Properties

Features
: Central Individual
Address Map
US
IL
Cook
Chicago
60644
Madison
5225
Street
W88° 22' 32.1''
N41° 52' 32''
Madison Street East or West to property
CHI - Austin
CHI - Austin
W
W
COMMR
Additional Information
22634
Separate Meters
Separate Meters
150X50
2
Brookline Real Estate LLC
Dominick Cannata
Financial
97044
Listing Information
231694
24880
MRED
Listing Information
Active
2024-08-17T08:18:49Z
2022-11-01T05:05:57Z
Property Description

Presenting a rare opportunity to acquire a multi-tenant retail investment property positioned in a strong transit oriented location in the city of Chicago. 5225 W Madison Street contains 20,034 square feet across two buildings and is situated on approximately 0.90 acres. Near the lighted intersection of Madison Street and Laramie Avenue just north of I-290, the center benefits greatly from its position across from Walgreens among several other retailers on one of the city’s main thoroughfares. The center is fully occupied by many internet-resistant tenants on long-term leases. Recently anchoring the center, University of Illinois Chicago Outreach Center has just signed a long-term lease at the two-story endcap east building. Differentiated businesses and contrasting rush hours allow for an ideal synergy and mutual benefit across the property. The brick construction building has been beautifully maintained and offers its visitors 54 parking spots in a secure and well-kept rear lot. Madison Street provides street parking and bike lanes as well. This asset is being offered at a 9.25% CAP with tremendous cash flow and continued growth.

Commercial Sale For Sale

, Chicago, Cook County, Illinois 60644, USA

$3,300,000
Listing ID#11661066
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Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 11661066
Price : $3,300,000
Year Built : 2005
Listing Status : Active
Property Sub Type : Strip Center
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