Skip To Content

9200 Cermak Road

Broadview, IL 60155
  • $2,950,000
  • STATUS: Active
  • ON SITE: 409 Days
  • MLS #: 11852576
UPDATED: 44 min ago
$2,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1940
County:
Area:

School Ratings & Info

Description

Sawas Old Warsaw Smorgasbord Restaurant and Banquet facility in business for 50 years with established regional attraction located on the ground floor of a 2 story building with approximately 12,000sf with a full basement situated on just over an acre of land at the busy intersection of Cermak Road and 17th Avenue with average daily traffic of 31,000 vehicles(as per IDOT) across from a strip center anchored by a Home Depot and Super Target. The parking lots will accommodate in excess of 90 vehicles. Current zoning is C-2 which allows for most uses. The Village of Broadview is very approachable on variances and special uses. Modified bitumen roof updated in 2019; New boiler in 2020. Multiple revenue centers include restaurant with carry out, bar, gaming, multiple banquet rooms for all sizes of meetings, post funeral luncheons and receptions. Top floor has 23 studio apartments. Rare opportunity to own.

Monthly Payment Calculator



© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-19T14:07:14.64 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.luxhomechicago.com/homes/142186977
Print Image

9200 Cermak Road Broadview, IL 60155

  • Price: $2,950,000
  • Status: Active
  • On Site: 409 Days
  • Updated: 44 min ago
  • MLS #: 11852576
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Sawas Old Warsaw Smorgasbord Restaurant and Banquet facility in business for 50 years with established regional attraction located on the ground floor of a 2 story building with approximately 12,000sf with a full basement situated on just over an acre of land at the busy intersection of Cermak Road and 17th Avenue with average daily traffic of 31,000 vehicles(as per IDOT) across from a strip center anchored by a Home Depot and Super Target. The parking lots will accommodate in excess of 90 vehicles. Current zoning is C-2 which allows for most uses. The Village of Broadview is very approachable on variances and special uses. Modified bitumen roof updated in 2019; New boiler in 2020. Multiple revenue centers include restaurant with carry out, bar, gaming, multiple banquet rooms for all sizes of meetings, post funeral luncheons and receptions. Top floor has 23 studio apartments. Rare opportunity to own.
Exterior Features

Docks None Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City StreetSignal Intersection Outdoor Parking 51-100 Spaces Roof MembraneReflective Coating Roof Structure Flat

Interior Features

Cooling Central AirWall SleeveWindow Unit(s) Fireplaces Total 0 Flooring ConcreteWood Heat Ventilation Central Bldg HeatForced AirGas Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 23 Number Of Washers 0

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 12000 Built Before1978 YN Yes Electric Circuit BreakersService - 101 to 200 Amps Fire Protection Alarm On SiteAnsul SystemFire Extinguisher/sCarbon Monoxide Detector(s) Geographic Locale Chicago West Gross Income 180866 Gross Scheduled Income 180866 Insurance Expense 7189 Location CornerMixed Use Area Mls Actual Status Active Net Operating Income 44810 Number Of Tenants 23 Operating Expense 13605 Ownership Types Land Trust Possible Use CommercialIndustrialOffice and ResearchRetail Property Sub Type Apts/Stores Rental Price 15.07 Seller Needs Cash Tax Annual Amount 27224 Tax Year 2021 Tenant Pays Common Area MaintenanceElectricityHeatTaxesInsuranceRepairsScavengerSewer Total Monthly Income 15072 Township Proviso Type Mixed Use Utilities Electric to SiteGas to SiteSanitary SewerWater-MunicipalWater to Site Zoning RTAIL

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX City: 773-775-0600.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2024-09-19T14:07:14.64 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11852576-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11852576-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11852576-1.jpg
Logo
@properties
737 North Michigan Avenue, Suite 1800
Chicago IL, 60611