This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
$290,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/5
Property Description
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
Full Property Details
Full Property Details for 8143 47th St
General
- Price: $290,000
- Taxes: (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12519161
- Updated: 12/21/2025
- Added to Site: 110 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Restaurant
- Years in Business: 7 to 10 Ye
Location
- Area: Lyons
- County: Cook
- Driving Directions: 47th Street and Lawndale right to property
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 4,500
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 47,783
- Lot Dimensions: 218 x 215
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $1
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Repairs, Other
Disclosures and Reports
- Property ID: 18112010180000
Listed by Keller Williams Preferred Realty and Keller Williams Preferred Rlty
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 8143 47th St
School Districts:Lyons School District 103, J. Sterling Morton High School District 201
| Name | Grades | Distance |
|---|---|---|
Costello School 4632 Clyde Avenue, Lyons, IL 60534 | PK-5 | 0.2 mi |
George Washington Middle School 8101 Ogden Avenue, Lyons, IL 60534 | 6-8 | 0.9 mi |
J Sterling Morton West High School 2400 Home Avenue, Berwyn, IL 60402 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8143 47th St
Date
Details
Price
Change
Source
12/15/2025
Listed
$290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8143 47th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$44,710
55%
$147,830
87%
2022
$28,790
-25%
$79,245
-29%
2021
$38,189
—
$110,893
—
2020
$38,369
-13%
$110,893
-3%
2019
$44,140
2%
$114,641
—
2018
$43,158
4%
$114,641
—
2017
$41,539
-4%
$114,641
4%
2016
$43,099
2%
$110,723
—
2015
$42,154
4%
$110,723
—
2014
$40,685
8%
$110,723
—
2013
$37,699
3%
$110,723
—
2012
$36,494
—
$110,723
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8143 47th St
8143 47th Street, Lyons, IL 60534 (MLS# 12519161) is a Business property. 8143 47th Street is currently listed for $290,000 and was received on December 15, 2025. Want to learn more about 8143 47th Street? Do you have questions about finding other Business real estate for sale in Lyons? You can browse all Lyons real estate or contact a Coldwell Banker agent to request more information.

