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Mixed-Use Building in Pulaski Corridor
For Sale
$350,000

4041 W Madison St, Chicago, IL 60624

15,600 SF mixed-use building in retail corridor for sale.

Property Size15,600 SF
Price / SF$22.44
Days on Market225

Property Features for 4041 W Madison St

General Information

Standard status Active
Size 15,600 SF

Building Details

Year Built 1904
Listing Agency: Altura Realty Inc.
Listed By: Brian Ploszay · License #471018700
Source: Grandviewrealtyservices
Added: Jan 26 Changed: Sep 8 Last Checked: Aug 25 at 4:46AM

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 Altura Realty Inc.

Investment Insights

Based on property information with market context.

Located in the Pulaski and Madison retail corridor, a 15,600 square foot mixed-use building is available for sale. The first floor is built out with retail space, and both spaces are currently rented. The upper floors are vacant and feature an open layout, presenting an opportunity for development into office, creative, or apartment space. The surrounding businesses include a mix of local and national retail users. This property is suitable for a user or investor seeking to add value.

Key Highlights

  • 15,600 sq ft mixed‑use building in Pulaski and Madison retail corridor.
  • First floor retail spaces are currently rented, providing immediate income.
  • Upper floors are vacant with an open layout, ready for development.

Property Analytics

Current Use

Beauty vault Atl ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Building Supply

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

1,027
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 15,600 SF mixed-use building in retail corridor for sale.
Where is this mixed-use property located?
The property is located at 4041 W Madison St Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 15,600 sq ft mixed‑use building in Pulaski and Madison retail corridor.; First floor retail spaces are currently rented, providing immediate income.; Upper floors are vacant with an open layout, ready for development.
More about this property
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