Listing provided courtesy of RE/MAX 10MREDas Distributed by MLSGrid- MLS# 12515118MLS Provider

8200 S Cicero AvenueBurbank, IL 60459

Commercial · 16,400 Sq. ft.
$2,100,000 Active

8200 S Cicero Avenue Overview

Time on Site:
231 days
Visits:
3

Martinique Banquets . A well established & highly successful wedding & banquet venue. This premier destination has served the Southwest side & Southwest suburbs for many years. The property features two separate banquet rooms and separate bars. Other features include a bakery, a garden area for wedding pictures, a huge parking lot with spaces for more than 100 cars and the capacity to hold both small & large events. The building is approximately 16,400 S. F. and the lot is 86,940 S.F. The building is sprinkled and extremely well maintained. Both the business & property are included in the sales price. A true turn-key operation !

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8200 S Cicero Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 16,400
  • Price/Sq.ft. $128

Details

General

Income/Expenses

  • Operating Expense: 784726

Business Information

  • Business Name: Martinique Banquets
  • Business Type: Restaurant

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Burbank / Nottingham Park

Tax Information

  • Tax Annual Amount: $128,594.00
  • Tax Year: 2023

General Information

  • Parcel Number: 19332020020000
  • Property Type: Business Opportunity

Interior

Building Interior

  • Building Area Total: 16400

General Information

  • Cooling: Central Air
  • Stories: 2

Unit Information

  • Unit SqFt.: 16400

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 86940
  • Lot Size Square Feet: 86940

8200 S Cicero Avenue Neighborhood

Community

60459 (BURBANK) Demographics

38
Median Age
6,779
Population Density (per sq. mile)
24%
College Educated
$70,052
Estimated Median Income
7,192
Estimated Total Home Owners
1,916
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8200 S Cicero Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8200 S Cicero Avenue Market Data

Based on the last 30 days in this zip code

$376,124
Average List Price
$224
Average Price per Square Foot
22
Properties Sold
70
Average Days on Market
67
Properties for Sale
Calculations provided by Reliance Network

8200 S Cicero Avenue History

Date Event Value Agent
6/21/2026Source: MRED Status Change
Active
6/15/2026Source: MRED Price Reduction
$2,100,000 -25.0%
6/15/2026Source: MRED Status Change
Price Change
11/15/2025Source: MRED Status Change
Active
11/10/2025Source: MRED Added to Database
November 10, 2025