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THIS is the NEXT BIG THING in CHICAGO REAL ESTATE! | 5419 W Madison St

$399,000

5419-5421 W Madison St, Chicago, IL 60644

Active
Last Updated: 04/04/2025

26.32

Cap Rate

105,000

NOI

Details:
Cap Rate:    26.32%
NOI:    $105,000
Building Size:    3,000 sqft
Lot Area:    0.1492 acres
Units:    2
Year Built:    1907
Floors:    1
Parking Spots:    6
Highlights:
  • 3,000 SF building
  • Two units
  • Built in 1907
  • Renovated in 2002
  • Zoned B3-2
  • Prime Chicago location
  • Fully-functioning kitchen
Description:

Welcome to an exciting investment opportunity in the heart of Chicago. This 3,000 SF property, consisting of two units, embodies timeless charm while offering modern versatility. Built in 1907 and thoughtfully renovated in 2002 and 2024, it's a perfect canvas for retail or restaurant expansion. With a favorable B3-2 zoning, this property is suited for a range of business ventures. Comes equipped with Its prime location in the thriving Chicago area ensures visibility and growth potential. Embrace the chance to create a remarkable retail or dining destination within this historic yet adaptable space.

Welcome to the vibrant Austin surrounding this prime location! Just minutes from iconic Garfield Park and its lush green spaces, this area is a hotspot for retail and restaurant ventures. With strong foot traffic, nearby attractions like the Garfield Park Conservatory and the United Center draw crowds year-round. Investors will appreciate the diverse mix of local businesses and the dynamic community spirit. The property is perfectly positioned to capitalize on the area's bustling energy and immense growth potential. Explore the endless opportunities to become part of this thriving neighborhood!


120

Natural Gas

Map:
Documents:
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