5419 W Madison Street
Chicago, IL, 60644
$399,000
Beds
0 Baths
3,000 SqFt
0 Acres
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$399,000
5419 W Madison Street
Chicago, IL, 60644
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Discover an exceptional opportunity to own a versatile commercial property at 5419-21 W Madison St, Chicago. Situated in a thriving restaurant corridor alongside popular establishments like MacArthur’s and TnT, this location offers high visibility with over 20,000 vehicles passing daily, ensuring a diverse and steady clientele. Property Highlights: Flexible Layout: Previously utilized as a takeout restaurant and beauty salon, the space features a generous floor plan adaptable to various business concepts. New owners can maintain separate units for distinct ventures or combine them to create a spacious sit-down restaurant with a commanding dining area. Parking Convenience: A rear lot provides a minimum of six dedicated off-street parking spaces, enhancing accessibility for patrons. Strategic Location: Located in Chicago’s Austin neighborhood, the property is surrounded by a blend of residential and commercial properties, ensuring a consistent flow of potential customers. Close proximity to the mega United Center redevelopment signaling economic growth and increased foot traffic. Excellent Accessibility: The property is easily reachable via major roads like I-290 and public transportation, offering convenience for both customers and staff. This dynamic community setting presents significant opportunities for business growth and the cultivation of a loyal customer base. Schedule a showing today as this one will not last!!!

Property Details

Price:
$399,000
MLS #:
MRD12257596
Status:
Active
Beds:
0
Baths:
0
Address:
5419 W Madison Street
Type:
Commercial
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Feb 19, 2025
State:
IL
Finished Sq Ft:
3,000
Total Sq Ft:
3,000
ZIP:
60644
Year Built:
1909

Schools

Interior

Cooling
Central Air
Flooring
Tile, Vinyl

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$75,750
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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5419 W Madison Street
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