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Chicago, ILRetail
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Chicago, ILRetail
5951 West Madison Street, Chicago, IL, 60644
Sold
This asset has sold. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
3 photographs — scroll the strip or choose a frame below.
Historical sale record. Property details reflect the original listing.
Lot Size: Approx. .31 Acres
Building Size: Approx. 54,000 SF
2017 Taxes: $12,795
PIN #: 16-17-200-002-0000
Zoning: B3-2
This approximately 54,000 sf commercial building is located on the corner of Madison Street and Austin Avenue near Oak Park. The 6-floor building has a first floor retail space and 5 additional floors above that were previously a moving/storage facility. There are loading docks and a freight elevator accessible via the rear alley. Each of the 5 storage floors have multiple individual storage units on each floor. Each floor is approximately 9,000 sf.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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