Palos Hills, IL
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    Palos Hills, IL Restaurants for Sale

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    Worth, IL Bridgeview, IL Hickory Hills, IL
    Turn-Key Banquet Hall with Apartments
    $1,049,000
    0.51 Acres
    Turn-Key Banquet Hall with Apartments

    10140 S Roberts Road, Palos Hills, IL 60465

    Mixed-use building with banquet hall and apartments near Chicago.
    • Turn‑key 7800 Sq Ft banquet hall with a maximum capacity of 260 people.
    • Prime location in the heart of Palos Hills on a high‑traffic road, 20 minutes from Chicago.
    • Large, well‑equipped commercial kitchen ideal for serving large crowds.
    • Includes a front bar and bridal suite.
    • Two residential apartments on the second floor offer flexible use (living or office).
    Updated: Jul 28, 2025
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    Palos Hills Free Standing Restaurant
    $750,000
    3,200 SF
    Palos Hills Free Standing Restaurant

    10331 S Roberts Rd, Palos Hills, IL 60465

    Free standing restaurant with patio in Palos Hills, Illinois.
    • ±3,200 SF Free Standing Restaurant with large patio (seats 180) and indoor capacity for 150.
    • Recent renovations including updated kitchen, hood, HVAC, roof, bar, plumbing, patio fireplace, entertainment system, restroom addition, parking lot, and digital signage.
    • Onsite parking lot with 28 surface spaces.
    • Excellent frontage on Roberts Road.
    • Stand alone Restaurant Opportunity.
    Updated: Nov 21, 2025
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    Palos Hills Freestanding Restaurant
    $750,000
    3,200 SF
    Palos Hills Freestanding Restaurant

    Freestanding restaurant with patio for sale in Palos Hills.

    10331 S Roberts Rd, Palos Hills, IL 60465

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Palos Hills, 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.

    Alsip Commercial Opportunity on Pulaski
    $859,000
    0.24 Acres
    Alsip Commercial Opportunity on Pulaski

    Turn-key auto repair shop with redevelopment potential in Alsip, IL.

    11849 S Pulaski Road, Alsip, IL 60803

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    Commercial Building on Cicero Avenue
    $1,950,000
    13,000 SF
    Commercial Building on Cicero Avenue

    High-traffic location suitable for retail, restaurant, office, or medical use.

    11346 S Cicero Avenue, Alsip, IL 60803

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    Turn-Key Bar in Summit, IL
    $275,000
    2,500 SF
    Turn-Key Bar in Summit, IL

    Mixed-use property with furnished commercial space and residential apartment.

    6105 S Archer Road, Summit, IL 60501

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    Turnkey Bar/Nightclub Business Opportunity
    $865,000
    0.18 Acres
    Turnkey Bar/Nightclub Business Opportunity

    Established bar/nightclub with potential for growth and additional income.

    5437 S Center Avenue, Summit, IL 60501

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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.

    Commercial Lot in Chicago Ridge
    $425,000
    0.55 Acres
    Commercial Lot in Chicago Ridge

    Prime commercial lot in high-traffic Chicago Ridge location for sale.

    6040 111th Street, Chicago Ridge, IL 60415

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    Corner Lot in Justice, IL
    $49,500
    0.34 Acres
    Corner Lot in Justice, IL

    0.34 acre corner lot ready for development in Justice, IL.

    7850 Garden Lane, Justice, IL 60458

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    Commercial Land in Willow Springs
    $895,000
    2.06 Acres
    Commercial Land in Willow Springs

    2.06 acres of vacant land with mixed-use zoning.

    8764 Archer Avenue, Willow Springs, IL 60480

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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres
    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480

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    Palos Hills, IL Restaurants Investment Opportunities Market Analysis

    Explore 3 restaurants for sale in Palos Hills, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,400 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for restaurant properties in Palos Hills, IL start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Conventional restaurants 2
    Bars & Pubs 1
    Turn key restaurants 1

    Demographics Overview

    Population 18K
    Population Growth (5Y) +3.8%
    Median Household Income $83,969
    College Educated 34.3%

    High-Yield Neighborhoods for Investment

    Identify Palos Hills submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60465 $849.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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