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$2,100,000 -$700,000 (-25%) Price Reduced
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Property Description
" Martinique Banquets" . A well established & highly successful wedding & banquet venue. This premier destination has served the Southwest side & Southwest suburbs for many years. The property features two separate banquet rooms and separate bars. Other features include a bakery, a garden area for wedding pictures, a huge parking lot with spaces for more than 100 cars and the capacity to hold both small & large events. The building is approximately 16,400 S. F. and the lot is 86,940 S.F. The building is sprinkled and extremely well maintained. Both the business & property are included in the sales price. A true turn-key operation !
Full Property Details
Full Property Details for 8200 S Cicero Ave
General
- Price: $2,100,000
- Taxes: $128,594 (2023)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12515118
- Updated: 6/15/2026
- Added to Site: 217 day(s) ago
Business
- Name: Martinique Banquets
- Business Type: Restaurant
- Years in Business: 11 or More
Location
- Area: Burbank / Nottingham Park
- County: Cook
- Driving Directions: Cicero North or South to 82nd & Cicero.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 16,400
Lot Features
- Lot Size (Sq. Ft.): 86,940
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 86940
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $784,726
- Tax Amount: $128,594
- Tax Year: 2023
Disclosures and Reports
- Property ID: 19332020020000
Listed by Re/Max 10
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Schools
Schools serving 8200 S Cicero Ave
School Districts:Burbank School District 111, Reavis Township High School District 220
| Name | Grades | Distance |
|---|---|---|
Richard Byrd Elementary School 8259 Lavergne Avenue, Burbank, IL 60459 | K-5 | 0.2 mi |
Reavis High School 6034 West 77th Street, Burbank, IL 60459 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8200 S Cicero Ave
Date
Details
Price
Change
Source
6/15/2026
Price Reduced
$2,100,000
-25%
MLS
11/10/2025
Listed
$2,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8200 S Cicero Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$99,501
15%
$320,674
43%
2022
$86,193
5%
$223,508
—
2021
$82,475
4%
$223,508
—
2020
$79,567
27%
$223,508
28%
2019
$62,623
3%
$174,783
—
2018
$60,839
3%
$174,783
—
2017
$58,825
-5%
$174,783
—
2016
$61,820
4%
$175,460
—
2015
$59,519
3%
$175,460
—
2014
$57,731
23%
$175,460
12%
2013
$46,993
-15%
$156,328
-19%
2012
$55,405
—
$191,859
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8200 S Cicero Ave
8200 S Cicero Avenue, Burbank, IL 60459 (MLS# 12515118) is a Business property. 8200 S Cicero Avenue is currently listed for $2,100,000 and was received on November 10, 2025. Want to learn more about 8200 S Cicero Avenue? Do you have questions about finding other Business real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

