Restaurants

River Grove, IL Restaurants for Sale

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Turnkey Restaurant Opportunity in River Grove
Updated: May 20
Turnkey Restaurant Opportunity in River Grove

8341-8343 Grand Avenue, River Grove, IL 60171

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6,080 sqft
Turnkey restaurant opportunity with a fully equipped restaurant and bar.
Completely remodeled in 2021.**
Three separate kitchens: main, dedicated gluten‑free, and second‑floor prep.
High‑traffic location at the intersection of Grand and Thatcher Avenues (53,000+ vehicles daily).**
C‑2 Commercial zoning with municipal approval for gaming.
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Turnkey Former Restaurant Space
Updated: Jun 2
Turnkey Former Restaurant Space

8341 Grand Ave, River Grove, IL 60171

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6,080 sqft
6,080 SF freestanding former restaurant space
Fully remodeled in 2021 with three kitchens
Two dining rooms plus an all‑season banquet room
Buildings can be separated for flexible configuration
Adjoining free city parking
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Turnkey Restaurant in River Grove
Turnkey Restaurant in River Grove

8347 Grand Avenue, River Grove, IL 60171

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2,850 sqft

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

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in River Grove, 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.

Second-Generation Restaurant with Full Kitchen
Second-Generation Restaurant with Full Kitchen

7534 W Addison Street, Chicago, IL 60634

$89,000
1,750 sqft

Second-generation restaurant buildout with large front windows, ADA bathroom, and an existing commercial kitchen with 12-foot hood.

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Corner Retail with Rear Coach House
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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Highly Visible Corner Retail Site
Highly Visible Corner Retail Site

3145-3147 N Mannheim Rd, Franklin Park, IL 60131

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Corner land parcel with 272 feet of frontage on Mannheim, plus two freestanding buildings including one restaurant.

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Full-Service Restaurant and Banquet Facility
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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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
Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Transit-Accessible Commercial Land
Transit-Accessible Commercial Land

3159 W Madison Street, Chicago, IL 60612

$250,000
0.22 AC lot

COMMR-zoned parcel with access to CTA rail and bus service.

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Vacant Lot in Chicago
Vacant Lot in Chicago

3153 W Madison Street, Chicago, IL 60612

$125,000
0.11 AC lot

Development opportunity in East Garfield Park near Madison Street.

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Addison Land For Sale
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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River Grove, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in River Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,010 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 10K
Population Growth (5Y) +3.3%
Median Household Income $74,793
College Educated 30.8%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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