2427 W 47th Street Chicago, IL $ 720,000
2427 W 47th Street
$ 720,000
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2427 W 47th Street

Chicago, IL, 60632
$ 720,000
Bedrooms-- Baths-- Sq 4,020

Monthly Estimate*

$ 4,433

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Commercial Property for sale in Chicago, IL

for $720,000. This 4,020 square foot building was built on a lot size of 0.142332.

Rare opportunity to acquire a well-established tire and automotive service business with real estate included located at 2427 W 47th St. This long-standing neighborhood shop has been successfully operating for over 30 years, building a loyal customer base and strong reputation within the local community. The property consists of approximately 6,200 square feet and features two service bays, providing ample workspace for tire installation, repairs, storage, and additional automotive services. The building sits on a highly visible commercial corridor with consistent daily traffic, offering excellent exposure for continued business growth. This business is an attractive opportunity for an owner-operator seeking immediate cash flow or an automotive operator looking to expand their footprint in Chicago. This offering includes both the operating business and the underlying real estate, providing long-term investment value and eliminating the risk of leasing.

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Commercial Active

Price

$ 720,000

Property Type

Commercial

Taxes

$ 10,924

Style

Auto Service

Lot Size

0.142332

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12584354

Features
General
Cooling None
Possession Negotiable
Zoning OTHER
Stories Count 2
Tax Year 2023
Business Type Auto Service
County Cook
Operating Expense 123600
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions From Western Ave head west on 47th St. Property is located mid block on the north side of the street.
City Chicago
MLS Area CHI - Brighton Park
Lot Size Square Feet 6200
Tax Annual Amount 10924
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 4020
Lot Dimensions 6200
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* Excluded Features
List By
Aria Real Estate

Broker

carlos@ariare.net

Email

Affordability Calculator

$5,343
Per Month
83%
17%
0%
Monthly Principal & Interest
$4,433
Monthly Property Taxes
$910
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/6/2026$720,000 Listed Price

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2427 W 47th Street, Chicago, IL, 60632 is a Commercial Property for sale at $720,000 with 4,020 sqft and a lot size of 0.142332. The property's zip code is 60632 which is in Chicago, IL