1347 W 47th Street Chicago, IL ^$ 1,200,000

1347 W 47th Street

^$ 1,200,000

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Recently Listed

1347 W 47th Street

Chicago, IL, 60609

^$ 1,200,000

Bedrooms-- Baths-- Sq 2,400

Monthly Estimate*

^$ 7,486

1347 W 47th Street, Chicago, IL 60609 - Image 1

1347 W 47th Street, Chicago, IL 60609 - Image 2

1347 W 47th Street, Chicago, IL 60609 - Image 3

1347 W 47th Street, Chicago, IL 60609 - Image 4

1347 W 47th Street, Chicago, IL 60609 - Image 5

1347 W 47th Street, Chicago, IL 60609 - Image 6

1347 W 47th Street, Chicago, IL 60609 - Image 7

1347 W 47th Street, Chicago, IL 60609 - Image 8

Commercial Property for sale in Chicago, IL

for $1,200,000. This 2,400 square foot building was built on a lot size of 0.172176.

Mexican Restaurant with Bar and upscale kitchen with furniture and POS system available for purchase (Business Only). This glamorous build out was completed 2024. Seating for bar, high tops and booths & Hi def Televisions for watching sporting events and additional side for carry out orders. Great location on main bus line and off another for excellent access and shopping in area with high visibility.

Commercial Active

Price

^$ 1,200,000

Property Type

Commercial

Taxes

^$ 4,358

Style

Bar/Tavern/Lounge,Restaurant

Lot Size

0.172176

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12529659

Features

General

Cooling Central Air Exhaust Fan

Possession Closing

Construction Materials Brick

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Taxes Insurance Repairs Scavenger Sewer Gas

Stories Count 1

Tax Year 2024

Business Type Bar/Tavern/Lounge Restaurant

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status New

Directions East or West on 47 street 1543. Just east of Ashland Avenue

City Chicago

MLS Area CHI - New City

Lot Size Square Feet 7500

Tax Annual Amount 4358

Additional Parcels Y/N N

Lease Type N/A

Standard Status Active

Exterior

Building Area Total 2400

Lot Dimensions 50x150

Waterfront Y/N N

* Excluded Features

List By

Re/Max Premier

Broker

hothomas@aol.com

Affordability Calculator

$7,850

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $363
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,030,709

Percent of Sale Price 14%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/10/2025	$1,200,000		Listed Price

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1347 W 47th Street, Chicago, IL, 60609 is a Commercial Property for sale at $1,200,000 with 2,400 sqft and a lot size of 0.172176. The property's zip code is 60609 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/11/2025.

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1347 W 47th Street

Commercial Property for sale in Chicago, IL

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