$550,000
4231 W Madison Street
Chicago, IL, 60624
This expansive 10,500 square foot mixed-use commercial property presents an outstanding opportunity for investors, developers, or business owners seeking strong income potential and low operating costs in a high-traffic area. The main level features a prominent, wide-open storefront with excellent visibility-perfect for retail, showrooms, or hospitality concepts. Its open layout allows for flexible customization to suit a variety of business needs. The upper levels offer incredible potential for office use, creative studios, or even residential conversion-creating multiple income streams under one roof. Whether you’re seeking a value-add investment, a high-performing asset, or a signature location for your business, this property delivers. Schedule a private tour today and explore the potential!
Property Details
Price:
$550,000
MLS #:
MRD12575467
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwestgarfieldpark
Listed Date:
Feb 23, 2026
Total Sq Ft:
10,500
Year Built:
1908
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$4,958
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Mar 02, 2026
919
Commercial Listed
200
Avg DOM
187
Avg $ / SqFt
$1,021,267
Avg List Price
Community
- Address4231 W Madison Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60624
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Property Summary
- 4231 W Madison Street Chicago IL is a Commercial for sale in Chicago, IL, 60624. It is listed for $550,000 To schedule a showing of MLS#mrd12575467 at 4231 W Madison Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
4231 W Madison Street
Chicago, IL
