8143 47th Street Lyons, IL $ 290,000
8143 47th Street
$ 290,000
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8143 47th Street

Lyons, IL, 60534
$ 290,000
Bedrooms-- Baths-- Sq 4,500

Monthly Estimate*

$ 1,809

8143 47th Street, Lyons, IL 60534 - Image 1
8143 47th Street, Lyons, IL 60534 - Image 2
8143 47th Street, Lyons, IL 60534 - Image 3
8143 47th Street, Lyons, IL 60534 - Image 4
8143 47th Street, Lyons, IL 60534 - Image 5

Commercial Property for sale in Lyons, IL

for $290,000. This 4,500 square foot building was built on a lot size of 1.09695.

This is your chance to own your unique and thriving, long-established Bar/Video Slot Machines + Restaurant Opportunity (Possibility to make the restaurant a different business of your choice with city approval) ~ Business Only (No Real Estate) "Turnkey" This is a highly successful bar in a well-established, high-traffic location. This business operates out of an approximate 4600 sq ft building space with ample parking with (78) parking spaces, and an out-door gated patio ~ the building is divided into two spaces to run a dual business. Bar side: Spacious bar with video gaming, DJ/dance area and a popular outdoor patio. This side is currently open and thriving. The bar utilizes the full commercial kitchen located in the adjoining space for its food service. Restaurant side: Formerly a neighborhood favorite for breakfast and lunch. This space is currently not operating but fully equipped and ready to re-open. The restaurant includes the kitchen currently used by the bar. What makes this opportunity special: The tenant (new owner of the business) rents both sides of the building, creating exceptional flexibility. A new owner can: Re-open the breakfast restaurant and capture a loyal morning crowd. Operate both the restaurant and the bar to maximize revenue "Or" Partner with another operator and split the rent ~ one running the breakfast/lunch side and one running the bar "Or" Keep the entire business unified and benefit from both streams of income. Both sides are turn-key and the bar is a wide-open concept with a (pool table, darts, boxing leased) DJ stand, small stage and outside gated patio. Fully Equipped: Sale includes all kitchen equipment, fixtures, and furnishings - everything you need to hit the ground running (NDA to be signed and a list of FF&E will be provided as well as P&L) Seller is working on P&L ~ New Roof 2021/22 and parking lot 2023, (3) HVACs 2021 ~ Taxes are included in rent ~ Lease ends 8/2028 with a (5) year option

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Commercial Active

Price

$ 290,000

Property Type

Commercial

Taxes

$ 0

Style

Bar/Tavern/Lounge,Restaurant

Lot Size

1.09695

Town/City

Lyons

County/Region

Cook

MLS | Web ID

12519161

Features
General
Cooling Central Air
Possession Closing Immediate
Zoning RTAIL
Tenant Pays Air Conditioning Electricity Heat Insurance Repairs Other
Stories Count 1
Tax Year 2024
Current Use Commercial
Business Type Bar/Tavern/Lounge Restaurant
County Cook
Operating Expense 1
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions 47th Street and Lawndale right to property
City Lyons
MLS Area Lyons
Lot Size Square Feet 47783
Additional Parcels Y/N N
Lease Type Gross
Standard Status Active
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Exterior
Building Area Total 4500
Lot Dimensions 218 X 215
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* Excluded Features
List By
Keller Williams Preferred Realty

Broker

anthonyl.the.realtor@gmail.com

Email

Affordability Calculator

$1,809
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
--
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$290,000 Listed Price

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8143 47th Street, Lyons, IL, 60534 is a Commercial Property for sale at $290,000 with 4,500 sqft and a lot size of 1.09695. The property's zip code is 60534 which is in Lyons, IL