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8347 Grand Avenue River Grove, IL $ 650,000
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8347 Grand Avenue
$ 650,000
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8347 Grand Avenue

River Grove, IL, 60171
$ 650,000
Bedrooms-- Baths-- Sq 2,850

Monthly Estimate*

$ 4,002

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Commercial Property for sale in River Grove, IL

for $650,000. This 2,850 square foot building was built in 1950 on a lot size of 0.07174.

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.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 23,136

Style

Lot Size

0.07174

Year Built

1950

Town/City

River Grove

County/Region

Cook

MLS | Web ID

12585283
Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Year Built 1950
Electric Other
Stories Count 1
Township Leyden
Property Subtype Restaurant
Tax Year 2024
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status New
Directions From 1st Ave & Grand Ave head east on Grand Ave approximately 0.1 miles to 8347 Grand Ave; property on the north side of the street.
City River Grove
MLS Area River Grove
Lot Size Square Feet 3125
Tax Annual Amount 23136
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 2850
Lot Dimensions 25x130
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Email

Affordability Calculator

$5,930
Per Month
67%
33%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$1,928
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
3/6/2026$650,000 Listed Price

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8347 Grand Avenue, River Grove, IL, 60171 is a Commercial Property for sale at $650,000 with 2,850 sqft and a lot size of 0.07174. 8347 Grand Avenue was built in 1950. The property's zip code is 60171 which is in River Grove, IL

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