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3,300‑square‑foot freestanding restaurant building with drive‑through; 38 parking spaces and seating for 120; Situated on a 1.06‑acre lot
More about this property
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