SQUARE FEET3,000
MLS#12582533
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
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 Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $14,250
Year Built: 1909
Feature Descriptions
Current Use: Commercial, Medical/Dental
Electric: Service - 0 to 100 Amps
Exterior: Brick
Fire Protection: Fire Extinguisher/s
Flooring: Tile, Vinyl
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Location: Mixed Use Area, Public Transport Avail, Free Standing/Urban, TIF Zone, In City Limits, High Traffic Area
Lot Dimensions: 50X130
Miscellaneous Indoor: Multi-Tenant, Public Restroom/s
Parcel#: 16161010060000
Parking: 1-5 Spaces,6-12 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Taxes, Insurance, Sewer, All Utilities, Trash Collection
Units: 2
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: 773-466-7150
Shown By
Agent Name: Jeffrey Brito
Agent Phone: Cell: (815) 505-8589
Agency Title: Gambino Realtors
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5419 W Madison Street | MLS# 12582533
This commercial property located at 5419 W Madison Street , Chicago, IL 60644 is currently listed for sale with an asking price of $420,000. Search Chicago real estate on jbrito.gogambino.com today.