Chicago, IL 60644 5419-21 W Madison Street
$409,500



21 more






















Presented By: HomeSmart Connect LLC
Home Details
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.
Presented By: HomeSmart Connect LLC
Interior Features for 5419-21 W Madison Street
Other Interior Features
FlooringTile, Vinyl
General for 5419-21 W Madison Street
Additional Parcels Y/NNo
Cap Rate21
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial, Medical/Dental
DirectionsFrom I-290, take the Central Ave exit north to Madison St. Head west on Madison to 5419.
ElectricService - 0 to 100 Amps
Gross Income113000
Leasable Area3000
Lot Size Square Feet6500
MLS AreaCHI - Austin
ModificationTimestamp2025-09-07T21:12:15.175Z
Net Operating Income83000
Number Of Units Total2
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount14250
Tax Year2023
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Taxes, Insurance, Sewer
Year Built1909
ZoningCOMMR
Exterior for 5419-21 W Madison Street
Building Area Total3000
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions50X130
Additional Details
Price History
