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$ 420,000
Est. payment | /mo
3,000 SqFt
$ 420,000
Est. payment | /mo
3,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $140
MLS Listing ID 12582533
Year Built 1909
Annual Tax Amount $14,250
Tax Year 2023
Lot Dimensions 50X130
Property Sub-Type Retail/Stores
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.
Location
State IL
County Cook
Area Chi - Austin
Zoning COMMR
Interior
Cooling Central Air
Flooring Tile, Vinyl
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by DeMarcus Hunter of Compass