River Grove, IL
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    River Grove, IL Restaurants for Sale

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    Franklin Park, IL Melrose Park, IL Elmwood Park, IL
    Turnkey Restaurant in River Grove
    $650,000
    2,850 SF

    Turnkey Restaurant in River Grove

    8347 Grand Avenue, River Grove, IL 60171

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

    • Turnkey restaurant property ready for immediate occupancy.
    • Prime location in the heart of River Grove's Grand Ave retail corridor.
    • 2,850 SF freestanding building fully built out for restaurant use.
    • Located next to Starbucks, benefiting from high foot traffic.
    • Surrounded by established neighborhood businesses and a dense residential base.
    Updated: Mar 2
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Corner Development Site in Chicago
    $949,000
    4,055 SF

    Corner Development Site in Chicago

    High-visibility corner lot with development potential in Belmont Heights/Dunning.

    7455 W Irving Park Road, Chicago, IL 60634
    View details
    Commercial Building in Chicago, IL
    $399,999
    0.06 Acres

    Commercial Building in Chicago, IL

    Commercial building suitable for stores, offices, restaurants, or medical use.

    7714 W Belmont Avenue, Chicago, IL 60634
    View details
    Wingstop Restaurant in Schiller Park
    $1,310,000
    1,400 SF

    Wingstop Restaurant in Schiller Park

    Single-tenant Wingstop restaurant in the Chicago MSA for sale.

    9732 W. Irving Park Road |, Schiller Park, IL 60176
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    Schiller Park Retail Strip Center
    $3,595,000
    23,000 SF

    Schiller Park Retail Strip Center

    Six-tenant strip center near O'Hare Airport and Schiller Park.

    4940 River Rd, Schiller Park, IL 60176
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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
    $1,100,000

    Melrose Park Land For Sale

    Commercial land available in Melrose Park, Illinois.

    2305 N Mannheim Road, Melrose Park, IL 60164
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    Chicago Commercial Opportunity For Sale
    $525,000
    0.21 Acres

    Chicago Commercial Opportunity For Sale

    Prime commercial location near I-290 in West Garfield Park.

    628 S Cicero Avenue, Chicago, IL 60644
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    Land Near Eisenhower Expressway
    $250,000
    0.22 Acres

    Land Near Eisenhower Expressway

    Commercial land available near public transportation in Chicago, Illinois.

    3159 W Madison Street, Chicago, IL 60612
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    Vacant Lot in Chicago
    $125,000
    0.11 Acres

    Vacant Lot in Chicago

    Development opportunity in East Garfield Park near Madison Street.

    3153 W Madison Street, Chicago, IL 60612
    View details

    River Grove, IL Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in River Grove, IL on our real estate platform. These investment opportunities span a total of 2,850 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for restaurant properties in River Grove, IL start at $650,000, averaging $650,000, and reaching up to $650,000 — 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 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60171 $650K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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