$650,000
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:
$650,000
MLS #:
MRD12409857
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiwestgarfieldpark
Listed Date:
Jul 3, 2025
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
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Current real estate data for Commercial in Chicago as of Oct 27, 2025
1,120
Commercial Listed
165
Avg DOM
156
Avg $ / SqFt
$1,049,116
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 $650,000 To schedule a showing of MLS#mrd12409857 at 4231 W Madison Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
4231 W Madison Street
Chicago, IL
