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Turnkey Restaurant Opportunity in River Grove

8341-8343 Grand Avenue River Grove, IL 60171

8341-8343 Grand Avenue, River Grove, IL, 60171
Contact for pricing
For Sale
Contact for pricing

Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

Property Size6,080 SF
Days on Market60

Property Features for 8341-8343 Grand Avenue

General Information

Standard status
Active
Size
6,080 SF
Property subtype
Retail

Building Details

Year Built
1963
Listing Agency Millennium Properties R/E
Listed by Susan Silver · License #IL 475136992
Source Crexi
Added: May 20 Checked: Jul 17 at 2:35 pm

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 Millennium Properties R/E


Investment Insights

Based on property information with market context.

Available for sale is a 6,080 square foot freestanding single-tenant property, presenting a turnkey restaurant opportunity for an owner-user or investor. The property was completely remodeled in 2021 and features a fully equipped restaurant and bar with two dining rooms, a private all-season banquet room, and a dedicated carryout area. The facility includes three separate kitchens: a main kitchen, a dedicated gluten-free kitchen, and a second-floor prep kitchen, along with four walk-in coolers/freezers. The property is zoned C-2 Commercial and has municipal approval for gaming, offering flexibility and multiple revenue-generating opportunities for restaurant, banquet, entertainment, or hospitality concepts. Located at the intersection of Grand Avenue and Thatcher Avenue, the property benefits from high visibility and accessibility, with over 53,000 vehicles passing daily. Situated two blocks from the Metra station and surrounded by retailers and dining destinations such as Rosati’s Pizza, Starbucks, and Sunnyside Cannabis Dispensary, the location attracts local and commuter traffic. The surrounding dense population, strong daytime traffic counts, and proximity to major transportation corridors make this an ideal location for a destination restaurant or entertainment-driven business.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Conventional restaurant - Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.
Where is this conventional restaurant located?
The property is located at 8341-8343 Grand Avenue River Grove, IL.
What are key features of this property?
This property features: 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.
Contact an agent
(312) 338-3000 Call to check price and availability
More about this property
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