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8166 Grand Avenue River Grove, IL 60171 Commercial - Industrial New

New - 35 Hours Ago
  • 8166 Grand Avenue , River Grove, IL 60171 Main Photo

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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
$725,000
Est. $4,886/mo
New to the Market New
SQUARE FEET1,787 MLS#12721860
STATUSNew PROPERTY TYPECommercial - Industrial

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8166 Grand Avenue , River Grove, IL 60171.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 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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