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!
Property Details
Price:
$1,179,000
MLS #:
MRD12270638
Status:
Active
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
cicero
Listed Date:
Jan 17, 2025
Total Sq Ft:
6,200
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$15,152
Listing Agent & Office
Moshe Weinberger
Strauss Realty Ltd
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