Property for Sale: 5045-5059 W Madison, Chicago, IL 60644

$850,000
$850,000
5045-5059 W Madison, Chicago, IL 60644
$850,000
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Price:
$850,000

Type Commercial
Year Built 2006

City Chicago
County Cook

MLS 12184977
Status Active
*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*

Lot & Building Features

Construction Brick, Concrete
Cooling Central Air, Exhaust Fan
Tax Year 2023
Lot Dimensions 119 X 128 ft

Price History of 5045-5059 Madison, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $850,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of The Fitzpatrick Team
Listed by Keller Williams Preferred Rlty, Nikia Evans
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20%
1%
6.75%
$
$
$
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Principal & Interest
Monthly Taxes
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5045-5059 Madison (MLS #12184977) is a commercial listing located in Chicago, IL. This property was listed on 10/10/2024 and has been priced for sale at $850,000.

Nearby zip codes are 60304, 60624, 60651, 60657 and 60804. This property neighbors other cities such as Cicero and Oak Park.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Keller Williams Preferred Rlty