Franklin Park, IL Restaurants for sale

Updated: May 24, 2024

Schiller Park Commercial Opportunity

9845 Lawrence Avenue, Schiller Park, IL 60176

$1,990,000

0.45 AC lot

Restaurant/Bar with Real Estate and Liquor License Included
Recently Remodeled (Over $300K Investment)
Fully Operating Business (Immediate Income Potential)
Excellent Location Near O'Hare Airport
Convenient Access to I‑294, I‑90, and I‑94 Expressways

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Updated: Apr 11

Remodeled Banquet and Catering Facility

9827 Leland Ave, Schiller Park, IL 60176

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14,284 sqft

Remodeled 14,284 SF banquet/catering facility in the O'Hare market; price is for building and property at $1,200,000
Two ballrooms: 4,002 SF front banquet hall with dedicated entrance, large skylights, seating for 100+ and 30 on attached enclosed patio
5,200 SF back (Grand) Ballroom with its own entry/reception hall, bridal room, 4 washrooms (2 men + 2 women), and seating for 250+
5,082 SF kitchen between the ballrooms; supports banquets and outside catering simultaneously with dock access for deliveries/loading
2018 remodel included new drywall/paint, upgraded LED light fixtures, new lighted dance floor, updated flooring, and bathroom renovations; roof installed Nov 2017 with 10‑year warranty

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Remodeled Restaurant and Bar Property

9845 Lawrence Avenue, Schiller Park, IL 60176

$1,990,000

3,200 sqft

Turnkey restaurant/bar offering a liquor license with recently completed interior and exterior remodeling.

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Full-Service Restaurant and Banquet Facility

9755 W Grand Avenue, Franklin Park, IL 60131

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Operating banquet and full-service restaurant with a fully equipped kitchen and a large parking lot.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Franklin Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Restaurant in River Grove

8347 Grand Avenue, River Grove, IL 60171

$615,000

2,850 sqft

Freestanding 2,850 SF restaurant property ready for immediate occupancy.

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Corner Development Site with Restaurant

7455 W Irving Park Road, Chicago, IL 60634

$949,000

6,250 sqft 0.16 AC lot

Signalized corner site with a renovated freestanding restaurant and side parking, offering flexible neighborhood commercial use.

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Turnkey Restaurant Opportunity in River Grove

8341-8343 Grand Avenue, River Grove, IL 60171

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6,080 sqft

Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

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Corner Retail with Rear Coach House

7727 W Addison St, Chicago, IL 60634

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1,925 sqft

Single-story brick storefront plus a 1.5-story coach house, each with separate utilities and front and rear exits.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,100,000

Commercial land available in Melrose Park, Illinois.

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Addison Land For Sale

133 E Lake Street, Addison, IL 60101

$999,999

0.89 AC lot

Located in the heart of Addison, zoned B2.

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Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

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0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Vacant Lot in Algonquin Center

Ryan Parkway lot: 4 B, Algonquin, IL 60101

$120,000

0.32 AC lot

Commercial land in Algonquin town center near major retailers.

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Franklin Park, IL Restaurants Market Trends and Statistics

Explore 4 restaurants for sale in Franklin Park, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $1,990,000.

Sale prices for restaurant properties in Franklin Park, IL start at $1,990,000, averaging $1,990,000, and reaching up to $1,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.