4-Unit Mixed-Use
For Sale
Contact for pricing
1041 W Madison St, Chicago, IL 60607
Four-unit mixed-use property with three residential units and a ground-floor storefront, plus garage and exterior parking.
Property SizeContact for details
Days on Market121
Property Features for 1041 W Madison St
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Mixed Use
Additional Details
Multifamily Units
3
Amenities
hardwood floors
stainless steel appliances
quartz countertops
dishwasher
built-in microwave
in-unit laundry
front balcony
rear balcony
rooftop deck
Building Details
Tenancy
Multi
Listing Agency:
Essex Realty Group
Listed By:
Matt Feo · License #IL 475177568
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 3:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essex Realty Group
Investment Insights
Based on property information with market context.
This 4-unit mixed-use building includes three residential apartments and one ground-level commercial storefront. The apartment layout features hardwood floors, stainless steel appliances, quartz countertops, a dishwasher, built-in microwave, and in-unit laundry. Each residence offers front and rear balconies, and the top residential unit also provides access to a rooftop deck.
The property is located on the south side of Madison Street in Chicago’s West Loop area. It is described as being steps from restaurants and retail along Madison and Randolph, with access to multiple bus routes and service from the Morgan CTA Green and Pink Line Station located less than a half mile away.
The building includes a two-car garage and three additional exterior parking spaces, supporting convenient on-site parking for residents and the storefront.
The property is located on the south side of Madison Street in Chicago’s West Loop area. It is described as being steps from restaurants and retail along Madison and Randolph, with access to multiple bus routes and service from the Morgan CTA Green and Pink Line Station located less than a half mile away.
The building includes a two-car garage and three additional exterior parking spaces, supporting convenient on-site parking for residents and the storefront.
Key Highlights
- Four‑unit mixed‑use building with three residential units plus a ground‑level storefront on W. Madison St.
- Residential unit mix: three (3) 3 bed/2 bath units with hardwood floors and stainless steel appliances.
- In‑unit features include quartz countertops, dishwasher, built‑in microwave, in‑unit laundry, and front and rear balconies.
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
8,399
Businesses Nearby
Explore this area
Business Placement
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit mixed-use property with three residential units and a ground-floor storefront, plus garage and exterior parking.
Where is this quadplex located?
The property is located at 1041 W Madison St Chicago, IL.
What are key features of this property?
This property features: Four‑unit mixed‑use building with three residential units plus a ground‑level storefront on W. Madison St.; Residential unit mix: three (3) 3 bed/2 bath units with hardwood floors and stainless steel appliances.; In‑unit features include quartz countertops, dishwasher, built‑in microwave, in‑unit laundry, and front and rear balconies.
