Chicago, IL 60644 5419 W Madison Street
$399,000



48 more

















































Presented By: Coldwell Banker Realty
Home Details
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!!!
Presented By: Coldwell Banker Realty
Interior Features for 5419 W Madison Street
Other Interior Features
FlooringTile, Vinyl
General for 5419 W Madison Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial, Medical/Dental
DirectionsFrom I-290, exit Central north to Madison, West on Madison to 5419
ElectricService - 0 to 100 Amps
Gross Income75000
Leasable Area3000
Lease TypeNet
Lot Size Square Feet6500
MLS AreaCHI - Austin
Net Operating Income68000
Number Of Units Total2
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount14250
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Taxes, Insurance, Sewer
Virtual TourClick here
Year Built1909
ZoningCOMMR
Exterior for 5419 W Madison Street
Building Area Total3000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50X130
Additional Details
Price History
