5419 W Madison Street Chicago, IL 60644
New
- Added:
- Apr 19, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 20 at 9:06 pm
Property Features for 5419 W Madison Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- COMMR
- Standard status
- Active
- APN
- 16161010060000
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 14250
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1909
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Brick
Listing agent DeMarcus Hunter License #475197505
Listing office Compass 1643 N Milwaukee Ave, IL (773) 466-7150
Listing date Apr 19, 2026
MLS# 12582533
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turn-Key Restaurant & Retail Asset
This commercial property is located on West Madison Street in Chicago, IL, within the Austin submarket. The property is a turn-key restaurant and retail asset situated in a high-traffic corridor with over 20,000 vehicles per day. It offers versatility as an owner-user or value-add investment. The property features second-generation restaurant infrastructure, fully outfitted and ready for immediate operation, including an aquarium-style smoker/pit, walk-in cooler, fryers, grills, 5-burner stove, 3-compartment sink, prep tables, and warming/display cases. The dynamic floorplan is currently divided into two suites, formerly a takeout and salon, allowing for dual tenancy or combination into a large dine-in concept. It also includes administrative suites with a dedicated management office and a secure records retention room. A rare feature for urban retail is the dedicated 3,500 square foot private rear surface lot accommodating 10+ vehicles. The property is surrounded by dense residential demographics and established local businesses, with immediate access to I-290 and CTA transit lines. It is zoned COMMR. The lot size is approximately 0.1492 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Similar Places Nearby
- UGONDA 'S TASTY TREATS — 422 N Lawler Ave, Chicago, IL 60644
- Taurus Express & Catering — 5333 W Madison St, Chicago, IL 60644
- m catering llc — 327 N Parkside Ave, Chicago, IL 60644
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7608983
- Latitude
- 41.8800504
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - High-traffic location with restaurant infrastructure and dedicated parking.
Where is this restaurant located?
The property is located at 5419 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Fully equipped, second‑generation restaurant infrastructure ready for immediate operation, including a **coveted aquarium‑style smoker/pit**.; Rare **dedicated 3,500sf private rear parking lot** accommodating 10+ vehicles in an urban retail setting.; High‑traffic location on Madison St. with 20,000+ vehicles per day and strategic proximity to the United Center expansion.
