Turnkey Former Restaurant
For Sale
Contact for pricing
8341 Grand Ave, River Grove, IL 60171
Freestanding former restaurant space remodeled in 2021 with three kitchens, two dining rooms, and an all-season banquet room.
Property Size6,080 SF
Days on Market60
Property Features for 8341 Grand Ave
General Information
Standard status
Active
Size
6,080 SF
Property subtype
RETAIL
Building Details
Year Renovated
2021
Tenancy
Single
Listing Agency:
Millennium Properties Real Estate
(312) 338-3003
Listed By:
Daniel J. Hyman · License #471.013658X
Source:
Moodyscre
Added: Jun 2
Changed: Jul 31
Last Checked: Jul 31 at 12:17AM
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 Real Estate
Investment Insights
Based on property information with market context.
Freestanding, single-tenant turnkey former restaurant space totaling 6,080 SF. The space was fully remodeled in 2021 and is laid out with three kitchens, two dining rooms, and an all-season banquet room. The configuration supports a restaurant operation and also offers flexibility for other uses such as office and commercial, and the buildings can be separated.
An adjoining free city parking area is available for customers or visitors. The property is also about two blocks from the River Grove Metra station.
This is a straightforward option for an owner-user or an investor seeking a remodeled restaurant footprint with multiple interior zones for dining and events, plus practical access via nearby parking and transit.
An adjoining free city parking area is available for customers or visitors. The property is also about two blocks from the River Grove Metra station.
This is a straightforward option for an owner-user or an investor seeking a remodeled restaurant footprint with multiple interior zones for dining and events, plus practical access via nearby parking and transit.
Key Highlights
- 6,080 SF freestanding former restaurant space
- Fully remodeled in 2021 with three kitchens
- Two dining rooms plus an all‑season banquet room
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Apparel 29%
Dining 20%
Groceries 18%
Ross Dress for Less
Apparel
23,729 visits/mo
0.4 miles
Starbucks
Dining
16,281 visits/mo
0.1 miles
Binny's Beverage Depot
Groceries
15,017 visits/mo
0.5 miles
BP
Shops & Services
10,417 visits/mo
0.4 miles
dd's DISCOUNTS
Shops & Services
9,537 visits/mo
0.4 miles
Demographics for 60171, IL
10,612
Population
4,456
Households
2.4
Avg Household Size
40
Median Age
26%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
4,614
Density / Sq Mi
$74,793
Median Household Income
$43,696
Median Earnings
$1,230
Median Rent
$244,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding former restaurant space remodeled in 2021 with three kitchens, two dining rooms, and an all-season banquet room.
Where is this conventional restaurant located?
The property is located at 8341 Grand Ave River Grove, IL.
What are key features of this property?
This property features: 6,080 SF freestanding former restaurant space; Fully remodeled in 2021 with three kitchens; Two dining rooms plus an all‑season banquet room
