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Korean BBQ Chicken Restaurant
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1295 East Ogden Avenue, Naperville, IL 60563

Restaurant space inside H Mart with a modern buildout and commercial kitchen infrastructure for dine-in and takeout service.

Property Size1,000 SF
Price / SF$350
Days on Market198

Property Features for 1295 East Ogden Avenue

General Information

Standard status Active
Size 1,000 SF
Property subtype Business for Sale

Restaurant

Commercial Hood Yes
Equipment Included Yes

Additional Details

Business Included Yes
Listing Agency: Chicago-Coldwell Banker Commercial NRT
Listed By: Michael Kang · License #IL 475163662
Source: Crexi
Added: Apr 16 Changed: Oct 29 Last Checked: Oct 28 at 4:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago-Coldwell Banker Commercial NRT

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Korean BBQ chicken restaurant occupies 1000 square feet inside H Mart in Naperville. The space includes a modern buildout and a fully equipped commercial kitchen with a hood system, supporting continued restaurant operations without the need to establish core kitchen infrastructure from the beginning. Both dine-in and takeout service are identified as operating formats.

The restaurant is located at 1295 East Ogden Avenue in Naperville, IL 60563, within the H Mart facility. Its position inside the store provides an established retail setting and exposure to H Mart customers. The property is offered as a restaurant business opportunity with the existing improvements and kitchen equipment in place.

Key Highlights

  • Located inside H Mart at 1295 East Ogden Avenue in Naperville, IL 60563
  • 1000 square feet of restaurant space
  • Modern buildout in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,875
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,500 $197.5K
Cap Rate 7%
$141,071 $141.1K
Cap Rate 9%
$109,722 $109.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$14.3K $14.28/SF
− Vacancy
−$1.1K −$1.11/SF
EGI
$13.2K $13.17/SF
− OpEx
−$3.3K −$3.29/SF
NOI
$9.9K $9.87/SF
Area
Naperville, IL
Vacancy
7.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,500
Cap Rate 7%
$141,071
Cap Rate 9%
$109,722

Alternative Uses

Best Use
Specialty Retail
$141.1K
$123.4K – $164.6K (±1% cap)
NOI $9,875 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$225.7K
$197.5K – $263.4K (±1% cap)
NOI $15,801 @ 7.0% cap · market cap 4.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Snack House Korean ... Bar & Pub Boffola Salon Hair Salon ARITAUM Cosmetic Store Jamae Korean Gourmet Restaurant H Mart Naperville (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Building Supply Auto Parts Store Electrical Service Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,816
Businesses Nearby
566k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 47% Shops & Services 25% Superstores 23% Groceries 4%
Costco Wholesale Superstores
129,377 visits/mo 0.1 miles
7 Brew Coffee Dining
61,687 visits/mo 0.1 miles
Costco Gasoline Shops & Services
57,531 visits/mo 0.1 miles
McDonald's Dining
36,788 visits/mo 0.3 miles
Cooper's Hawk Winery & Restaurant Dining
24,384 visits/mo 0.4 miles

Demographics for 60563, IL

37,997
Population
16,911
Households
2.2
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
14.6 sq mi
ZIP Area
2,603
Density / Sq Mi
$106,207
Median Household Income
$71,782
Median Earnings
$1,786
Median Rent
$422,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space inside H Mart with a modern buildout and commercial kitchen infrastructure for dine-in and takeout service.
Where is this conventional restaurant located?
The property is located at 1295 East Ogden Avenue Naperville, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Located inside H Mart at 1295 East Ogden Avenue in Naperville, IL 60563; 1000 square feet of restaurant space; Modern buildout in place
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Includes: Price & PSF · Cap rate · Location · Zoning

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