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$475,000

  • For Sale
  • Active
  • Commercial Service
  • 3,300 Sq. Ft.
See This Home
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See This Home
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Prime 3,300 SF freestanding restaurant with drive-thru on Governors Hwy in Richton Park-diagonal from the Metra station and near Sauk Trail & Rt. 30. Features 38 parking spaces, seating for 120, and over 40 years of local history. Lot size: 1.06 acres, with an adjacent 0.83-acre lot available. Zoned commercial with well water & city sewer. Approx. 20,000 VPD. Perfect for QSR, dine-in, or redevelopment, medical or office. AVAILABLE FOR LEASE OR SALE. Owner open to creative deals!

Full Property Details for 22048 Governors Hwy

General

  • Price: $475,000
  • Taxes: $40,501 (2023)
  • Status: Active
  • Type: Commercial Service
  • Source: MRED
  • MLS ID: 12340525
  • Updated: 10/30/2025
  • Added to Site: 310 day(s) ago

Additional Information

  • Security/Safety: Fire Extinguisher(s), Partially Sprinklered

Location

  • Area: Richton Park
  • County: Cook
  • Driving Directions: From I-57 & Sauk Trail, head E on Sauk Trail. Turn S on Governors Hwy. Property is on the W side of the street, just past Richton Square Rd. From Rt. 30 & Cicero Ave in Matteson, head S on Cicero. Turn E on Sauk Trail, then S on Governors Hwy. Property is on the W side, just past Richton Square Rd. (corner at Maple & Gov PKWAY

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Central Building Heat

Structural Information

  • Stories/Levels: 1
  • Square Feet: 3,300
  • Year Built: 1970

Lot Features

  • Lot Size (Sq. Ft.): 46,000
  • Lot Dimensions: 115 x 400 FT
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $16
  • For Sale/Rent/Lease: For Sale or Rent
  • Security Deposit: Fire Extinguisher/s, Partially Sprinklered
  • Assessment Year: 1970
  • Tax Amount: $40,501
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 31274020080000

Listed by SK Properties Group, LLC

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Listing agent

— 22048 Governors Hwy —

  • SK Properties Group, LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 22048 Governors Hwy

School Districts:Matteson Elementary School District 162, Rich Township High School District 227
NameGradesDistance
Sauk Elementary School
4435 Churchill Drive South, Richton Park, IL 60471
4-60.7 mi
Matteson Elementary School
21245 Main Street, Matteson, IL 60443
K-31.1 mi
Illinois School
210 Illinois Street, Park Forest, IL 60466
K-82 mi
O W Huth Middle School
3718 213th Place, Matteson, IL 60443
7-81 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 22048 Governors Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2025
Price Reduced
$475,000
-14.41%
MLS
4/16/2025
Listed
$555,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 22048 Governors Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2023
$40,501
-51%
$95,008
-35%
2022
$83,007
1%
$145,506
—
2021
$82,498
7%
$145,506
—
2020
$76,826
47%
$145,506
47%
2019
$52,224
—
$99,150
—
2018
$52,199
11%
$99,150
7%
2017
$46,952
36%
$92,234
36%
2016
$34,420
-16%
$67,618
-17%
2015
$41,066
2%
$81,662
—
2014
$40,367
44%
$81,662
31%
2013
$28,105
5%
$62,499
—
2012
$26,677
—
$62,499
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by SK Properties Group, LLC

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22048 Governors Highway, Richton Park, IL 60471 (MLS# 12340525) is a Commercial Service property. 22048 Governors Highway is currently listed for $475,000 and was received on April 16, 2025. Want to learn more about 22048 Governors Highway? Do you have questions about finding other Commercial Service real estate for sale in Richton Park? You can browse all Richton Park real estate or contact a Coldwell Banker agent to request more information.

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