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Retail Building

4028-32 West Madison, Chicago, IL 60624

For Sale
Contact for pricing

The property combines early-twentieth-century construction with a substantial building footprint.

Property Size81,500 SF
Days on Market26

Property Features for 4028-32 West Madison

General Information

Standard status Active
Size 81,500 SF
Property subtype Retail

Site & Location

Neighborhood West Garfield Park

Building Details

Year Built 1924
Listing Agency: Axis Realty, Inc.
Listed By: Dino Geroulis · License #475122818
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 3:37PM

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 Axis Realty, Inc.

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Investment Insights

Based on property information with market context.

This Chicago retail property was built in 1924 and contains 81,500 square feet. It is offered for sale as an investment asset.

Key Highlights

  • 81,500‑square‑foot retail property
  • Built in 1924
  • Offered for sale as an investment asset

Property Analytics

Current Use

Retail space

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
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Groceries 27% Apparel 26%
Save-A-Lot Groceries
8,435 visits/mo 0.5 miles
Mobil Shops & Services
6,963 visits/mo 0.2 miles
Citgo Shops & Services
4,966 visits/mo 0.5 miles
U-Haul Shops & Services
1,818 visits/mo 0.1 miles
Kids Foot Locker Apparel
1,747 visits/mo 0.2 miles

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

Average Price Trend$/SF for Retail space in Chicago, IL

$223 Jul
$206 Aug
$199 Sep
$196 Oct

Properties on Market for Retail space in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property combines early-twentieth-century construction with a substantial building footprint.
Where is this retail space located?
The property is located at 4028-32 West Madison Chicago, IL.
What are key features of this property?
This property features: 81,500‑square‑foot retail property; Built in 1924; Offered for sale as an investment asset
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