Restaurant and Bar Business Opportunity

1347 W 47th Street Chicago, IL 60609

Claim this Listing
For Sale
$750,000

COMMERCIAL - Chicago, IL

Lot size:
0.17 Acres
Added:
Dec 9, 2025
Days on Market:
215
Last Refresh:
Jul 12 at 1:06 am

Property Features for 1347 W 47th Street

General Information

Property type
Commercial Sale
Property subtype
Other
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 agent Howard Thomas License #471019584

Listing office RE/MAX Premier 1207 N Dearborn, Chicago, IL

Listing date Dec 9, 2025

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.

A Mexican restaurant and bar, including furniture and a POS system, is available for purchase as a business opportunity. The build-out was completed in 2024. The restaurant features seating at the bar, high-top tables, and booths, along with high-definition televisions. A separate area is designated for carry-out orders. The property is located on a main bus line and near another, providing access and visibility in an area with shopping. The business includes a liquor license. The lot size is 0.1722 acres.

Key Highlights

  • Fully equipped, upscale kitchen and POS system included.
  • Liquor license included with the business.
  • Recently completed (2024) glamorous build‑out.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Tech Support Center Catering Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • New Imla's Lounge — 1116 W 51st St, Chicago, IL 60609
  • Venckus Joseph J — 5101 s union ave, chicago, il 60609
  • Nathan's Bar & Grill — 325 w 47th st, chicago, il 60609
  • Rudys aka RLounge — 5101 S Union Ave, Chicago, IL 60609

FAQs

What type of property is this?
Bar & Pub - Turnkey restaurant and bar with liquor license for sale.
Where is this bar & pub 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: Fully equipped, upscale kitchen and POS system included.; Liquor license included with the business.; Recently completed (2024) glamorous build‑out.
Contact an agent
More about this property
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