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About This Home

This 0-bedroom, 0-bathroom commercial at 5401 W Madison Street in Chicago, IL is listed for $415,000. Built in 1937, on a 0.16 acres lot.

Agent Description

Unique Investment Opportunity: Iconic ESO Theater Property For Sale Welcome to a truly one-of-a-kind property in the heart of Chicago's vibrant Austin neighborhood, right on the border of the Oak Park community. Currently home to the celebrated ESO Theater, this multi-functional space offers an extraordinary opportunity for entrepreneurs, artists,

investors, and visionaries looking to own a dynamic commercial and residential property with built-in revenue potential. Property Highlights: Over 6,000 sq ft of mixed use commercial space Purpose-built for performing arts, events, music showcases, or creative studios Multiple performance areas with AV hook-ups for audio/visual integration Spacious

kitchen area with multiple freezers - ideal for launching a restaurant, cafe, or catering business Several private offices, dressing rooms, and bathrooms for staff and guests Dedicated employee restroom in the kitchen area Zoned B3-2, offering extensive flexibility for various business types Licensed as a Public Place of Amusement and Performing Arts Venue Residential Income Potential: Two fully equipped apartments on the second level.

One 3bed 1.5bath & one 2bed 1bath. Combined rental income potential of $3,000+ per month Income can cover the mortgage, allowing your business to flourish without financial strain Whether you're a theater operator, restaurateur, creative collective, or investor seeking a cash-flow-positive property with deep community roots, this space delivers.

Open commercial space and residential units, it's a rare blend of function, flexibility, and financial upside. Don't miss your chance to own a cornerstone building with unmatched potential.

Key Features

  • Built in 1937
  • 0.15 acre lot
  • 2 stories

Property Details

2 stories
1937

Amenities

A/C

Monthly Cost Estimate

$2,220/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121

Estimates only. Actual payments may vary.

Location

5401 W Madison Street

Chicago, IL 60644

Property Details

Flooring

Wood

Construction

Brick Concrete

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5401 W Madison Street is listed at $415,000. The estimated monthly payment is $1,798 based on 20% down at 6.5% interest.

Key features include: Built in 1937, 0.15 acre lot, 2 stories.

This property is listed by Kirby Pearson and can be reached at (773) 325-2800 or kirby@pearsonrealtygroup.com.

KP

Kirby Pearson

Agent at Pearson Realty Group

(773) 325-2800

Listed by Pearson Realty Group

MLS# 12662521· Source: listhub· Updated 3 days ago

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5401 W Madison Street, Chicago, IL 60644

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