Skip To Content

5419 W Madison Street

Chicago, IL 60644
  • $434,900
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 12257596
UPDATED: 25 min ago
$434,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1909
County:
Area:

School Ratings & Info

Description

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!!!

Monthly Payment Calculator



© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T14:01:45.94 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
www.greaterchicagohomesearch.com/homes/160684698
Print Image

5419 W Madison Street Chicago, IL 60644

  • Price: $434,900
  • Status: Active
  • On Site: 24 Days
  • Updated: 25 min ago
  • MLS #: 12257596
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1909
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
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!!!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces6-12 Spaces Roof Structure Flat

Interior Features

Cooling Central Air Flooring TileVinyl Heat Ventilation Forced Air Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 3000 Current Use Commercial Electric Service - 0 to 100 Amps Fire Protection Fire Extinguisher/s Gross Income 105000 Gross Scheduled Income 105000 Leasable Area 3000 Location Mixed Use AreaPublic Transport AvailFree Standing/UrbanEmpowerment ZoneTIF ZoneIn City LimitsHigh Traffic Area Mls Actual Status Active Net Operating Income 75750 Number Of Tenants 1 Property Offered For Sale Only Property Sub Type Free Standing StoreMedicalNeighborhood StorefrontRestaurant Tax Annual Amount 14250 Tax Year 2023 Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-981-5500.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-16T14:01:45.94 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12257596-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12257596-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12257596-1.jpg
Logo
RE/MAX IMPACT
900 S. State Street Suite B
Lockport IL, 60441