Map of Property

5100 W Madison St

For Sale

5100 W Madison St, Chicago, IL 60644

This Chicago property for sale is located at 5100 W Madison St. The current listed sale price for 5100 W Madison St is $1,400,000.

Contacts

Aaron Sklar

Kiser Group

Property Details

  • Property Type Multi-Family
  • Property Size 23,552 SF
  • Units 19
  • Year Built 1927
  • Date Updated Jun 11, 2026
AustinKiser Group is pleased to exclusively present for purchase 5100 W. Madison St, a nineteen (19) unit mixed-use property in Chicago's Austin neighborhood. The property sits along Madison, which features an abundance of retail and public transit options. The building is also just blocks from Interstate 290, as well as, the Laramie Green Line CTA Station for an easy commute downtown. 5100 W. Madison is a mixed-use building, made up of eighteen (18) atypically large apartments and one (1) retail unit. The building is comprised of: five (5) 2BD/1BA, seven (7) 3BD/1BA, six (6) 3BD/2BA & one (1) retail tenant. All units are incredibly spacious. Under current ownership, the building has been fully renovated cosmetically and mechanically. Improvements include but are not limited to: electric baseboard heating, copper plumbing, updated electric service, newer windows, and a newer 100G water heater. From day one, a new investor will realize an in-place cap rate of 10% and cash returns exceeding 17%. By raising rents to a rate already being achieved in the building, a new investor can realize a cap rate over 11% and cash returns approaching 25%.
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Highlights

  • Copper Plumbing Throughout
  • Desirable Unit Mix: Five (5) 2BD/1BA, Seven (7) 3BD/1BA, Six (6) 3BD/2BA & One (1) retail
  • New 100 Gallon Water Heater (2023)
  • Newer Porches
  • Renovated Units with Updated Kitchens and Bathrooms

Getting around

  • 80/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Austin
  • Zip Code 60644
  • Market Chicago

Points of Interest

  • Cicero

    0.71 miles

  • 54th/Cermak

    2.02 miles

  • Kostner

    2.13 miles

  • Kedzie

    2.41 miles

  • Central Park

    2.69 miles

  • Berwyn

    3.89 miles

  • California

    4.05 miles

  • Logan Square

    4.08 miles

  • Uber Tent

    4.19 miles

  • Harlem Avenue

    4.21 miles

  • Gulf

    0.05 miles

  • BP

    0.33 miles

  • Mobil

    0.38 miles

  • Falcon

    0.49 miles

  • Exxon

    0.76 miles

  • Citgo

    1.00 miles

  • Soofa Solar Phone Charger

    2.26 miles

  • EVgo

    4.52 miles

  • ChargePoint

    4.74 miles

  • Tesla Destination Charger

    4.74 miles

  • West Suburban Hospital Parking Garage

    1.42 miles

  • Lot 46 G

    1.55 miles

  • Lot 57

    1.58 miles

  • Jewel Osco Lot

    1.77 miles

  • 54th/Cermak Park & Ride

    2.08 miles

  • Avenue Parking Garage

    2.16 miles

  • Hatch School Parking Lot

    2.30 miles

  • Lot 84

    2.41 miles

  • Holly Court Parking Garage

    2.71 miles

  • Concordia University Parking Garage

    3.11 miles

  • Shamrock Motel

    1.15 miles

  • Karavan Motel

    1.63 miles

  • Cindy Lyn Motel

    2.71 miles

  • Fullerton Hotel

    3.32 miles

  • Hyatt Place Chicago - Medical / University District

    4.13 miles

  • Hyatt House Chicago - Medical / University District

    4.19 miles

  • Hotel Chicago West Loop

    4.39 miles

  • IHSP Chicago Hostel

    4.40 miles

  • Urban Holiday Lofts

    4.43 miles

  • Holiday Jones

    4.49 miles

  • Leamington Foods

    0.57 miles

  • ALDI

    1.13 miles

  • Save-A-Lot

    1.44 miles

  • Pete's Market

    1.60 miles

  • Jewel-Osco

    1.72 miles

  • Forman Mills

    1.85 miles

  • Ross

    1.90 miles

  • Food 4 Less

    1.93 miles

  • Supermercado La Chiquita

    2.04 miles

  • Burlington

    2.22 miles

Contact Listing Broker
Aaron Sklar

Kiser Group

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