Price Reduced Listing
$575,000
( $201.75Per Sq Foot )
 $3,087 est/mo Sourced by Back At You

8347 Grand Avenue,River Grove, IL 60171

River Grove, IL 60171

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Description

Rare opportunity to acquire a turnkey restaurant property in the heart of River Grove's Grand Ave retail corridor. This 2,850 SF freestanding building is fully built out for restaurant use and ready for immediate occupancy, allowing a new operator to step in with minimal downtime. Located next to Starbucks and surrounded by established neighborhood businesses, the site benefits from strong daily traffic and a dense surrounding residential base. Ideal for restaurant operators, investors, or owner-users seeking a move-in-ready concept in a well-trafficked retail corridor.

Details

MLS #12585283
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1950
Days On Site206
Listing Provided ByBrookline Real Estate LLC | William Lundy

Features

SQ Feet2,850
Story(s)1
ZoningCOMMR
Acreage0.07

Interior

CoolingCentral Air

Utilities

ElectricOther

Taxes

Tax Year2024
Tax Annual Amount23136

Area Information

StateIL
CountyCook
CityRiver Grove
Zip Code60171
AreaRiver Grove
Listing VS Median (in 60171)
Price:
$575,000
low | high
Med:
$419,950
76.965217391304% of Average
sqft:
2,850
low | high
Med:
1,628
92.894736842105% of Average
$ / sqft:
$202
low | high
Med:
$264
19.042054584826% of Average
On site:
206
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 60171

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Contact

Learn More About This Property

Kristi Wolfe

Kristi Wolfe

Daniel and Associates Real Estate

475.215799 (847) 767-1023kristiw@daare.com
StateIL
CountyCook
CityRiver Grove
Zip Code60171
AreaRiver Grove
Listing VS Median (in 60171)
Price:
$575,000
low | high
Med:
$419,950
76.965217391304% of Average
sqft:
2,850
low | high
Med:
1,628
92.894736842105% of Average
$ / sqft:
$202
low | high
Med:
$264
19.042054584826% of Average
On site:
206
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $431K - $718K
sqft: 2,000 - 3,500
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Listing Updated: September 25, 2026 at 11:11:16 PM PDT