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Transit-Accessible Commercial Land

3159 W Madison Street, Chicago, IL 60612

For Sale
$250,000

Land, Chicago, IL

Property SizeContact for details
Lot Size0.22 Acres
Days on Market694

Property Features for 3159 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 Street Coordinates for 3159 W Madison Street Kedzie (3200 West) - Albany (3100 West) From Eisenhower Expressway: Westbound: Exit California Ave (2800 west) or Homan Ave (3400 west) and right turn to head north to Madison Street. Eastbound: Exit Independence Blvd (3800 west) or Sacramento Ave (3000 west) and turn left to head north to Madison Street.
Subdivision CHI - East Garfield Park
Standard status Active
APN 16131000020000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2023
Listing Agency: Arleatha Kelly
Listed By: Arleatha Kelly · License #471017269
Added: Dec 13, 2024 Changed: Aug 19 Last Checked: Nov 6 at 3:06PM
MLS# 12254820

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.

Rey
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Investment Insights

Based on property information with market context.

This 0.22-acre commercial land parcel is zoned COMMR and positioned on Madison Street in Chicago. The site offers a compact development footprint within an established urban setting.

Transportation access includes Interstate 290, CTA ‘L’ train stops at Kedzie and Homan, and CTA bus service along Madison Street and Kedzie Avenue. The property is located in Cook County, within the 60612 postal area.

Key Highlights

  • 0.22‑acre commercial land parcel
  • COMMR zoning designation
  • Access to Interstate 290 (Eisenhower Expressway)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Dental Office Skin Care Clinic HVAC Service Law Firm (Bike/Boat/Book/etc) Store Accounting Firm

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

1,073
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chicago

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - COMMR-zoned parcel with access to CTA rail and bus service.
Where is this commercial land located?
The property is located at 3159 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 0.22‑acre commercial land parcel; COMMR zoning designation; Access to Interstate 290 (Eisenhower Expressway)
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