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

5419-5421 W Madison St Chicago, IL 60644

5419-5421 W Madison St, Chicago, IL, 60644
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FOR SALE
Property Type:
Restaurant
Amount:
$399,000
Last Verified:
Mar 31, 2025

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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!


Year Built: 1907
Building Size: 3000sq ft
Lot Size: 0.15 acres


Documents

CBC - Brochure (P)

Map of 5419-5421 W Madison St, Chicago, IL, 60644

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.