312-338-3003
8341 Grand Ave, River Grove, IL for Sale
Restaurant - FOR SALE
1/14
null | Request Cap Rate

8341 Grand Ave
River Grove, IL 60171


HIGHLIGHTS

  • Turnkey restaurant property fully renovated in 2021 with three kitchens and multiple dining areas.
  • Located two blocks from River Grove Metra station for convenient commuter access.
  • Equipment is available for purchase separately to support immediate operation.
  • Zoning provides flexibility for hospitality, office, or commercial conversion opportunities.

OVERVIEW

This fully remodeled freestanding restaurant property presents an outstanding opportunity for an owner-user or investor seeking a turnkey, high-capacity dining destination. The 6,080 SF building, updated in 2021, showcases three separate kitchens, two dining rooms, and an all-season banquet space, allowing versatility and multiple revenue streams. Additional features include a private bar area, commercial-grade walk-in coolers, and municipal approvals for restaurant operations, ensuring seamless transition and sustained productivity. Located on Grand Avenue just two blocks from the River Grove Metra station, the property offers exceptional accessibility and visibility with over 53,000 vehicles passing daily. Positioned within a dynamic corridor surrounded by major retailers, popular dining concepts, and attractions like Starbucks, Rosati’s Pizza, and a cannabis dispensary, this site benefits from strong local and commuter traffic. With C-2 commercial zoning, the property also allows for alternate uses such as office, commercial showroom, or entertainment venue, increasing its investment appeal.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,080 SF

ZONING

C-2

APN/PARCEL ID

12-26-409-006-0000

ASK ABOUT THIS PROPERTY

Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

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Daniel HymanMillennium Properties R/E, Inc.More Info
312-338-3003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.