Property profile

8143 47th St Lyons, IL 60534

OFF-MARKET
Retail space
Property ID
US28-1004104
1.09 ac lot Built 1990
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A long-established bar and restaurant property located in Lyons, Illinois, operating from an approximately 4,600-square-foot building with 78 parking spaces and an outdoor gated patio. The building is divided into two separate spaces to support dual use, with the bar side featuring a wide-open layout, video gaming, a DJ/dance area, and access to the gated outdoor patio; food service operations on the bar side use the full commercial kitchen located in the adjoining space. The restaurant side is a fully equipped space formerly used for breakfast and lunch and includes kitchen facilities suitable for reopening or reconfiguration as a second food-service operation. The property includes kitchen equipment, fixtures, and furnishings. Exterior updates include a roof replacement completed in 2021–2022, parking lot updates completed in 2023, and three HVAC units installed in 2021. The site is designed to provide separate areas for potential dual operation under shared or multiple occupancy arrangements.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Lot 1.09 ac (47,480 SF)
APN 18-11-201-018
UPID US28-1004104

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub
  • Bar & Pub
  • Bar & Pub

Location

8143 47th St Lyons, IL 60534-3904
Lyons metro Census 820202 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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