Active
5045-5059 W Madison Street
Chicago IL, 60644
$850,000
$123.82 per sqft
Active
6,865 sqft
Commercial
Built in 2006
Courtesy of Keller Williams Preferred Rlty
*PRIME OPPORTUNITY!*DON'T MISS YOUR RARE CHANCE TO PLACE YOUR VISION AT THIS 5 UNIT STRIP CENTER MINUTES FROM OAK PARK, IL!*VISIONARIES, RESTAURANT OWNERS AND INVESTORS-THIS LOCATION IS A MUST SEE!*NEWER CONSTRUCTION BUILDING BUILT IN 2006 OFFERS MULTIPLE USES TO GENERATE GREAT INCOME!*THE RESTAURANT, WHICH WILL BE DELIEVERED VACANT, OFFERS AN UPSCALE URBAN EXPERIENCE!*FULLY APPLIANCED KITCHEN ALLOWS IMMEDIATE OPERATION TO YOUR BUSINESS WHICH INCLUDES A DINING HALL WHERE GUEST CAN ENJOY YOUR MENU!*UPGRADED FEATURES IN THE RESTAURANT INCLUDE OUTDOOR PATIO, 3 MINI FRIDGES, ICE MACHINE, OFFICE SPACE, CAMERA SYSTEM, 3 FRYERS, HEATED PREP TABLE, 2 OVENS, A GRILL, 2 COOKING OIL DRAIN SYSTEMS, 4 SINKS, 10 BOOTH TABLES IN THE MAIN DINING AREA, 4 LARGE FLAT SCREEN TVS, HIS AND HERS RESTROOMS AND A VIP ROOM WITH 5 ADDITIONAL BOOTH TABLES AND 5 MORE FLAT SCREEN TVS!*THE RESTAURANT OCCUPIES 2 SPACES OF THE 5 UNITS*THERE IS ALSO AN ANCHOR TENANT THAT'S BEEN IN BUSINESS FOR 13YRS WITH A NEW 5 YEAR LEASE SIGNED WITHIN THE STRIP*THE NAIL SHOP IS AN UPGRADED UNIT AND HAS ITS OWN KITCHENETTE AND RESTROOM*THE STRIP HAS A VACANT RENTABLE OPEN EVENT SPACE TO GENERATE INCOME WITH KITCHEN AREA AND RESTROOMS*STORAGE FOR THE RESTAURANT OCCUPIES THE LAST SPACE*THERE IS PARKING FOR THE BUSINESSES WITHIN THE CENTER OF THIS DEVELOPMENT WHICH CAN FIT 15 CARS*MINOR TLC NEEDED, PROPERTY BEING SOLD AS-IS*THIS INVESTMENT IS A GREAT ADD TO YOUR PORTFOLIO!*SCHEDULE FOR YOUR PRIVATE TOUR*
12184977
MLSⓇ ID
October 10, 2024
Listed
November 22, 2024
Updated
Map
5045-5059 W Madison Street
Chicago IL, 60644
Interior Features
Total Stories
1
Floor Description
Concrete, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Exhaust Fan
Heating
No
Exterior/Building Features
Lot Size
0.31 Acres
Other Property Details
Area Name
CHI - Austin
Taxes
$22,826
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Cook
Municipality
West Chicago
Pool
No
Zoning
COMMR
Courtesy of Keller Williams Preferred Rlty, Nikia Evans,
Listing Contact: 708-798-1111
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Data last updated 7:20 AM UTC, 11/22/2024