You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail residential properties

9200 Cermak Rd Broadview, IL 60155-4728

0.7 ac lot Built 1953
Trust Owned ~ Est. High Equity
Property ID
US28-2520724
Property summary
AI-generated overview

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 profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1953
Lot 0.7 ac (30,418 SF)
APN 15-22-314-029
UPID US28-2520724
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sawa's Old Warsaw Restaurant Restaurant
  • Brookfield Jazz Society Charitable Organization Social Service Agency
  • ATM (BMO Harris Bank) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Trust 295
Trust 295
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9200 Cermak Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message