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    5615 W Roosevelt Rd Cicero, IL 60608

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    For Sale
    $1,179,000

    Turn-key restaurant with gaming, equipment, and licenses included.

    Property size:
    6,200 SF
    Lot size:
    0.14 Acres

    Property Features for 5615 W Roosevelt Rd

    General Information

    Size
    6,200 SF
    Lot size
    0.14 Acres

    Source: Strauss Realty, Ltd. Agent David Kaplan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Gaming Operation

    This is an opportunity to own Sarno’s Restaurant, a local establishment in Cicero with over 67 years of operation. The turn-key restaurant includes a gaming operation. The gaming nets approximately $200,000 to the owner of the $600,000 that the machines gross. Additionally, the restaurant nets approximately $60,000 to $75,000 of the approximately $200,000 to $250,000 in gross sales. The approximate net operating income is $275,000. The real estate, business, and all equipment and licenses are included. The property size is 6,200 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cicero
    County
    Cook
    State
    Illinois
    Longitude
    -87.7651488
    Latitude
    41.865407

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant with gaming, equipment, and licenses included.
    Where is this turn key restaurant located?
    The property is located at 5615 W Roosevelt Rd Cicero, IL.
    What is the asking price?
    The asking price for this property is $1,179,000.
    What are key features of this property?
    This property features: - Turn-key restaurant business opportunity with all real estate, equipment, and licenses included.; - Established, profitable business with a loyal customer base and a 67-year operating history.; - Significant net operating income (NOI) of approximately $275,000.
    (773) 736-3600
    Request Owner's contact information
    5615 W Roosevelt Rd Cicero, IL 60608
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    Cicero, IL 60608
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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
    5615 W Roosevelt Rd Cicero, IL 60608
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