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    3534 N Milwaukee Ave Northbrook, IL 60062

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    For Sale
    $150,000

    Thriving Korean restaurant in Northbrook's dining district for sale.

    Property Features for 3534 N Milwaukee Ave

    General Information

    Standard status
    Active

    Source: BAIRD & WARNER Agent SUNNY JU

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Korean Restaurant in Northbrook

    An established Korean restaurant is available in Northbrook's dining district. The restaurant features a menu that appeals to both traditional Korean food enthusiasts and new diners. The location benefits from high visibility, foot traffic, and a loyal customer base. It is situated among popular eateries in a major commercial and retail area, ensuring consistent traffic from local residents and nearby hotel guests. The restaurant has streamlined operations with profitability, a well-maintained kitchen and dining area, and a popular menu. It also has strong online reviews and a delivery/takeout presence. There is growth potential by expanding hours to include dinner service and weekends, as it is currently open from 7 am to 3 pm. The price includes key money for the business location, setup, equipment, and furniture, including the black iron and hood system. The restaurant presents an opportunity to bring in your own concept or take over the existing business in a high-demand market with room for further expansion.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    A-One Food Services, Sweet Ride

    Location Insight

    • Map
    • Local Demand
    City
    Northbrook
    County
    Adams
    State
    Illinois
    Longitude
    -87.8406
    Latitude
    42.1255

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    FAQs

    What type of property is this?
    Restaurant - Thriving Korean restaurant in Northbrook's dining district for sale.
    Where is this restaurant located?
    The property is located at 3534 N Milwaukee Ave Northbrook, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime location in Northbrook's bustling restaurant corridor with high visibility and strong foot traffic.; - Streamlined operations with proven profitability.; - Well-established restaurant with a loyal customer base and strong online reviews.
    (847) 724-1855
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    3534 N Milwaukee Ave Northbrook, IL 60062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3534 N Milwaukee Ave Northbrook, IL 60062
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