4323 W Madison Street
Chicago, IL 60624

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Description

Endless potential in this 2-story commercial property on a double city lot! The main level boasts approximately 3,125 sq. ft. of versatile retail space-perfect for your business vision. Upstairs, you'll find a spacious three-bedroom apartment, offering great rental income potential or convenient owner's quarters. While the property does require updates, it's a fantastic opportunity for investors or entrepreneurs to renovate and create value in a prime location.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60624
• Year Built: 1928
• Sq.Ft.: 4,277 sq ft
• Stories: 2
• Units: 2 units
• Zoning: COMMR
• # Of Apts: 1
• # Of Stores: 1
• Approximate Age: Older
• Building Area Total: 4277
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick
• Cooling: Central Air
• Directions: Pulaski Ave. north to Madison street, west to location.
• Electric: Circuit Breakers
• Electric Expense: 480
• Electric Expense Source: Owner Projection
• Expense Year: 2023
• Foundation Details: Concrete Perimeter
• Fuel Expense: 3000
• Geographic Locale: Chicago West
• Heat/Ventilation: Forced Air
• Information: No Sign on Property
• Insurance Expense: 4800
• Insurance Expense Source: Owner Projection
• Lot Size Square Feet: 3050
• Main Type: Commercial Sale
• Operating Expense: 600
• Property Sub Type: Mixed Use
• Roof: Rubber
• Roof Structure: Flat
• Tax Annual Amount: 5772
• Tax Year: 2024
• Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
• Total Annual Expense Source: Owner Projection
• Township: West Chicago
• Trash Expense: 720
• Trash Expense Source: Owner Projection
• Water Expense Source: Owner Projection
• Water Sewer Expense: 1800