4231 W Madison Street, Chicago, IL

$499,900

Overview

  • 1321242
  • Property ID
  • Updated On:
  • June 5, 2026

Description

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!

Climate Control
Air Conditioning
Other Features
Brick
Central Air
Concrete Perimeter
Power - 240V
Service - 201 to 600 Amps
Three Phase

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$2,563.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,938.21

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Information for the property at 4231 W Madison Street, Chicago, IL, 60624 (Property ID: 1321242) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi