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Deerfield, IL Restaurants for Sale

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Bannockburn, IL Highland Park, IL Riverwoods, IL

$300,000

Fully Equipped Restaurant on Milwaukee Avenue

1121 Milwaukee Avenue, Deerfield, IL 60015

Turn-key Korean BBQ restaurant with high visibility and accessibility.

Fully equipped Korean BBQ restaurant ready for immediate operation.
Prime location on Milwaukee Ave in Deerfield, offering high visibility and consistent traffic.
Diverse grilling options with 8 gas grill tables, 3 smokeless electric grill tables, and 4 butane burner tables.
Spacious and fully equipped kitchen with a walk‑in cooler.
Strategic location near residential neighborhoods, office buildings, and golf clubs.

Updated: Aug 4, 2025

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Contact for pricing

4,586 SF

Restaurant Building Near Metra Station

663 Lake Cook Rd, Deerfield, IL

4,586 SF restaurant building with drive-thru near Metra station.

High Traffic Location: Lake Cook Rd boasts a VPD of 33,100.
Established Business: McAlister's Deli with drive thru.
Substantial Building Size: ~4,586SF building.
Large Parcel Size: ~28,050SF parcel.
Convenient Transportation: Steps from Lake Cook Rd Metra Station.

Updated: Feb 28, 2025

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Deerfield, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Iconic Restaurant & Real Estate Opportunity

$799,900

3,255 SF

Iconic Restaurant & Real Estate Opportunity

Profitable restaurant and prime real estate on Restaurant Row.

260 S Milwaukee Avenue, Wheeling, IL 60090

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$195,000

Turnkey Restaurant Business For Sale

Well-established Northbrook restaurant with banquet halls and fully equipped kitchen.

500 Anthony Trail, Northbrook, IL 60062

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$150,000

Established Korean Restaurant in Northbrook

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

3534 N Milwaukee Avenue, Northbrook, IL 60062

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$2,199,000

12,000 SF

High Traffic Restaurant with Gaming

Restaurant with gaming in high-traffic location for sale.

241 S Milwaukee Avenue, Wheeling, IL 60090

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Highland Park Mixed-Use Development Site

$1,600,000

0.83 Acres

Highland Park Mixed-Use Development Site

36,438 SF mixed-use development site near downtown Highwood, IL.

417-429 Temple Avenue, Highland Park, IL 60035

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$1,600,000

0.84 Acres

Mixed-Use Development Site Opportunity

36,438 SF mixed-use development site near downtown Highwood, IL.

417-429 Temple Avenue, Highland Park, IL 60035

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$514,000

3.20 Acres

Palatine Land For Sale

3.2 acre commercial land available in Palatine, Illinois.

20638 Lake Cook Road, Palatine, IL 60074

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$49,900

0.17 Acres

50 Waukegan Rd

RESTAURANT • 12,658 SF

Value Estimation

$1,270,000

50 Waukegan Rd, Deerfield, IL 60015-4902

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Deerfield, IL Restaurants Investment Opportunities Market Analysis

Explore 8 restaurants for sale in Deerfield, IL on our real estate platform. These investment opportunities span a total of 4,586 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for restaurant properties in Deerfield, IL start at $0.00, averaging $150,000, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Deerfield fall within the 100,000+ square foot range.

Demographics Overview

Population 28K

Population Growth (5Y) +1.0%

Median Household Income $186,786

High-Yield Neighborhoods for Strategic Investment

Identify Deerfield submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60015	$300K

Taxes & Financing

Tax Rate (average for all types) 10.09%

Property Tax per SF $77.16 per sq ft

Average Loan-to-Value 65.0%

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Deerfield, IL Restaurants for Sale