Mexican Restaurant With
For Sale
$750,000
1347 W 47th Street, Chicago, IL 60609
Business Opportunity, Chicago, IL
Property SizeContact for details
Lot Size0.17 Acres
Days on Market273
Property Features for 1347 W 47th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
East or West on 47 street 1543. Just east of Ashland Avenue
Subdivision
CHI - New City
Standard status
Active
APN
20081000130000
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4358
Utilities
Cooling system
Central Air, Exhaust Fan (Cooling)
Building Details
Floors in Building
1
Building materials
Brick
Listing Agency:
RE/MAX Premier · RE/MAX International
(312) 475-1717
Listed By:
Howard Thomas · License #471019584
(312) 671-7600
Added: Dec 9, 2025
Changed: Aug 20
Last Checked: Sep 8 at 8:06PM
MLS# 12529659
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This business-only offering features a Mexican restaurant with an accompanying bar and an upscale kitchen. The 2024 buildout includes furniture, a POS system, high-definition televisions, and seating arranged for bar guests, high tops, and booths. A separate area supports carryout orders, while the kitchen is equipped for restaurant operations. The premises feature brick construction, central air, and an exhaust fan cooling system.
The restaurant is located in Chicago near shopping and a main bus line, with access from another nearby route. The sale includes the liquor license, along with the furnishings and equipment associated with the operation.
The restaurant is located in Chicago near shopping and a main bus line, with access from another nearby route. The sale includes the liquor license, along with the furnishings and equipment associated with the operation.
Key Highlights
- Business‑only sale includes the restaurant operation, furniture, POS system, and liquor license
- 2024 buildout with upscale kitchen and restaurant furnishings
- Seating includes bar positions, high tops, and booths
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,053
Businesses Nearby
134k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 34%
Groceries 20%
Apparel 8%
McDonald's
Dining
29,351 visits/mo
0.2 miles
Aldi
Groceries
27,298 visits/mo
0.2 miles
BP
Shops & Services
15,025 visits/mo
0.4 miles
Marshalls
Apparel
10,573 visits/mo
0.1 miles
Dollar Tree
Shops & Services
10,222 visits/mo
0.3 miles
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Business sale includes a 2024 buildout, furnishings, POS system, and liquor license.
Where is this conventional restaurant located?
The property is located at 1347 W 47th Street Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Business‑only sale includes the restaurant operation, furniture, POS system, and liquor license; 2024 buildout with upscale kitchen and restaurant furnishings; Seating includes bar positions, high tops, and booths
