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    9200 Cermak Rd Broadview, IL 60155-4728
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    Property profile & analytics

    9200 Cermak Rd Broadview, IL 60155-4728


    • Retail residential properties
    • 0.70 lot acres
    Off-Market
    Property ID
    US28-2520724
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sawa's Old Warsaw Restaurant / Restaurant
    • Brookfield Jazz Society / Charitable Organization / Social Service Agency
    • ATM (BMO Harris Bank) / Atm

    Property Details for 9200 Cermak Rd

    Year built
    1953
    Lot size
    0.70 lot acres
    Property type
    Retail residential properties
    APN
    15-22-314-029
    APU
    1522314029

    Description

    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.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Broadview
    County
    Cook
    State
    Illinois
    Longitude
    -87.8531
    Latitude
    41.8498
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $19,689
    $42,585
    $11,398
    $53,983
    -
    $425,850
    $113,980
    $539,830
    More about this property
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