5615 W Roosevelt Rd - Restaurant FOR SALE


Cicero, IL 60804
$1,179,000 USD
847-334-2587
5615 W Roosevelt Rd, Cicero, IL for Sale
$1,179,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

5615 W Roosevelt Rd
Cicero, IL 60804


HIGHLIGHTS

  • 67+ Years in Operation! Highly-rated restaurant with loyal customer base.
  • Turn-key profitable business. Business $275K NOI with tremendous upside. Successful gaming operation provides strong revenue stream.
  • Excellent visibility with signage. 100' of frontage on busy Roosevelt Road.
  • Located directly across from McDonald's and Advance Auto Parts. Nearby I-290, Aldi and Hartgrove Hospital.
  • Property spans 4 city lots with restaurant, 30 car parking lot, 3-bed apartment and rentable commercial unit in rear.
  • For sale - Real Estate, Business, All FF&E and Licenses Included.

OVERVIEW

Take advantage of the rare opportunity to own Sarno's Restaurant, a longstanding local favorite in Cicero with over 67 years of operation. This turn-key, highly-rated establishment includes a successful gaming operation, providing a strong revenue stream. Business $275K NOI with significant upside potential through extended hours, menu expansion, or enhanced gaming options. The building boasts excellent visibility with signage on busy Roosevelt Road. The property spans four city lots and features a 30-car parking lot, 3-bedroom apartment and a rentable commercial unit in the rear. Located directly across from McDonald's and Advance Auto Parts. Ideally positioned near I-290, Aldi and Hartgrove Hospital. With all equipment and licenses included, this is a seamless, turn-key operation! This is your chance to own a well-established, profitable business with a loyal customer base in a prime location— contact us today for a showing! Real Estate + Business, FF&E and Licenses Included.

FOR SALE DETAILS

PRICE

$1,179,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sarno's Restaurant + Gaming Lounge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,000 SF

ZONING

-

APN/PARCEL ID

16-20-207-004-0000

ASK ABOUT THIS PROPERTY

MJ WeinbergerStrauss RealtyMore Info
847-334-2587

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MJ WeinbergerStrauss RealtyMore Info
847-334-2587

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.