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$300,000
5,400
square ft

5351 W Madison Street
Chicago, Illinois 60644

Closed / MLS #12395609 / Commercial / Mixed Use / Austin
Listing information updated 10/27/2025 at 6:03am
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.
Built:
1900
Cooling System:
Central Air,Window Unit(s)
Stories:
2
# of Offices:
1
Building Square Feet:
5,400
Current Net Income:
$40,152
Tax Amount:
$5,485
Tax Year:
2023
Zip Code:
60644
City:
Chicago
County:
Cook

Listing Office: RE/MAX All Pro

Listing Office Phone: 630.980.4000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/27/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Austin, IL

Austin is one of Chicago’s largest communities, stretching from Garfield Park on the east to Oak Park on the west. The west side community is made up of beautiful parks, historic architecture and four distinct neighborhoods: Galewood, The Island, North Austin and South Austin. South Austin is the...

CTA

CTA
Blue line at Cicero
CTA
Green line at Laramie
$313,157
Average Sale Price
68
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5351 W Madison Street, Chicago, IL 60644
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5351 W Madison Street, Chicago, IL 60644 is a commercial / mixed use which sold for $300,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since June 17th, 2025 and was built in 1900. The nearest transit stops include Cicero CTA Blue line.

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