5351 W Madison Street
Chicago, IL, 60644
$324,900
Beds
0 Baths
5,400 SqFt
0 Acres
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$324,900
5351 W Madison Street
Chicago, IL, 60644
MLS #MRD12395609 img 0MLS #MRD12395609 img 1MLS #MRD12395609 img 2MLS #MRD12395609 img 3MLS #MRD12395609 img 4MLS #MRD12395609 img 5MLS #MRD12395609 img 6MLS #MRD12395609 img 7MLS #MRD12395609 img 8MLS #MRD12395609 img 9MLS #MRD12395609 img 10MLS #MRD12395609 img 11MLS #MRD12395609 img 12MLS #MRD12395609 img 13MLS #MRD12395609 img 14MLS #MRD12395609 img 15MLS #MRD12395609 img 16MLS #MRD12395609 img 17MLS #MRD12395609 img 18MLS #MRD12395609 img 19MLS #MRD12395609 img 20MLS #MRD12395609 img 21
WOW! Long time (30+ year) owner offers this large 5400 square foot, well maintained, well managed and fully occupied all brick Mixed Use property that generates a solid $3,346/month ($40,152/year) positive cash flow (using accurate numbers including all operating expenses, taxes, etc.)! Long time tenants are three commercial spaces (barber school, a take-out restaurant, office) and four apartments consisting of a 2-bedroom unit and three studios. The commercial tenants pay their own electric. Fully fenced lot with plenty of parking. Plenty of road and foot traffic on Madison Street.

Property Details

Price:
$324,900
MLS #:
MRD12395609
Status:
Active
Beds:
0
Baths:
0
Address:
5351 W Madison Street
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Jun 17, 2025
State:
IL
Finished Sq Ft:
5,400
Total Sq Ft:
5,400
ZIP:
60644
Year Built:
1900

Schools

Interior

Cooling
Central Air, Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$40,152
Tax Year
2023
Taxes
$5,486
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Courtesy of RE/MAX All Pro. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
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5351 W Madison Street
Chicago, IL