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4231 W Madison St
Chicago, IL 60624
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Solid building located in an Opportunity Zone and TIF District
  • LOW Taxes: $4,100 in 2021
  • New developments on both sides of the property (1 approved, 1 completed)
  • Zoning allows for the addition of apartments on the 2nd and 3rd Floors

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,500 SF
Building Class
C
Year Built
1909
Tenancy
Single
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
1.68
Lot Size
0.14 AC
Zoning
B3-2 - B3, Community Shopping District accommodates a broad range of retail & service uses, with residential dwelling units above the ground floor permitted
Frontage
63’ on W Madison St

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-15-201-008-0000
Land Assessment
$8,773
Improvements Assessment
$32,228
Total Assessment
$41,001
  • Listing ID: 26576936

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 4231 W Madison St, Chicago, IL 60624

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