NL Ferrata and Compass logo

2427 West 47th StreetChicago, IL 60632Price: $720,000

  • Price: $720,000
  • 115 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $720,000List Price
  • 4,020Square Feet

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Rare opportunity to acquire a well-established tire and automotive service business with real estate included located at 2427 W 47th St. This long-standing neighborhood shop has been successfully operating for over 30 years, building a loyal customer base and strong reputation within the local community. The property consists of approximately 6,200 square feet and features two service bays, providing ample workspace for tire installation, repairs, storage, and additional automotive services. The building sits on a highly visible commercial corridor with consistent daily traffic, offering excellent exposure for continued business growth. This business is an attractive opportunity for an owner-operator seeking immediate cash flow or an automotive operator looking to expand their footprint in Chicago. This offering includes both the operating business and the underlying real estate, providing long-term investment value and eliminating the risk of leasing.

Property Details of 2427 West 47th Street

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Listed by Carlos Guerra of Aria Real Estate Chicago LLC

Based on information submitted to MRED  as of June 28, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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