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Three-Lot Commercial Land
For Sale
$550,000

2906 W Madison Street, Chicago, IL 60612

Land, Chicago, IL

Property SizeContact for details
Days on Market332

Property Features for 2906 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 CALIFORNIA TO MADISON WEST TO ADDRESS
Subdivision CHI - East Garfield Park
Standard status Active
APN 16123300470000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 338
Listing Agency: Compass
Listed By: Thomas Bezanes · License #471018395
Added: Nov 4, 2025 Changed: Aug 20 Last Checked: Oct 2 at 12:06PM
MLS# 12510603

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 commercial land offering comprises three contiguous lots at 2906 W Madison Street in Chicago. Each lot measures 20X124, creating a combined assemblage along the same street frontage. The parcels carry COMMR zoning and are identified by PINs 16123300470000, 16123300480000, and 16123300490000.

Key Highlights

  • Three contiguous commercial lots
  • Each lot measures 20X124
  • COMMR zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Skin Care Clinic Accounting Firm HVAC Service Law Firm Computer & Electronic Repair

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

1,129
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned COMMR and assembled from three contiguous lots for commercial land use.
Where is this commercial land located?
The property is located at 2906 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three contiguous commercial lots; Each lot measures 20X124; COMMR zoning
More about this property
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