Former Self Storage/Retail Building Near Oak Park

5951 West Madison Street Chicago, IL 60644

 5951 West Madison Street, Chicago, IL, 60644
Exterior Front
 5951 West Madison Street, Chicago, IL, 60644
FOR SALE Auction Property
Property Type:
Self Storage
Last Verified:
May 23, 2019

Minimum Bid: $399,000

Buyer's Premium: 6%

Cooperating Broker's Commission: 2%

Lot Size: Approx. .31 Acres

Building Size: Approx. 54,000 SF

2017 Taxes: $12,795

PIN #: 16-17-200-002-0000

Zoning: B3-2

This approximately 54,000 sf commercial building is located on the corner of Madison Street and Austin Avenue near Oak Park. The 6-floor building has a first floor retail space and 5 additional floors above that were previously a moving/storage facility. There are loading docks and a freight elevator accessible via the rear alley. Each of the 5 storage floors have multiple individual storage units on each floor. Each floor is approximately 9,000 sf.

This property is priced to sell with a minimum bid/published reserve of $399,000 or $7.39/ sf. Pre-auction bids are highly encouraged!

Contact David Makowski at 312-927-2757 or for more details or to schedule a tour.

• Online Auction Bidding Starts at 11 AM CST Monday, July 15, 2019 and ends Wednesday, July 17, 2019, 11 AM CST
• Minimum Bid/Published Reserve Price: $ 399,000
• Buyer’s Premium: 6%
• Cooperating Broker’s Commission: 2%
• Pre-Auction Bids Highly Encouraged!

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Map of 5951 West Madison Street, Chicago, IL, 60644

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