$420,000

5419 W Madison Street, Chicago, IL 60644

3,000 sqft

Commercial Property
Built in 1909
6,534sqft lot
—— car garage
$140/sqft
Listed 13 days ago

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.

Listing Status:: Active
Data Last Updated:: May 2, 2026 at 10:18PM
Listing Office:: Compass : 773-531-6163
Listing Agent:: DeMarcus Hunter : 773-531-6163
MLS ID:: 12582533

Flooring: TileVinyl
A/C: Central Air

General: Concrete Perimeter

Road/Access: City Street
HOA Amenities: Not Applicable
Originating MLS: mred
County: Cook

Zoning: COMMR16161010060000
Current Use: CommercialMedical/Dental

Utilities: Service - 0 to 100 Amps

Source: mred

This listing courtesy of DeMarcus Hunter , Compass

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Principal & Interest $
Property Taxes $
Home Insurance $
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