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Industrial · River Grove, IL
$725,000
beds · baths
8166 Grand Avenue, River Grove, IL, 60171
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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.
— the listing agent’s description

The home

Built in 1996
Lot 125 x 88
Industrial

What it’ll cost

$26,869 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$6,305/mo
Principal & interest$3,855
Property taxes$2,239
Homeowners insurance$211
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Aug 1, 2026
$725,000
Property taxes
2025
Annual tax bill (MLS)
$26,869/yr
Assessed value
2025
County assessor
$66,909
2024
$57,577
2023
$57,577
2022
$57,577
2021
$48,572
2020
$48,572
2019
$48,569
2018
$64,959
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Central Air
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Paola Cedano · Exit Grace Realty
Listing last updated Aug 7, 2026 · data refreshed from the MLS Aug 7, 2026, 5:08 AM CT
Based on information submitted to the MLS GRID as of Aug 7, 2026, 5:08 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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