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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

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$650,000 For Sale

4231 W Madison Street
Chicago, IL 60624

6 units |
10,500 sq ft

Commercial: Mixed Use - MLS# 12409857
Property Photo
1/19

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!

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60624
  • Year Built: 1908
  • Sq.Ft.: 10,500 sq ft
  • Stories: 3
  • Units: 6 units
  • # Of Apts: 4
  • # Of Offices: 1
  • # Of Stores: 1
  • Approximate Age: Older
  • Building Area Total: 10500
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: Take I-290 West, exit at Central Avenue, then head south, turn right (west) onto Madison Street and continue to 4231 W Madison St in Chicago's West Garfield Park
  • Electric: Service - 201 to 600 Amps, Power - 240V, Three Phase
  • Electric Expense: 600
  • Fire Protection: Fire Extinguisher/s
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago West
  • Heat/Ventilation: Gas
  • Information: 24-Hr Notice Required
  • Lot Size Square Feet: 6250
  • Main Type: Commercial Sale
  • Property Sub Type: Mixed Use
  • Roof Structure: Flat
  • Tax Annual Amount: 4958.16
  • Tax Year: 2023
  • Virtual Tour Date: 2025-07-04T11:26:04
  • Water Sewer Expense: 35
Courtesy of Keller Williams Preferred Rlty
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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