4718 W Madison Street Chicago, IL 60644

Listing agency Keller Williams Success Realty p***@kw.com Show Phone

Listed by Michael Tanzillo · License #475170089 Show Phone

Added: Nov 25, 2025 Updated: May 20 at 3:36PM Checked: Jul 23 at 9:06AM

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MLS# 12523940

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Investment Insights

Based on property information with market context.

This vacant lot presents a development opportunity on Chicago's West Side, offering 4987 square feet of land with visibility along Madison Street. The property is zoned B3-2, which allows for mixed-use, commercial, or multi-unit residential development; however, the buyer is responsible for verifying zoning regulations. The surrounding area is undergoing revitalization and features new businesses, parks, public transit options, and neighborhood amenities. This location may be suitable for investors, builders, or owners seeking to establish long-term value in an emerging corridor.

Key Highlights

• Prime development opportunity in Chicago's West Side.
• 4987 sq ft vacant lot with excellent visibility on Madison Street.
• Zoned B3‑2, allowing mixed‑use, commercial, or multi‑unit residential development.

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FAQs

What type of property is this?

Commercial land - Vacant lot in growing area with strong future upside.

Where is this commercial land located?

The property is located at 4718 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: Prime development opportunity in Chicago's West Side.; 4987 sq ft vacant lot with excellent visibility on Madison Street.; Zoned B3‑2, allowing mixed‑use, commercial, or multi‑unit residential development.