Back to Search
Chicago West Side Development Opportunity

4720 W Madison Street Chicago, IL 60644

4720 W Madison Street, Chicago, IL, 60644
$30,000
For Sale
$30,000

LAND - Chicago, IL

Lot Size0.20 Acres
Days on Market240

Property Features for 4720 W Madison Street

General Information

Property type
Land
Property subtype
Other
Zoning
COMMR
Standard status
Active
APN
16103280240000
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
600
Listing agency Keller Williams Success Realty
Listed by Michael Tanzillo · License #475170089
Added: Nov 25, 2025 Updated: May 20 at 3:36PM Checked: Jul 23 at 9:06AM
MLS# 12523970

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 lot presents a development opportunity on Chicago's West Side. The property encompasses 8750 square feet of land and benefits from visibility along Madison Street. It 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 property 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.
  • 8750 sq ft vacant lot with excellent visibility.
  • Zoned B3‑2, allowing for mixed‑use, commercial, or multi‑unit residential development (buyer to verify).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Real Estate Agency Dental Office Skin Care Clinic Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) Store Spa & Massage Center Acupuncture (Bike/Boat/Book/etc) Store

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

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 4720 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.; 8750 sq ft vacant lot with excellent visibility.; Zoned B3‑2, allowing for mixed‑use, commercial, or multi‑unit residential development (buyer to verify).
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message