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    4323 W Madison St Chicago, IL 60624

    For Sale
    $375,000

    Mixed Use - Chicago, IL

    Type:Mixed Use
    Property size:
    4,277 SF
    Days on Market:
    23
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 4323 W Madison St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    COMMR
    APN
    16152000110000
    Size
    4,277 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Number of units
    2
    Roof type
    Rubber
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Jamie Lemmons-Svoboda (708) 798-1111 License #475162394

    Listing date Nov 19, 2025

    MLS# 12446737 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Mixed-Use Chicago Property

    This two-story mixed-use property is located in Chicago, IL. The main level features approximately 3,125 square feet of retail space. The second story contains a three-bedroom apartment. The property is situated on a double city lot. The building offers potential for rental income or owner occupancy. The property requires updates and presents an opportunity for investors or entrepreneurs to renovate and create value. The property contains 4,277 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7340089
    Latitude
    41.8803471

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story commercial property with retail space and apartment.
    Where is this mixed-use property located?
    The property is located at 4323 W Madison St Chicago, IL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime location with endless potential.; - Versatile 3,125 sq. ft. retail space on the main level.; - Spacious three-bedroom apartment upstairs for rental income or owner's quarters.
    (708) 798-1111
    Request Owner's contact information
    4323 W Madison St Chicago, IL 60624
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    Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4323 W Madison St Chicago, IL 60624
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