5419 W Madison Street
Chicago, IL, 60644
$420,000
Beds
0 Baths
0 SqFt
0 Acres
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$420,000
5419 W Madison Street
Chicago, IL, 60644
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Turn-Key Restaurant & Retail Asset | High-Traffic Madison St. Corridor Maximize ROI with this premier owner-user or value-add investment at 5419 W Madison Ave. Boasting 20,000+ VPD and strategic proximity to the United Center expansion, this highly visible asset delivers unmatched versatility in Chicago’s Austin submarket. Property Highlights: Second-Generation Restaurant Infrastructure: Fully outfitted and ready for immediate operation. Features a highly coveted aquarium-style smoker/pit, walk-in cooler, fryers, grills, 5-burner stove, 3-compartment sink, prep tables, and warming/display cases. Dynamic Floorplan: Currently demised as two distinct suites (former takeout and salon). Maintain dual tenancy for diversified cash flow, or seamlessly combine into a sprawling dine-in concept. Administrative Suites: Features a dedicated management office complete with an attached, secure records retention room. Rare Dedicated Parking: Includes a 3,500sf private rear surface lot accommodating 10+ vehicles-an exceptional premium for urban retail that drives serious customer volume. Strategic Positioning: Surrounded by dense residential demographics and established local anchors like MacArthur’s and TnT. Offers immediate access to I-290 and CTA transit lines. Bring your vision to a location primed for steady foot traffic and long-term appreciation. Fully equipped second-generation spaces with dedicated parking are a rarity. Schedule your private tour today.

Property Details

Price:
$420,000
MLS #:
MRD12582533
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiaustin
Listed Date:
Apr 19, 2026
Total Sq Ft:
3,000
Year Built:
1909
Chi – AustinChiaustin

Schools

Interior

Cooling
Central Air
Flooring
Tile, Vinyl

Exterior

Construction Materials
Brick
Stories
1

Financial

HOA Fee Frequency
Not Applicable
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 Apr 25, 2026
935
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Avg DOM
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Property Summary

    5419 W Madison Street Chicago IL is a Commercial for sale in Chicago, IL, 60644. It is listed for $420,000 To schedule a showing of MLS#mrd12582533 at 5419 W Madison Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5419 W Madison Street
Chicago, IL