5045-5059 W Madison ST Active

Chicago,IL 60644

$ 850000

- Bed

0 Bath

6865 SqFt


Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 6,865 sqft

Price per Sqft $123

MLS Listing ID 12184977

Year Built 2006

Annual Tax Amount $22,826

Tax Year 2023

Lot Dimensions 119 X 128

Property Description

*PRIME OPPORTUNITY!*DON'T MISS YOUR RARE CHANCE TO PLACE YOUR VISION AT THIS 5 UNIT STRIP CENTER MINUTES FROM OAK PARK, IL!*VISIONARIES, RESTAURANT OWNERS AND INVESTORS-THIS LOCATION IS A MUST SEE!*NEWER CONSTRUCTION BUILDING BUILT IN 2006 OFFERS MULTIPLE USES TO GENERATE GREAT INCOME!*THE RESTAURANT, WHICH WILL BE DELIEVERED VACANT, OFFERS AN UPSCALE URBAN EXPERIENCE!*FULLY APPLIANCED KITCHEN ALLOWS IMMEDIATE OPERATION TO YOUR BUSINESS WHICH INCLUDES A DINING HALL WHERE GUEST CAN ENJOY YOUR MENU!*UPGRADED FEATURES IN THE RESTAURANT INCLUDE OUTDOOR PATIO, 3 MINI FRIDGES, ICE MACHINE, OFFICE SPACE, CAMERA SYSTEM, 3 FRYERS, HEATED PREP TABLE, 2 OVENS, A GRILL, 2 COOKING OIL DRAIN SYSTEMS, 4 SINKS, 10 BOOTH TABLES IN THE MAIN DINING AREA, 4 LARGE FLAT SCREEN TVS, HIS AND HERS RESTROOMS AND A VIP ROOM WITH 5 ADDITIONAL BOOTH TABLES AND 5 MORE FLAT SCREEN TVS!*THE RESTAURANT OCCUPIES 2 SPACES OF THE 5 UNITS*THERE IS ALSO AN ANCHOR TENANT THAT'S BEEN IN BUSINESS FOR 13YRS WITH A NEW 5 YEAR LEASE SIGNED WITHIN THE STRIP*THE NAIL SHOP IS AN UPGRADED UNIT AND HAS ITS OWN KITCHENETTE AND RESTROOM*THE STRIP HAS A VACANT RENTABLE OPEN EVENT SPACE TO GENERATE INCOME WITH KITCHEN AREA AND RESTROOMS*STORAGE FOR THE RESTAURANT OCCUPIES THE LAST SPACE*THERE IS PARKING FOR THE BUSINESSES WITHIN THE CENTER OF THIS DEVELOPMENT WHICH CAN FIT 15 CARS*MINOR TLC NEEDED, PROPERTY BEING SOLD AS-IS*THIS INVESTMENT IS A GREAT ADD TO YOUR PORTFOLIO!*SCHEDULE FOR YOUR PRIVATE TOUR*

Location

State IL

County Cook

Area Chi - Austin

Zoning COMMR

Interior

Cooling Central Air,Exhaust Fan

Flooring Concrete,Tile

Fireplace N

Exterior

Utilities Available Water-Municipal

Building

Dwelling Type Retail/Stores

Level or Stories 1

Structure Type Brick,Concrete

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