8143 47th Street, Lyons, IL

$200,000

Overview

  • 267795
  • Property ID
  • Updated On:
  • April 15, 2026

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) ~ Asset sale 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 ~ 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

Climate Control
Air Conditioning
Other Features
Central Air
Electricity
Heat
Insurance
Other
Repairs

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$1,025.44
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 775.44

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Information for the property at 8143 47th Street, Lyons, IL, 60534 (Property ID: 267795) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi