Contact us: 563.441.1776
Description
Exceptional opportunity to own a fully equipped freestanding restaurant in the heart of River Grove on busy Grand Avenue. This turnkey commercial property is being sold with the complete restaurant equipment package, including the commercial kitchen, bar equipment, tables, chairs, and fixtures, allowing a new owner to begin operations with minimal startup costs. The property features 20 on-site parking spaces, with both front and rear parking, plus an additional parking lot of approximately 9,150 square feet, providing ample parking for customers, employees, and special events. Previously operated with a liquor license (buyer to verify eligibility and licensing requirements with the Village of River Grove). Excellent visibility, high daily traffic counts, and outstanding potential for a restaurant, cafe, sports bar, banquet venue, or other food and beverage concept. A rare opportunity to acquire a well-established restaurant property in a prime commercial corridor with exceptional exposure, generous parking, and convenient access to major highways.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1996
General Information
County: Cook
Listed By:
Exit Grace Realty
773-972-6879
MRED MLS
MLS ID: 12721860
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8166 Grand Avenue , River Grove, IL 60171.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $725,000 | $725,000 | $725,000 |
| Down Payment | $145,000 | $25,375 | $181,250 |
| Monthly Mortgage Amount | $3,666 | $4,441 | $4,552 |
| Taxes | $1009 | $1009 | $1009 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $319 | $0 |
| Monthly Estimated Total | $4,886 | $5,980 | $5,772 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/03/2026. The listing information on this page last changed on 08/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/03/2026 12:22:18 AM EST) or MRED MLS (last updated Mon 08/03/2026 12:18:56 AM EST) or SCWMLS (last updated Sun 08/02/2026 11:54:37 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 08/02/2026 10:16:04 PM EST) or Cedar Rapids MLS (last updated Sun 08/02/2026 10:44:13 PM EST) or NEIRBR MLS (last updated Mon 08/03/2026 12:18:40 AM EST) or ICAAR MLS (last updated Sun 08/02/2026 7:30:09 PM EST) or ECIMLS (last updated Sun 08/02/2026 11:44:32 PM EST) or RMLSA (last updated Mon 08/03/2026 12:20:56 AM EST) or Muscatine MLS (last updated Mon 08/03/2026 12:15:09 AM EST) or No Coast MLS (last updated Mon 08/03/2026 12:14:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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