$500,000
4805 W Madison Street
Chicago, IL, 60644
GREAT INVESTMENT OPPORTUNITY! This spacious mixed-use building offers incredible potential with multiple income streams. Featuring three commercial spaces – perfect for any business – including a fully equipped, operational BBQ restaurant (all fixtures included), salon suites, and a banquet hall. Above, you’ll find two 2BR/2BTH apartments that need some work – a fantastic value-add opportunity. The property also includes a 10-car parking lot and sits on a high-traffic, high-visibility street in the vibrant Austin community. Ideal for investors, business owners, and those seeking prime real estate with strong income potential. Don’t miss this exceptional opportunity!
Property Details
Price:
$500,000
MLS #:
MRD12309715
Status:
Active
Beds:
0
Baths:
0
Address:
4805 W Madison Street
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
CHI – Austin
City:
Chicago
Listed Date:
Mar 21, 2025
State:
IL
Finished Sq Ft:
7,992
Total Sq Ft:
7,992
ZIP:
60644
Year Built:
1908
Schools
Interior
Cooling
None
Exterior
Construction Materials
Brick, Masonite
Financial
Tax Year
2023
Taxes
$4,431
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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