5351 West Madison Street, Chicago, IL

$324,900

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About 5351 West Madison Street

WOW! Long time (30+ year) owner offers this large 5400 square foot, well maintained, well managed and fully occupied all brick Mixed Use property that generates a solid $3,346/month ($40,152/year) positive cash flow (using accurate numbers including all operating expenses, taxes, etc.)! Long time tenants are three commercial spaces (barber school, a take-out restaurant, office) and four apartments consisting of a 2-bedroom unit and three studios. The commercial tenants pay their own electric. Fully fenced lot with plenty of parking. Plenty of road and foot traffic on Madison Street.

Features of 5351 West Madison Street

MLS® # 12395609
Price $324,900
Bathrooms 0.00
Acres 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 5351 West Madison Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 123
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX All Pro
Contact Info630-980-4000

Listing Map

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