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9200 Cermak Rd Broadview, IL 60155

For Sale
$2,950,000

Established Business, Huge Potential

Property size:
12,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a unique blend of commercial and residential real estate. Located at the high-traffic intersection of Cermak Road and 17th Avenue in Broadview, Illinois, this property boasts a prominent position across from a Home Depot and Super Target, benefiting from an average daily traffic count of 31,000 vehicles (per IDOT). The main building, a two-story structure encompassing approximately 12,000 square feet, includes a full basement and ample parking for over 90 vehicles. The ground floor houses the renowned Sawas Old Warsaw Smorgasbord Restaurant and Banquet facility, a well-established business operating successfully for 50 years. This multi-faceted operation includes a restaurant with carry-out, a bar, gaming facilities, and multiple banquet rooms catering to various events, from small meetings to large receptions. The upper floor comprises 23 studio apartments, generating additional revenue streams. The property sits on just over an acre of land and is zoned C-2, allowing for a wide range of potential uses. The Village of Broadview is known for its cooperative approach to variances and special use permits. Recent improvements include a modified bitumen roof replacement in 2019 and a new boiler installation in 2020. This is a rare chance to acquire a well-established, multi-revenue-generating property with significant upside potential in a prime location. The property's history, established clientele, and versatile zoning make it an attractive investment for discerning buyers.

Property Features for 9200 Cermak Rd

General Information

Property type
Other commercial real estate
Square Feet
12,000 SF

Building Details

Year Built
1940

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
-87.85299
Latitude
41.84977

FAQs

What type of property is this?
Commercial real estate - Established Business, Huge Potential
Where is this commercial real estate 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.
More about this property
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