Palos Hills, IL Restaurants for sale

Updated: Nov 21, 2025

Palos Hills Free Standing Restaurant

10331 S Roberts Rd, Palos Hills, IL 60465

$750,000

3,200 sqft

±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.

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This listing looks promising.

Here's a quick look at some key insights for

10331 S Roberts Rd, Palos Hills, IL 60465

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$54K
Annual
Mortgage

$364K
Jul 2021
Last Sold

Jul 2021
$430K
Property Type

Retail Stores
Built 1988

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Mixed-Use Building with Patio

6906 West 111th Street, Worth, IL 60482

$949,900

5,400 sqft

Mixed-use property includes a storefront pub with an outdoor patio, plus three apartments and 20+ parking spaces.

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Mixed-Use Building in Worth Business District

6906-6908 111th Street, Worth, IL 60482

$949,900

0.31 AC lot

Immaculate mixed-use building with apartments, storefront, patio, and parking.

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Turn-Key Bar with Apartment

6105 S Archer Road, Summit, IL 60501

$272,500

0.06 AC lot

Fully furnished bar space with TVs and seating, plus a rear two-bedroom apartment for owner use or rent.

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Turnkey Bar and Nightclub

5437 S Center Avenue, Summit, IL 60501

$865,000

0.18 AC lot

Turnkey bar/nightclub for sale with an enclosed beer garden, gaming machines, and a rentable second-floor apartment.

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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 with 132-Foot Frontage

6040 111th Street, Chicago Ridge, IL 60415

$425,000

0.55 AC lot

Vacant commercial lot offering 132 feet of frontage and depth of 184 feet for flexible development planning.

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Commercial Land in Willow Springs

8764 Archer Avenue, Willow Springs, IL 60480

$895,000

2.06 AC lot

2.06 acres of vacant land with mixed-use zoning.

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Prime Corner Commercial Land Available

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000

1.90 AC lot

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

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Vacant Land in Booming District

11906 S Cicero, Alsip, IL 60803

$224,900

0.30 AC lot

Vacant land ideal for retail, office, or restaurant development.

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Palos Hills, IL Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Palos Hills, IL 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 $750,000.

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.

Neighborhood	Average Price
60465	$849.7K

Neighborhood

Average Price

60465

$849.7K

Palos Hills, IL Restaurants for Sale

10331 S Roberts Rd, Palos Hills, IL 60465