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Vacant Commercial Land
For Sale
$30,000

4716 W Madison Street, Chicago, IL 60644

Land, Chicago, IL

Property SizeContact for details
Days on Market286

Property Features for 4716 W Madison Street

General Information

Property type Land
Property subtype Other
Zoning COMMR
Elementary school district 299
Middle school district 299
High school district 299
Directions Cicero Ave to Madison East to Property
Subdivision CHI - Austin
Standard status Active
APN 16103280330000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 516
Listing Agency: Keller Williams Success Realty · Keller Williams Realty
Listed By: Michael Tanzillo · License #475170089
Added: Nov 25, 2025 Changed: Aug 19 Last Checked: Sep 7 at 7:06PM
MLS# 12523877

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This vacant commercial land parcel contains 3125 sq ft and is located at 4716 W Madison Street in Chicago. The site offers a ground-up development setting along Madison Street, with surrounding neighborhood amenities that include parks, public transit, and new businesses.

The property is situated in Chicago’s West Side and may suit builders, investors, or owners evaluating a commercial land project. Its existing condition as a vacant lot provides a clear starting point for future site planning and development review.

Key Highlights

  • 3125 sq ft vacant commercial land parcel
  • Located at 4716 W Madison Street, Chicago, IL 60644
  • Madison Street location on Chicago’s West Side

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

975
Businesses Nearby

Demographics for 60644, IL

47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Madison Street parcel positioned for commercial development in Chicago’s West Side.
Where is this commercial land located?
The property is located at 4716 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: 3125 sq ft vacant commercial land parcel; Located at 4716 W Madison Street, Chicago, IL 60644; Madison Street location on Chicago’s West Side
More about this property
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