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I know someone who left after 5 years for a startup, and they were welcomed back about two years later when the startup folded. They came back at a higher level, even. It really depends on your performance, how you leave (give plenty of notice, be professional), and the needs of the company when you try to return. Keep in touch with your network, it can't hurt.
Honestly, rehire chances are always a gamble. They say 'once GM, always GM,' but that doesn't mean a guaranteed job back. If you leave, be prepared to move on permanently. The fact that you aren't growing is a legitimate concern, though. Don't stay somewhere just for the benefits if it's killing your soul. Maybe have a serious talk with your manager first. Make sure they know you want more challenges, and see if that changes anything before you jump ship.