8347 W Grand Ave - Restaurant FOR SALE


River Grove, IL 60171
$642,575 USD
312-667-4609
8347 W Grand Ave, River Grove, IL for Sale
$642,575 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

8347 W Grand Ave
River Grove, IL 60171


HIGHLIGHTS

  • Open floor plan with 10ft ceiling height, large bar with 16 tap lines and seating for 12
  • All FF&E in place including 5 gaming machines
  • Functional kitchen with 12 ft hood
  • Access to free parking lot in rear

OVERVIEW

2,850 SF Free-Standing Restaurant Building on 3,049 SF (0.07 AC) of land with all FF&E in place and a newly remodeled storefront. Gaming approved! Rear parking area can be converted to patio seating. River Grove free public parking lot with plenty of spaces is adjacent to the patio area and customers can enter through Grand Avenue or from the parking area. An easy re-concept for any restaurant/bar user. The property also offers a FAR of 0.93 allowing for potential re-development. The current tenant has gaming machines as an added revenue source.

FOR SALE DETAILS

PRICE

$642,575 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C2

APN/PARCEL ID

12-26-409-003-0000

ASK ABOUT THIS PROPERTY

Scott ReinishSVN | Chicago CommercialMore Info
312-667-4609

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Scott ReinishSVN | Chicago CommercialMore Info
312-667-4609

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