$324,900
5351 W Madison Street
Chicago, IL, 60644
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 Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Austin
Listed Date:
Jun 17, 2025
Total Sq Ft:
5,400
Year Built:
1900
Schools
Interior
Cooling
Central Air, Window Unit(s)
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$5,486
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 02, 2025
1,070
Commercial Listed
164
Avg DOM
149
Avg $ / SqFt
$1,046,641
Avg List Price
Community
- Address5351 W Madison Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60644
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Property Summary
- 5351 W Madison Street Chicago IL is a Commercial for sale in Chicago, IL, 60644. It is listed for $324,900 To schedule a showing of MLS#mrd12395609 at 5351 W Madison Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
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5351 W Madison Street
Chicago, IL
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