Turnkey Restaurant Opportunity in River
8341-8343 Grand Avenue River Grove, IL 60171
8341-8343 Grand Avenue, River Grove, IL, 60171
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For Sale
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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
(312) 338-3000
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
Similar For Sale Nearby
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.