1121 Milwaukee Avenue Deerfield, IL $ 300,000
1121 Milwaukee Avenue
$ 300,000
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1121 Milwaukee Avenue

Deerfield, IL, 60015
$ 300,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 1,872

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Commercial Property for sale in Deerfield, IL

for $300,000. This 2,500 square foot building was built on a lot size of 229.568.

If you're looking to take over a fully set-up Korean BBQ restaurant, this is a fantastic opportunity. The restaurant is located on Milwaukee Ave in Deerfield - a busy road with lots of visibility and steady traffic from both residents and nearby businesses. Inside, it's fully equipped and ready to go. There are 8 tables with built-in gas grills and professional hood systems, perfect for Korean BBQ or hotpot-style dining. In addition, there are 3 tables with smokeless electric grills, which are great for a cleaner, low-smoke experience. We also have 4 more tables with built-in butane gas burners, giving you flexibility depending on the style of food you want to serve. The kitchen is spacious and fully loaded, including a walk-in cooler and all the equipment you'll need. Everything has either been recently serviced or replaced, so you can start operating right away without having to invest more into setup or repairs. The surrounding area is a big plus - to the east, you've got established residential neighborhoods, and to the west, office buildings and corporate businesses. That means steady foot traffic throughout the day, from lunch to dinner. You're also just minutes away from several popular golf clubs: Chevy Chase (3 minutes), Deerfield Golf Club (5 minutes), and Arboretum (7 minutes), which brings in even more potential customers. This fully built-out restaurant space offers outstanding visibility and accessibility in one of Deerfield's busiest commercial corridors. Situated on a high-traffic stretch of Milwaukee Avenue, just minutes from I-294 and Lake Cook Road, this location is ideal for dine-in, takeout, or fast casual concepts. Surrounded by office parks, retail centers, and residential neighborhoods, it's perfectly positioned to attract both daytime and evening customers. Ample parking and existing infrastructure make this a ready-to-go opportunity for restaurant operators looking to expand or start fresh in a thriving suburban market.

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Commercial Active

Price

$ 300,000

Property Type

Commercial

Taxes

$ 9,999

Style

Restaurant

Lot Size

229.568

Town/City

Deerfield

County/Region

Lake

MLS | Web ID

12436621

Features
General
Cooling Central Air
Possession Closing
Stories Count 1
Tax Year 2024
Business Type Restaurant
County Lake
Operating Expense 9999
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Conveniently located on Milwaukee Avenue (Route 21) just north of Lake Cook Road and south of Deerfield Road. Easy access from I-294 via Lake Cook Road exit. The property is situated near major retai
City Deerfield
MLS Area Deerfield Bannockburn Riverwoods
Lot Size Square Feet 9999999
Tax Annual Amount 9999
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2500
Lot Dimensions 9999
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* Excluded Features
List By
Utopia Real Estate Inc.

Broker

grace235690@gmail.com

Email

Affordability Calculator

$2,705
Per Month
69%
31%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$833
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2025$300,000 Listed Price

Map


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1121 Milwaukee Avenue, Deerfield, IL, 60015 is a Commercial Property for sale at $300,000 with 2,500 sqft and a lot size of 229.568. The property's zip code is 60015 which is in Deerfield, IL