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8347 W Grand Ave

2,850 SF Retail Building River Grove, IL 60171 £504,416 (£177/SF)

Investment Highlights

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

Executive Summary

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.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,850 SF
Building Class
B
Year Built/Renovated
1950/2018
Price
£504,416
Price Per SF
£177
Tenancy
Single
Number of Floors
1
Building FAR
0.93
Land Acres
0.07 AC
Zoning
C2 - Commercial
Parking
6 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
150 ft on Grand Ave

Amenities

  • Restaurant
  • Air Conditioning

Links

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Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 12-26-409-003-0000 Improvements Assessment £45,584
Land Assessment £10,579 Total Assessment £56,163

PROPERTY TAXES

Parcel Number
12-26-409-003-0000
Land Assessment
£10,579
Improvements Assessment
£45,584
Total Assessment
£56,163
(312) 667-4609

  • Listing ID: 33927001

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 8347 W Grand Ave, River Grove, IL 60171

The Retail Property at 8347 W Grand Ave, River Grove, IL 60171 is currently available For Sale. Contact SVN | Chicago Commercial for more information.

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8347 W Grand Ave
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8347 W Grand Ave

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Scott Reinish

(312) 667-4609

(312) 667-4609

Spero Adamis

(561) 403-1170

(561) 403-1170

Joe Grody

(312) 348-1332

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