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    9200 Cermak Rd Broadview, IL 60155

    For Sale
    $2,950,000

    Business Opportunity - Broadview, IL

    Property size:
    12,000 SF
    Days on Market:
    462
    Last Refresh:
    Dec 13 at 12:06 pm

    Property Features for 9200 Cermak Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL
    APN
    15223140290000
    Size
    12,000 SF

    Utilities

    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Roof type
    Membrane
    Architectural style
    Other

    RE/MAX City (773) 775-0600 [email protected]

    Listing agent Gregory Ignarski (773) 775-0600 License #475134591

    Listing date Sep 8, 2024

    MLS# 11852560 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 Restaurant & Banquet Facility

    This property features a restaurant and banquet facility that has been in business for 50 years, attracting customers from the region. Located on the ground floor of a two-story building, the facility encompasses approximately 12,000 square feet with a full basement, situated on just over an acre of land. The location is at the intersection of Cermak Road and 17th Avenue, with a reported average daily traffic of 31,800 vehicles. Across the street is a strip center anchored by a Home Depot and a Super Target. The parking lots can accommodate over 90 vehicles. The current C-2 zoning permits most uses, and the Village of Broadview is reportedly approachable regarding variances and special uses. A modified bitumen roof was updated in 2019, and a new boiler was installed in 2020. The property includes multiple revenue centers such as a restaurant with carry-out service, a bar, gaming, and multiple banquet rooms suitable for meetings of all sizes, post-funeral luncheons, and receptions. The top floor features 23 studio apartments, presenting a rare ownership opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sawa's Old Warsaw ... Polish Restaurant Brookfield Jazz Society Non-Profit Organization ATM (BMO Harris ... Atm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Broadview
    County
    Cook
    State
    Illinois
    Longitude
    -87.853111
    Latitude
    41.849814

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    FAQs

    What type of property is this?
    Restaurant - Long-standing restaurant and banquet facility with additional revenue streams.
    Where is this restaurant located?
    The property is located at 9200 Cermak Rd Broadview, IL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Established restaurant and banquet facility in business for 50 years with regional attraction.; - High-traffic location at the intersection of Cermak Road and 17th Avenue (31,800 average daily traffic).; - Large parking lot accommodating over 90 vehicles.
    (773) 775-0600
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    Broadview, IL 60155
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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

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    Cap approach

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    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
    9200 Cermak Rd Broadview, IL 60155
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