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5419 Madison Street

Chicago, IL 60644
$420,000
0beds
0baths
sqft
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About this home

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.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1909
Lot size
Annual tax$14,250
CountyCook
MLS #MRD12582533
Days on market3

Features

Cooling
Central Air
Construction
Brick
Listed by
Compass
DeMarcus Hunter

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/21/2026, 8:04:05 AM. All data should be independently verified.

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