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8143 47th Street Lyons, IL 60534

$200,000
Active / MLS# 12519161 / Commercial - Investment / Lyons
0 Beds
4500 SqFt

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

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Baird & Warner Kenneth Arrizola Agent Cell: 773.914.8480 Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 1.10 Acres
Stories: 1.0

Feature Descriptions

Current Use: Commercial
HVAC: Central Bldg Heat, Central Heat/Indiv Controls
Location: Corner
Lot Dimensions: 218 X 215
Parcel#: 18112010180000
Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Repairs, Other

Location

See details and scored characteristics about this location.

Listing Office: Keller Williams Preferred Realty

Listing Office Phone: 708-798-1111



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