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5615 W Roosevelt Road, Cicero, IL 60804
$1,200,000
5615 W Roosevelt Road, Cicero, IL 60804View this property at 5615 W Roosevelt Road, Cicero, IL 60804
5615 W Roosevelt RoadCiceroIL60804
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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!
Full Property Details
Full Property Details for 5615 W Roosevelt Rd
General
- Price: $1,200,000
- Taxes: $15,152 (2021)
- Status: Active
- Type: Business
- MLS ID: 11901594
- Updated: 11/19/2023
- Added to Site: 169 day(s) ago
Business
- Business Type: Restaurant
- Years in Business: 11 or More
Parking
- Total Spaces: 30
- Parking Features: 19 to 30 Spaces
Location
- Area: Cicero
- County: Cook
- Driving Directions: Roosevelt Road, just west of Central on the south side of Roosevelt
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Stories/Levels: 2
- Square Feet: 6,200
Lot Features
- Lot Size (Sq. Ft.): 13,000
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 200 x 125
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $217,815
- Tax Amount: $15,152
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Operating Stops, Insurance, Repairs, Roof, Scavenger, Sewer, Gas
Disclosures and Reports
- Property ID: 16202070030000
Listed by Coldwell Banker Real Estate Group
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Schools
Schools serving 5615 W Roosevelt Rd
School Districts:Cicero School District 99, J S Morton High School District 201
Rating | Name | Grades | Distance |
---|---|---|---|
McKinley Elementary School, Cicero, IL
5900 W 14th St, Cicero, IL 60804 | K-3 | 0.4 mi | |
Daniel Burnham Elementary School
1630 S 59th Ave, Cicero, IL 60804 | K-6 | 0.7 mi | |
2115 S 54th Ave, Cicero, IL 60804 | 7-8 | 1 mi | |
1801 S 55th Ave, Cicero, IL 60804 | 9-9 | 0.6 mi | |
2423 S Austin Blvd, Cicero, IL 60804 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5615 W Roosevelt Rd
Date
Details
Price
Change
Source
11/13/2023
Listed
$1,200,000
—
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 5615 W Roosevelt Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$6,302
1%
$14,430
—
2021
$6,229
3%
$14,430
—
2020
$6,056
6%
$14,430
23%
2019
$5,735
3%
$11,755
—
2018
$5,588
4%
$11,755
—
2017
$5,379
58%
$11,755
65%
2016
$3,414
1%
$7,114
—
2015
$3,373
4%
$7,114
—
2014
$3,251
-31%
$7,114
-38%
2013
$4,719
5%
$11,419
—
2012
$4,497
—
$11,419
—
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 5615 W Roosevelt Rd
5615 W Roosevelt Road, Cicero, IL 60804 (MLS# 11901594) is a Business property. 5615 W Roosevelt Road is currently listed for $1,200,000 and was received on November 13, 2023. Want to learn more about 5615 W Roosevelt Road? Do you have questions about finding other Business real estate for sale in Cicero? You can browse all Cicero real estate or contact a Coldwell Banker agent to request more information.