8347 W Grand Ave
River Grove, IL 60171
Equipped Rest Property For Sale or Lease · Retail Property For Sale

Incredible freestanding brick building with large expansive windows, an amazing interior with a gorgeous bar and impeccable professional kitchen. NOW ALSO AVAILABLE FOR LEASE WITH THE PURCHASE OF THE EQUIPMENT Equipment price $99k Rent $17/NNN RET = Approx 20k for 2019 $150,000 worth of FF& E (fixtures, furniture & equipment included. Fully equipped with a $25,000 wood burning pizza oven, 14ft exhaust hood w/heated air return, 10-burner stove with oven, 2ft char grill, double stack convention oven, two 2-door reach in coolers, 1-door reach in freezer and so much more. Entire restaurant completely renovated 4 years ago in 2016 with all new equipment, plumbing, electric, HVAC, roof and more. Full liquor license. Also, video gaming is allowed in River Grove. Location: Prime retail space in a freestanding building with a 2nd entrance in rear along with ample shared convenient municipal parking. On busy Grand Ave. Adjacent to Mario Novelli’s Barber Salon and Starbucks. Across two busy plazas. Walking distance to River Grove and Elmwood Park Rail Stations. Perfectly situated in River Grove, the village of “Friendly Neighbors.” Year Established: 2016 Lease Information: Also available, the option to lease to own. Property Information: Built in 1950. Gutted 2016. 2019 real estate taxes $11,000. Square Feet: 2,850 Seating: 45 Dining Room + 12 Bar Days/Hrs of Operation: Closed. Value of FF&E: $99k Owner Operated: N/A Seller Financing: No Reasons for Selling: Available. Competition/Market: Amazing décor. Stylish and hip atmosphere. Equipment in excellent condition. A woodfired pizza place, an upscale restaurant and a cool bar all in one! Growth & Expansion: Ideal restaurant location on the north side. Great neighborhood spot. Local gem. On Grand Ave lined with businesses and high traffic volumes! Surrounded by a vast commercial and residential area.