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 FOR LEASE
Property Type:
Restaurant
Amount:
$409,500
Last Verified:
Jun 22, 2025

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Highlights


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.

Discover an exceptional leasing opportunity at 5419-5421 W Madison St, Chicago. This prime location has the space(s) conveniently located steps from popular eateries like TnT Rooftop and MacArthurs. New tenant gets maximum exposure with over 25,000 vehicles passing daily. Unlock the benefit from two versatile spaces, perfect for a quick-service restaurant, banquet hall, fine dining or customizable business concepts. Enjoy the convenience of dedicated rear parking (12 spaces available), with ample additional street parking available. The property's solid brick masonry construction provides durability and a strong foundation for various business ventures. Take advantage of the included restaurant equipment (full black iron kitchen) and competitive pricing for immediate lease or sale. Don't miss this turnkey opportunity to bring your business vision to life in this dynamic

Welcome to the vibrant to thie vibrant Austin area black-iron restaurant ready to call it's new owner / lessee home! 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 (especially being just steps away from well-known eateries like TnT and MacArthur's!. 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 - Offering Memorandum (L)
CBC - Brochure (P)

Units for Lease

5419 W Madison St
Space Available: 2100 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00
5421 W Madison St
Space Available: 900 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00

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

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.