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$650,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
  • 2,850 Sq. Ft.
  • Updated 11 hours ago
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Rare opportunity to acquire a turnkey restaurant property in the heart of River Grove's Grand Ave retail corridor. This 2,850 SF freestanding building is fully built out for restaurant use and ready for immediate occupancy, allowing a new operator to step in with minimal downtime. Located next to Starbucks and surrounded by established neighborhood businesses, the site benefits from strong daily traffic and a dense surrounding residential base. Ideal for restaurant operators, investors, or owner-users seeking a move-in-ready concept in a well-trafficked retail corridor.

Full Property Details for 8347 Grand Ave

General

  • Price: $650,000
  • Taxes: $23,136 (2024)
  • Status: Active
  • Type: Commercial Service
  • Source: MRED
  • MLS ID: 12585283
  • Updated: Today (3/6/2026)
  • Added to Site: Today

Additional Information

  • Security/Safety: Alarm on Site, Fire Extinguisher(s)

Location

  • Area: River Grove
  • County: Cook
  • Township: Leyden
  • Driving Directions: From 1st Ave & Grand Ave, head east on Grand Ave approximately 0.1 miles to 8347 Grand Ave; property on the north side of the street.

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air, Gas

Structural Information

  • Stories/Levels: 1
  • Square Feet: 2,850
  • Year Built: 1950

Lot Features

  • Lot Size (Sq. Ft.): 3,125
  • Lot Dimensions: 25 x 130
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Alarm On Site, Fire Extinguisher/s
  • Assessment Year: 1950
  • Tax Amount: $23,136
  • Tax Year: 2024

Disclosures and Reports

  • Property ID: 12264090030000

Listed by Brookline Real Estate LLC

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Listing agent

— 8347 Grand Ave —

  • Brookline Real Estate LLC

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

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 8347 Grand Ave

School Districts:River Grove School District 85-5, Leyden Community High School District 212
NameGradesDistance
River Grove Elementary School
2650 North Thatcher Avenue, River Grove, IL 60171
PK-80.1 mi
East Leyden High School
3400 Rose Street, Franklin Park, IL 60131
9-121.9 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 8347 Grand Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/06/2026
Listed
$650,000
30%
MLS
4/21/2021
Sold
$500,000
—
Public Record
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 8347 Grand Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,136
2%
$71,544
—
2022
$22,681
-6%
$71,544
12%
2021
$24,047
34%
$63,956
27%
2020
$17,964
-10%
$50,292
-21%
2019
$20,052
4%
$63,956
15%
2018
$19,238
1%
$55,462
—
2017
$19,008
13%
$55,462
—
2016
$16,834
-6%
$55,462
—
2015
$17,884
214%
$55,284
211%
2014
$5,688
-66%
$17,748
-67%
2013
$16,720
14%
$54,375
—
2012
$14,688
—
$54,375
—
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 Brookline Real Estate LLC

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8347 Grand Avenue, River Grove, IL 60171 (MLS# 12585283) is a Commercial Service property. 8347 Grand Avenue is currently listed for $650,000 and was received on March 06, 2026. Want to learn more about 8347 Grand Avenue? Do you have questions about finding other Commercial Service real estate for sale in River Grove? You can browse all River Grove real estate or contact a Coldwell Banker agent to request more information.

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