9200 West Cermak Road

Broadview, IL 60155

$2,950,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Sawas Old Warsaw Smorgasbord Restaurant and Banquet facility in business for 50 years with established regional attraction located on the ground floor of a 2 story building with approximately 12,000sf with a full basement situated on just over an acre of land at the busy intersection of Cermak Road and 17th Avenue with average daily traffic of 31,000 vehicles(as per IDOT) across from a strip center anchored by a Home Depot and Super Target. The parking lots will accommodate in excess of 90 vehicles....Sawas Old Warsaw Smorgasbord Restaurant and Banquet facility in business for 50 years with established regional attraction located on the ground floor of a 2 story building with approximately 12,000sf with a full basement situated on just over an acre of land at the busy intersection of Cermak Road and 17th Avenue with average daily traffic of 31,000 vehicles(as per IDOT) across from a strip center anchored by a Home Depot and Super Target. The parking lots will accommodate in excess of 90 vehicles. Current zoning is C-2 which allows for most uses. The Village of Broadview is very approachable on variances and special uses. Modified bitumen roof updated in 2019; New boiler in 2020. Multiple revenue centers include restaurant with carry out, bar, gaming, multiple banquet rooms for all sizes of meetings, post funeral luncheons and receptions. Top floor has 23 studio apartments. Rare opportunity to own.
  1. Listed by Gregory Ignarski • RE/MAX City

Property Details for 9200 West Cermak Road

Area
Broadview
Township
Proviso
Num of Interior Fireplaces
0
Zoning
RTAIL

Location

Listing Courtesy of RE/MAX City
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LISTING UPDATED: 04/28/2024 07:14 AM

Property Details for 9200 West Cermak Road

StatusActive
MLS #11852576
Days on Market266
Taxes$27,224 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size1.03 AC / 44,918 SF
CountyCook County

Location

Listing Courtesy of RE/MAX City
Add your commute

Building Information for 9200 West Cermak Road

Stories-Residences-Year Built-Lot Size1.03 AC / 44,918 SF

Payment Calculator

$18,368 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$2,269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9200 West Cermak Road

General Information
Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces
  • Open Parking Spaces: 90.0
Location and General Information
  • Frontage Type: City Street, Signal Intersection
  • Geographic Locale: Chicago West
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Concrete, Wood
  • # Of Washers: 0
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas
  • # Of Refrigerators: 23
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 23
  • Misc Outside: Enclosed Stairs,Fire Escape,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 160 X 155
  • Lot Size Square Feet: 44918.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Membrane, Reflective Coating
  • Fire Protection: Alarm On Site,Ansul System,Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 12000
  • Manufacturing SqFt: 0
  • # Of Offices: 0
  • Office SqFt: 500
  • Other SqFt: 0
  • Retail SqFt: 5500
  • # Of Ranges: 23
  • # Of Stores: 1
  • Warehouse SqFt: 0
  • Property Sub Type: Apts/Stores
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Industrial, Office and Research, Retail
  • Buyer Financing: Conventional
  • Docks: None
  • Public Document Count: 0
  • Photos Count: 44
Miscellaneous
  • Location: Corner,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 24
Income & Expenses
  • Electric Expense: $5,702.00
  • Fuel Expense: $13,382.00
  • Gross Income: $180,866.00
  • Gross Scheduled Income: $180,866.00
  • Insurance Expense: $7,189.00
  • Electric Expense Source: Actual
  • Expense Year: 2019
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Net Operating Income Year: 2019
  • Other Expense Source: Actual
  • Trash Expense Source: Broker Projection
  • Total Monthly Income: 15072
  • Water Expense Source: Actual
  • Net Operating Income: $44,810.00
  • Operating Expense: $13,605.00
  • Other Expense: $56,663.00
  • Trash Expense: $2,400.00
  • Water Sewer Expense: $12,982.00

Property History for 9200 West Cermak Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9200 West Cermak Road

Taxable ValueLand$4,060Additions$72Total$4,132
Tax Record2022$1,507 ($126 / month)
Home Facts
Lot Size2,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979CountyCOOKAPN15-22-314-017

Schools near 9200 West Cermak Road

This home is within Proviso Twp Hsd 209 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Komarek Elementary School
PublicPK to 8

Proviso East High School
Public9 to 12

Proviso Math And Science Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9200 West Cermak Road is a mixed use property for sale in Broadview, IL 60155. This property was listed for sale on August 6, 2023 by RE/MAX City, it's currently listed at $2,950,000. This listing's school districts are Proviso Twp Hsd 209 School District, Komarek School District 94. Nearby schools include Komarek Elementary School, Proviso East High School and Proviso Math And Science Academy. 9200 West Cermak Road is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX City

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.