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

Contact for pricing
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

Contact for pricing
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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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 10 Potential Opportunities for your consideration. Besides 2 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.

Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

9707-29 W Grand Avenue, Franklin Park, IL 60131

$979,000
14,500 sqft 1.18 AC lot

Multiple commercial spaces combine retail, service, fitness, food, and restaurant uses with dedicated parking and prominent signage.

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Two-Unit Mixed-Use Property
Two-Unit Mixed-Use Property

7710-12 W Belmont Ave, Chicago, IL 60634

$749,999
4,000 sqft

Combined office and restaurant uses with separate utilities and rear tandem parking.

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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

7455 W Irving Park Road, Chicago, IL 60634

$949,000

Renovated freestanding building combines a restaurant, apartment, and dedicated parking on a commercial corner site.

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Renovated Mixed-Use Building
Renovated Mixed-Use Building

9999 Confidential Avenue, Franklin Park, IL 60131

$2,200,000
0.38 AC lot

Combines retail and food-service operations with two renovated residential units.

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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 2 restaurants for sale in River Grove, IL on our real estate platform. These investment opportunities span a total of 12,160 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 2

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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