5419-21 W Madison Street
Chicago, IL, 60644
$409,500
Beds
0 Baths
0 SqFt
0 Acres
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$409,500
5419-21 W Madison Street
Chicago, IL, 60644
MLS #MRD12420242 image #0MLS #MRD12420242 image #1MLS #MRD12420242 image #2MLS #MRD12420242 image #3MLS #MRD12420242 image #4MLS #MRD12420242 image #5MLS #MRD12420242 image #6MLS #MRD12420242 image #7MLS #MRD12420242 image #8MLS #MRD12420242 image #9MLS #MRD12420242 image #10MLS #MRD12420242 image #11MLS #MRD12420242 image #12MLS #MRD12420242 image #13MLS #MRD12420242 image #14MLS #MRD12420242 image #15MLS #MRD12420242 image #16MLS #MRD12420242 image #17MLS #MRD12420242 image #18MLS #MRD12420242 image #19MLS #MRD12420242 image #20MLS #MRD12420242 image #21MLS #MRD12420242 image #22MLS #MRD12420242 image #23MLS #MRD12420242 image #24MLS #MRD12420242 image #25
Unlock a prime opportunity to own or lease versatile commercial space in the heart of Chicago’s bustling Austin neighborhood. Perfectly positioned in a high-traffic area – steps from local favorites like MacArthur’s and TnT – this property sees over 20,000 vehicles daily, putting your business front and center for a diverse and steady customer base. The flexible layout is ready for your vision: formerly home to a takeout restaurant and beauty salon, it can easily be kept as separate units for multiple ventures or reimagined as one spacious dine-in restaurant with a generous dining area. A private rear lot offers convenient off-street parking for at least six cars – a rare perk! Surrounded by a strong mix of residential and commercial neighbors and just minutes from the major United Center redevelopment, this location promises strong foot traffic and growth for years to come. Easy access to I-290 and public transit. Bring your concept and watch it thrive – opportunities like this don’t last long! Schedule your showing today.

Property Details

Price:
$409,500
MLS #:
MRD12420242
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Austin
Listed Date:
Jul 15, 2025
Total Sq Ft:
3,000
Year Built:
1909
Chi – AustinChi – Austin

Schools

Interior

Cooling
Central Air
Flooring
Tile, Vinyl

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$83,000
Tax Year
2023
Taxes
$14,250
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 02, 2025
1,063
Commercial Listed
164
Avg DOM
151
Avg $ / SqFt
$1,045,606
Avg List Price

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Property Summary

    5419-21 W Madison Street Chicago IL is a Commercial for sale in Chicago, IL, 60644. It is listed for $409,500 To schedule a showing of MLS#mrd12420242 at 5419-21 W Madison Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5419-21 W Madison Street
Chicago, IL