Courtesy of Brookline Real Estate LLC

5225 W Madison Street

Chicago, IL, 60644

$3,300,000

$145 per ft²
$3,300,000
$145 per ft²
Active
Active
 - For Sale
carpenters-square
22,634 ft²
property_type
Commercial
calendar
Built 2005
We are proud to present 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 22,634 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 Medicine 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.
MLS® ID:
11661066
Listed:
10/25/22
Updated:
3/29/23
Compass
Casselyn Tertell Team
Mobile: (630) 988-8859Email: info@casselyngroup.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Individual

Exterior/Building Features

Lot Size
0.9 acres lot

Other Property Details

Area Name
CHI - Austin
Taxes
$97044
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Cook
Pool
No
Total Stories
2
Zoning
COMMR
Buyer Agency Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT.

Courtesy of Brookline Real Estate LLC, Dominick Cannata,
Listing Contact:  

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Based on information submitted to the  MLS GRID for MRED 3/29/23. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2023 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 1:01 PM UTC, 3/29/23

 

 

Compass
Casselyn Tertell Team
Mobile: (630) 988-8859Email: info@casselyngroup.com
Contact