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    8200 S Cicero Ave Burbank, IL 60459

    For Sale
    $2,800,000

    Business Opportunity - Burbank, IL

    Property size:
    16,400 SF
    Days on Market:
    28
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 8200 S Cicero Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    19332020020000
    Size
    16,400 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent James Tammaro (708) 429-4300 License #475114220

    Listing date Nov 10, 2025

    MLS# 12515118 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Banquet Venue For Sale

    This is a well-established and highly successful wedding and banquet venue known as "Martinique Banquets". This premier destination has served the Southwest side and Southwest suburbs for many years. The property features two separate banquet rooms and separate bars. Additional features include a bakery and a garden area suitable for wedding pictures. The property includes a large parking lot with spaces for more than 100 cars and the capacity to hold both small and large events. The building is approximately 16,400 square feet and the lot is 86,940 square feet. The building is equipped with a sprinkler system and is extremely well maintained. Both the business and property are included in the sales price, representing a true turn-key operation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Martinique Banquet Complex Wedding Venue

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burbank
    County
    Cook
    State
    Illinois
    Longitude
    -87.7418583
    Latitude
    41.7432546

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      Burbank Townhome with Upgrades

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    • $189,872

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    FAQs

    What type of property is this?
    Wedding venue - Successful wedding and banquet venue in Burbank, Illinois for sale.
    Where is this wedding venue located?
    The property is located at 8200 S Cicero Ave Burbank, IL.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Established and successful wedding & banquet venue with a long-standing presence.; - Turn-key operation including both the business and property.; - Two separate banquet rooms and bars, accommodating both small and large events.
    (708) 429-4300
    Request Owner's contact information
    8200 S Cicero Ave Burbank, IL 60459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8200 S Cicero Ave Burbank, IL 60459
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