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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than LaToya Moore are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 7:20 AM UTC, 11/22/2024

 

 

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