Search
Equipped Conventional Restaurant
New
For Sale
$650,000

3580 Milwaukee Avenue, Northbrook, IL 60062

Operating restaurant with a spacious kitchen, walk-in freezer, storage area, and dedicated dining space.

Property SizeContact for details
Days on Market2

Property Features for 3580 Milwaukee Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $999,999

Amenities

Central air
Central Air Cooling
Listing Agency: UTOPIA REAL ESTATE INC.
Listed By: SUNG HYE KIM · License #475203458
Source: Corcoran
Added: Sep 19 Changed: Sep 20 Last Checked: Sep 20 at 2:48PM

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 UTOPIA REAL ESTATE INC.

Investment Insights

Based on property information with market context.

This established conventional restaurant at 3580 Milwaukee Avenue in Northbrook, Illinois has operated for more than 3 years. The facility includes a spacious commercial kitchen, approximately 3-year-old equipment, a large walk-in freezer, and dedicated storage. A sizable dining area with ample seating supports in-person service, while the existing operation also handles takeout business.

The restaurant is configured for continued Korean cuisine service, with the physical setup also supporting a new restaurant concept. The combination of installed equipment, kitchen infrastructure, dining space, freezer capacity, and storage provides a functioning restaurant environment without the need to create these core components from an unfinished space.

Key Highlights

  • Operating restaurant with more than 3 years of history
  • Approximately 3‑year‑old restaurant equipment
  • Spacious commercial kitchen with large walk‑in freezer

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Law Firm Pharmacy Dental Office

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

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60062, IL

42,751
Population
17,892
Households
2.4
Avg Household Size
48
Median Age
71%
College-Educated
96%
High-School Grad
18.9 sq mi
ZIP Area
2,262
Density / Sq Mi
$142,759
Median Household Income
$77,188
Median Earnings
$1,921
Median Rent
$625,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with a spacious kitchen, walk-in freezer, storage area, and dedicated dining space.
Where is this conventional restaurant located?
The property is located at 3580 Milwaukee Avenue Northbrook, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Operating restaurant with more than 3 years of history; Approximately 3‑year‑old restaurant equipment; Spacious commercial kitchen with large walk‑in freezer
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message