Chicago, IL 60644 5225 W Madison Street

5225 W Madison Street Chicago, IL - Image 15225 W Madison Street Chicago, IL - Image 25225 W Madison Street Chicago, IL - Image 3
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5225 W Madison Street Chicago, IL - Image 4
Presented By: Brookline Real Estate LLC
  • MLS# 11661066
  • 10/26/2022
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 22,634

Home Details

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.
Presented By: Brookline Real Estate LLC

Interior Features for 5225 W Madison Street

Other Interior Features

Street SuffixStreet

General for 5225 W Madison Street

Additional Parcels Y/NNo
CityChicago
CoolingCentral Individual
CountyCook
Days on Market662
DirectionsMadison Street East or West to property
ElectricSeparate Meters
Leasable Area
Lease TypeNet
Lot Size Square Feet39204
MLS AreaCHI - Austin
Net Operating Income305387
Property SubTypeStrip Center
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount97044
Tax Year2021
Tenant PaysVaries by Tenant
Year Built2005
ZoningCOMMR

Exterior for 5225 W Madison Street

Building Area Total22634
Lot Dimensions150X50

Additional Details

Price History

Worth Clark

Price $3,300,000
MLS#11661066
List Date 10/26/2022
Property Type Commercial
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