5615 W Roosevelt Road, Cicero, IL 60804 | MLS #12270638 | Berkshire Hathaway HomeServices Chicago

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Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12270638MLS Provider

5615 W Roosevelt RoadCicero, IL 60804

Commercial · 6,200 Sq. ft.
$1,179,000 Active

5615 W Roosevelt Road Overview

Time on Site:
528 days
Visits:
7

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 tremendous upside potential through extended hours, menu expansion, or enhanced gaming options. The building boasts excellent visibility with signage on busy Roosevelt Road. The property has 100' of frontage and spans four city lots. It features a 30-car parking lot, 3-bedroom apartment and a rentable commercial unit in the rear. The location has great accessibility, ideally positioned near I-290, Aldi and Hartgrove Hospital. With the business, 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!

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5615 W Roosevelt Road Facts & Features

  • Type Commercial
  • Sq. ft. 6,200
  • Price/Sq.ft. $190

Details

General

Income/Expenses

  • Operating Expense: 999

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Cicero

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Operating Stops, Insurance, Repairs, Roof, Scavenger, Sewer, Gas

Tax Information

  • Tax Annual Amount: $15,152.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16202070030000
  • Property Type: Business Opportunity
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 6200

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 0

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 200X125
  • Lot Size Square Feet: 13000

Building Exterior/Construction

  • Construction Materials: Brick

5615 W Roosevelt Road Neighborhood

Community

60804 (Cicero) Demographics

32
Median Age
10,436
Population Density (per sq. mile)
15%
College Educated
$53,750
Estimated Median Income
11,773
Estimated Total Home Owners
10,935
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5615 W Roosevelt Road Monthly Cost

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Mike Mabry
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5615 W Roosevelt Road Market Data

Based on the last 30 days in this zip code

$288,473
Average List Price
$215
Average Price per Square Foot
9
Properties Sold
66
Average Days on Market
68
Properties for Sale
Calculations provided by Reliance Network

5615 W Roosevelt Road History

Date Event Value Agent
1/22/2025Source: MRED Status Change
Active
1/17/2025Source: MRED Added to Database
January 17, 2025