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Mixed-Use Property with Restaurant
For Sale
$979,000

9707-29 W Grand Avenue, Franklin Park, IL 60131

Multiple commercial spaces combine retail, service, fitness, food, and restaurant uses with dedicated parking and prominent signage.

Property Size14,500 SF
Lot Size1.18 Acres
Price / SF$67.52
Days on Market8

Property Features for 9707-29 W Grand Avenue

General Information

Standard status Active
Size 14,500 SF
Lot size 1.18 Acres
Property subtype COMMERCIAL

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $93,124

Building Details

Building Size 14,500 SF
Year Built 1955
Buildings 3
Tenancy Multi
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Dawnmckennagroup
Added: Sep 17 Changed: Sep 23 Last Checked: Sep 22 at 10:30PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This mixed-use commercial property comprises three buildings totaling approximately 14,500 SF on an approximately 51,500 SF lot. Six commercial units accommodate a varied tenant mix that includes retail, convenience, food, fitness, dance, and personal-service uses. A freestanding restaurant building adds dedicated parking and prominent signage. The approximately 6,500 SF former Sneakers Sports Bar & Grill space operated at the property since 2002 and is partially rebuilt, providing an existing restaurant-oriented improvement within the broader commercial offering.

The property is located at 9707-29 W Grand Avenue in Franklin Park, Illinois, with access to O'Hare International Airport, I-294, I-90, I-290, and the area's rail network. Its combination of occupied commercial space, restaurant improvements, on-site parking, and visible signage supports both investment and owner-user considerations.

Key Highlights

  • Three buildings totaling approximately 14,500 SF on an approximately 51,500 SF lot
  • Six commercial units with retail, convenience, food, fitness, dance, and personal‑service uses
  • Approximately 6,500 SF former Sneakers Sports Bar & Grill space, partially rebuilt

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 37% Electronics 1%
McDonald's Dining
20,356 visits/mo 0.3 miles
Shell Shops & Services
17,054 visits/mo 0.1 miles
Culver's Dining
13,422 visits/mo 0.1 miles
Taco Bell Dining
8,575 visits/mo 0.2 miles
Mobil Shops & Services
4,723 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple commercial spaces combine retail, service, fitness, food, and restaurant uses with dedicated parking and prominent signage.
Where is this mixed-use property located?
The property is located at 9707-29 W Grand Avenue Franklin Park, IL.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Three buildings totaling approximately 14,500 SF on an approximately 51,500 SF lot; Six commercial units with retail, convenience, food, fitness, dance, and personal‑service uses; Approximately 6,500 SF former Sneakers Sports Bar & Grill space, partially rebuilt
More about this property
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