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Vacant Development Lot
For Sale
$125,000

3153 West Madison Street, Chicago, IL 60612

Vacant lot at 3153 W Madison St with nearby CTA and Interstate 290 access for flexible residential development.

Property SizeContact for details
Days on Market673

Property Features for 3153 West Madison Street

General Information

Standard status Active
Property subtype Land
Zoning COMMR

Additional Details

Highway Access Yes
Listing Agency: Arleatha Kelly
Listed By: Arleatha Kelly · License #471017269
Source: Compass
Added: Oct 7, 2024 Changed: Aug 8 Last Checked: Mar 25 at 5:26PM

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 Arleatha Kelly

Investment Insights

Based on property information with market context.

This vacant development lot at 3153 West Madison Street in Chicago offers an open canvas for a new residential build or other development concept. The property is positioned for buyers seeking a straightforward, build-ready site in an area described as undergoing neighborhood improvements.

The location is presented as close to public transportation, with CTA EL train stops noted near Kedzie/Homan and CTA bus service noted along Madison Street and Kedzie Avenue. Interstate 290 (Eisenhower Expressway) is also identified as nearby, supporting convenient regional access.

The listing also references nearby destinations including The Hatchery and The Golden Dome, as well as Chicago Stadium, described as within about 5–10 minutes.

Key Highlights

  • Vacant lot at 3153 W Madison St in Chicago’s East Garfield Park area
  • Near Madison Street and Kedzie Avenue
  • CTA EL train stops nearby at Kedzie/Homan

Property Analytics

Current Use

Madison Terrace Apartments Apartment Building

Suggested Use

Top Pick Dental Office Skin Care Clinic HVAC Service Law Firm Accounting 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,073
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant lot at 3153 W Madison St with nearby CTA and Interstate 290 access for flexible residential development.
Where is this residential land & home lot located?
The property is located at 3153 West Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Vacant lot at 3153 W Madison St in Chicago’s East Garfield Park area; Near Madison Street and Kedzie Avenue; CTA EL train stops nearby at Kedzie/Homan
More about this property
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