4231 West Madison Street
$624,990
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Description
Welcome to this exceptional mixed-use commercial property, boasting a generous 10,500 sqft of versatile space, perfect for a wide range of business opportunities. Strategically located in a high-traffic area, this property promises excellent visibility and accessibility, making it an ideal investment for savvy business owners and investors alike. Main Level Storefront: The main level features a spacious storefront with expansive windows, providing ample natural light and an inviting atmosphere for...Welcome to this exceptional mixed-use commercial property, boasting a generous 10,500 sqft of versatile space, perfect for a wide range of business opportunities. Strategically located in a high-traffic area, this property promises excellent visibility and accessibility, making it an ideal investment for savvy business owners and investors alike. Main Level Storefront: The main level features a spacious storefront with expansive windows, providing ample natural light and an inviting atmosphere for customers. This area is perfectly suited for retail businesses, offering a flexible layout that can be easily customized to meet your specific needs. The high ceilings and open floor plan enhance the overall appeal, creating a welcoming environment for shoppers and clients. Upper Levels 2 & 3 presents a fantastic opportunity for additional income through rental spaces. With separate entrances, this area can be utilized for office spaces, studios, or even residential units, depending on your vision and zoning allowances. The versatility of this space allows for multiple configurations, catering to various tenant requirements and maximizing your return on investment. Prime Location,Large Storefront Windows,lexible Layout,Income Potential, Modern Amenities. This mixed-use property is not just a place of business but a strategic investment. The combination of a prominent storefront and potential rental income from the upper levels makes it a highly attractive option for investors looking to diversify their portfolio. The property's versatility ensures it can adapt to market demands, providing long-term stability and growth. Don't miss out on this unique opportunity to own a prime piece of commercial real estate that promises both immediate returns and future appreciation. Schedule a viewing today to explore the endless possibilities this property has to offer.
- Listed by Jazmine Little • Coldwell Banker Realty
Property Details for 4231 West Madison Street
Area
CHI - West Garfield Park
LISTING UPDATED: 08/17/2024 03:32 AM
Property Details for 4231 West Madison Street
Status | Active |
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MLS # | 12101784 |
Days on Market | 168 |
Taxes | $4,958 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1908 |
Lot Size | 0.14 AC / 6,250 SF |
County | Cook County |
Building Information for 4231 West Madison Street
Stories3Residences1Year Built1908Lot Size0.14 AC / 6,250 SF
Property Information for 4231 West Madison Street
Property History for 4231 West Madison Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4231 West Madison Street
Taxable ValueLand$7,108Additions$15,891Total$22,999
Tax Record2022$4,769 ($397 / month)
Home Facts
Baths5.5Total Finished SqFt10,500 SqFtAbove Grade Finished SqFt10,500 SqFtStories3Lot Size6,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN16-15-201-008
Schools near 4231 West Madison Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 11 |
Rating | School | Distance |
---|---|---|
Hefferan Elementary School PublicPK to 8 | ||
Marshall Metropolitan High School Public9 to 12 | ||
Legal Prep Academy High School Charter9 to 12 | ||
Bridgescape Academy North Lawndal Public9 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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