Address
5615 W Roosevelt Road, Cicero, IL
Price
$ 1,200,000
Property Attributes
  • MLS#11901594
  • TypeBusiness Op
  • CountyCOOK
  • CityCicero
  • AreaCicero
  • Zip60804
  • StyleRestaurant
  • Taxes$ 15152
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6200
  • Lot Size13,000 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Established Neighborhood Restaurant with Successful Gaming for Sale - Turnkey Operation with Real Estate and Rental Potential Description: Are you looking for a unique opportunity to own a long-term neighborhood restaurant with a successful gaming operation as an additional revenue source? Look no further! Sarno's Restaurant, a well-established local favorite, is now available for sale. This turnkey operation includes all equipment, a prime location with 100 feet of frontage on Roosevelt Rd, and even offers additional income potential through a three-bedroom apartment and a rentable commercial unit in the rear of the property. Turnkey Operation: Sarno's Restaurant is ready for a new owner to step in and take over immediately. All the necessary equipment and fixtures are included, ensuring a seamless transition. Prime Location: The restaurant boasts 100 feet of frontage on Roosevelt Rd, offering high visibility and easy accessibility. It is conveniently situated kitty-corner to the McDonald's, Aldi shopping center, and a hospital, making it a prime destination for both locals and visitors. Customer Base: With years of operation, Sarno's has built a loyal customer base. The restaurant is known for its friendly staff, delicious food, and successful gaming options, ensuring a steady stream of patrons and additional revenue. Large Upside Potential: While Sarno's Restaurant is already a well-established business, there is significant upside potential for a new owner. You can explore options such as expanding the menu, marketing strategies, or enhancing the gaming experience to attract even more customers and increase revenue. If you're an entrepreneur looking for a fantastic opportunity in the restaurant and real estate sector, Sarno's Restaurant should be on your radar. This is your chance to own a thriving business with a loyal customer base, excellent location, and successful gaming operation as an additional revenue source. Don't miss out on this rare gem in the heart of the community. Contact us today to learn more and schedule a viewing!

Price History
11/13/2023 Listed $1,200,000

General Features

Cooling Central Air
Possession Closing
Zoning RTAIL
Construction Materials Brick
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Operating Stops,Insurance,Repairs,Roof,Scavenger,Sewer,Gas
Stories 2
Tax Year 2021
Business Type Restaurant
County Cook
Operating Expense 217815
Property Type Business Opportunity
Status Active
Directions Roosevelt Road,just west of Central on the south side of Roosevelt
City Cicero
MLS Area Cicero
Lot Size Square Feet 13000
Street Name Roosevelt
Tax Annual Amount 15152
Additional Parcels Y/N Yes
Days on Market 17
Standard Status Active
Property Type Bus / Bus w/Real Est

Interior Features

Street Suffix Road

Exterior Features

Total Parking 30
Building Area Total 6200
Lot Dimensions 200X125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 60804

Price
AVG $550K
$1.2M
Taxes
AVG $14,370
$15,152
Visits
AVG 98
99
Data Provided by Inside Real Estate®
Walkscore
AVG 78
73
Data Provided by Walkscore® not using MLS data

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