Restaurants

University Park, IL Restaurants for Sale

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Monee, IL Crete, IL Richton Park, IL Steger, IL Matteson, IL Beecher, IL Olympia Fields, IL Frankfort, IL
Grocery and Convenience Store
Updated: Sep 14
Grocery and Convenience Store

541 University Parkway, University Park, IL 60484

$599,900
9.56 AC lot
2,115‑square‑foot grocery, convenience, and liquor store building
Functional restaurant area with commercial kitchen
Large walk‑in refrigerator and checkout counter
Extensive parking on site
Wood and vinyl siding with composition roof
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Convenience Store with Restaurant
Updated: Sep 22
Convenience Store with Restaurant

541 University Pkwy, University Park, IL 60484

$599,900
2,115 sqft 6.50 AC lot
2,115‑square‑foot convenience and liquor store property with restaurant
6.5‑acre lot
Commercial kitchen and large walk‑in refrigerator
Extensive parking
Built in 1900
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in University Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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 Bar
Mixed-Use Property with Bar

1361 Benton Street, Crete, IL 60417

$849,900
4,209 sqft

A separate-entry former dental office adds a second commercial space alongside the restaurant and bar.

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Bar And Grill With Office Unit
Bar And Grill With Office Unit

1361 Benton Street, Crete, IL 60417

$849,900
0.38 AC lot

Two-unit commercial property includes a dining area, full bar, separate entrance, and former dental office.

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Restaurant Space with Patio
Restaurant Space with Patio

21420 S Cicero Avenue, Matteson, IL 60443

$550,000

An approved 70-seat layout provides a bar, full kitchen, office, and two restrooms.

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Prime Commercial Site on Route 30
Prime Commercial Site on Route 30

3601-3611 Lincoln Hwy, Matteson, IL 60443

$450,000
0.86 AC lot

37,386 SF site ideal for retail, office, or restaurant.

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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 Development Land
Commercial Development Land

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800
2.53 AC lot

Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

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Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Frankfort Land for Mixed-Use Development
Frankfort Land for Mixed-Use Development

795 Center Road, Frankfort, IL 60423

Contact for pricing
11.00 AC lot

Approximately 11 acres of land for mixed-use development.

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C-2 Commercial Land Parcel
C-2 Commercial Land Parcel

8080 Us-41, Schererville, IN 46375

$385,000
1.21 AC lot

Community Commercial zoning supports retail, service, medical, fitness, and specialty food uses.

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Off-Market Properties in University Park, IL

Consider similar Off-Market properties in University Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

541 University Pkwy
Restaurants

541 University Pkwy, University Park, IL 60484

Estimated value: by Request
6.50 AC lot
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University Park, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in University Park, IL on our real estate platform. These investment opportunities span a total of 2,115 square feet of properties for sale, with an estimated market value of $1,199,800.

Sale prices for restaurant properties in University Park, IL average $599,900 — 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

Commercial property segments ranked by active listings on the market

Commercial kitchens 2
Conventional restaurants 1

Demographics Overview

Population 28K
Population Growth (5Y) -1.7%
Median Household Income $63,409
College Educated 36.1%

High-Yield Neighborhoods for Investment

Identify University Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60484 $599.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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