5615 Roosvelt Rd.
Rare Opportunity to Own Sarno’s Restaurant with Profitable Gaming Operation- A Longstanding Cicero Favorite with 67+ Years of Success!
Take advantage of the rare opportunity to own Sarno’s Restaurant, a longstanding local favorite in Cicero with over 67 years of operation. This turn-key, highly-rated establishment includes a successful gaming operation, providing a strong revenue stream. There is significant upside potential through extended hours, menu expansion, or enhanced gaming options. With all equipment and licenses included, this is a seamless, turn-key operation! This is your chance to own a well-established, profitable business with a loyal customer base in a prime location—contact us today for a showing!
Approx. NOI is $275K. The gaming nets approx. $200K to the owner of the $600K that the machines gross. Additionally the restaurant nets approx. $60- $75K of the approx. $200-$250K in gross sales.
Real Estate, Business, and All Equipment & Licenses Included.
- Sale Price: $1,179,000
- Property Tax: $15,152
- Annual Net Op. Income: $275,000
- MLS: 12270638
- P.I.N.: 16202070030000
- Building Type: Commercial, Mixed Use, Business W/Real Estate, Retail, Land, Other
- Number of Stories: 2
- Building Square Feet: 6,200
- Site Square Feet: 13,000
Property Details
- Ideally positioned near I-290, Aldi and Hartgrove Hospital.
- Property is equal to four city lots and features a 30 car parking lot, 3 bedroom apartment and rentable commercial unit in rear.
- The building boasts excellent visibility with signage and 100′ of frontage along busy Roosevelt Road.