Mexican Restaurant with
For Sale
$750,000
1347 W 47th Street, Chicago, IL 60609
COMMERCIAL - Chicago, IL
Lot Size0.17 Acres
Days on Market236
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
Exhaust Fan (Cooling), Central Air
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) 475-1717
Added: Dec 9, 2025
Changed: Aug 1
Last Checked: Aug 2 at 1:06AM
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.
Mexican restaurant with a bar and upscale kitchen buildout completed in 2024. The space is designed for dine-in and carryout, with seating for the bar, high tops, and booths, plus additional side space for carry out orders. Hi def televisions are included for watching sporting events, and a POS system is available for purchase as part of the business-only sale. A liquor license comes with the business.
The property is built with brick construction and includes central air along with an exhaust fan (cooling). It’s located on a main bus line and off another bus route, supporting convenient access and visibility for customers in the surrounding shopping area.
Seating and service layout support both bar-focused and traditional dining formats, with carryout accommodations built into the operation.
The property is built with brick construction and includes central air along with an exhaust fan (cooling). It’s located on a main bus line and off another bus route, supporting convenient access and visibility for customers in the surrounding shopping area.
Seating and service layout support both bar-focused and traditional dining formats, with carryout accommodations built into the operation.
Key Highlights
- Business‑only sale includes POS system and an included liquor license
- Buildout completed in 2024 for the bar and upscale kitchen
- Seating for bar, high tops, and booths plus side space for carry out orders
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 29%
Apparel 18%
Family Dollar
Shops & Services
17,847 visits/mo
0.2 miles
Dunkin' Donuts
Dining
9,645 visits/mo
0.2 miles
Citi Trends
Apparel
6,152 visits/mo
0.2 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 - Mexican restaurant with bar buildout completed in 2024, featuring POS system, HD TVs, and central air.
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 POS system and an included liquor license; Buildout completed in 2024 for the bar and upscale kitchen; Seating for bar, high tops, and booths plus side space for carry out orders
