$16,500,000
2139 W Madison Street
Chicago, IL, 60612
This exceptional multi-use property, located in the rapidly growing United Center/Near West Side neighborhood, offers 48 residential units and 2 commercial spaces. Professionally managed and thoughtfully designed, the property is 100% occupied and generating a Gross Monthly Income of $125,861. Completed in 2023, the building features a mix of one, two, and three-bedroom apartments, each designed to a high standard. Residents enjoy the convenience of an elevator, attached garage parking, and access to a shared rooftop deck with stunning views. With the United Center and the Medical District just blocks away, this location is at the heart of a vibrant, high-traffic area, with a wave of new investments flooding the neighborhood. Nearby, you’ll find grocery stores, bars, restaurants, hotels, and a variety of entertainment options, making this an ideal spot for both residents and businesses. The Near West Side is poised for even greater growth, offering tremendous upside potential.
Property Details
Price:
$16,500,000
MLS #:
MRD12107415
Status:
Active
Beds:
0
Baths:
0
Address:
2139 W Madison Street
Type:
Commercial
Neighborhood:
CHI – Near West Side
City:
Chicago
Listed Date:
May 29, 2025
State:
IL
ZIP:
60612
Year Built:
2023
Schools
Interior
Cooling
Central Air
Exterior
Financial
Maintenance Fee
$50,242
Tax Year
2023
Taxes
$259,879
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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