8143 47th Street — Lyons, IL 60534
Active
▼ $90,000
Lyons, IL 60534

8143 47th Street

$200,000
0 beds · 0 baths
$90,000 below original 132 days on market $0/yr taxes
01About this home

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

02Inside the home
03By the numbers
$200,000
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$0
Annual taxes
Bus / Bus w/Real Est
Style
132
Days on market
04Features
Cooling
Central Air
05History

Every event we have for this address, straight from the MLS.

Apr 21, 2026
Price reducedThis listing
Keller Williams Preferred Realty
$200,000
−$90,000
Dec 15, 2025
Listed for saleThis listing
Keller Williams Preferred Realty
$290,000
Sourced from MRED. Older events appear here as our history backfill completes.
06Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

07See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Brandon, or Sonia — real people on our team, no call centers.
08Similar homes
Listed by Keller Williams Preferred Realty · Anthony Lucio
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12519161