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5615 W Roosevelt Rd
Cicero, IL 60804
Sarno's Restaurant + Gaming Lounge · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 67+ Years in Operation! Highly-rated restaurant with loyal customer base.
- Excellent visibility with signage. 100' of frontage on busy Roosevelt Road.
- Property spans 4 city lots with restaurant, 30 car parking lot, 3-bed apartment and rentable commercial unit in rear.
- Turn-key profitable business. Business $275K NOI with tremendous upside. Successful gaming operation provides strong revenue stream.
- Located directly across from McDonald's and Advance Auto Parts. Nearby I-290, Aldi and Hartgrove Hospital.
- For sale - Real Estate, Business, All FF&E and Licenses Included.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,200 SF
Building Class
C
Year Built
1916
Price
$1,621,856 CAD
Price Per SF
$261.59 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.30 AC
Opportunity Zone
Yes
Parking
30 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
100’ on Roosevelt
AMENITIES
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 16-20-207-004-0000 | Improvements Assessment | $21,516 CAD |
| Land Assessment | $4,621 CAD | Total Assessment | $26,137 CAD |
PROPERTY TAXES
Parcel Number
16-20-207-004-0000
Land Assessment
$4,621 CAD
Improvements Assessment
$21,516 CAD
Total Assessment
$26,137 CAD
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