Mixed-Use Property with
New
For Sale
$499,900
4231 W Madison Street, Chicago, IL 60624
A flexible interior combines ground-floor retail space with upper levels suited to office, studio, or residential conversion.
Property Size10,500 SF
Price / SF$47.61
Days on Market6
Property Features for 4231 W Madison Street
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Mixed Use
Site & Location
Neighborhood
West Garfield Park
Taxes and HOA fees
Annual Taxes
$4,958
Amenities
50 X 125
Concrete Perimeter
10500
Building Details
Building Size
10,500 SF
Year Built
1908
Stories
3
Listing Agency:
Keller Williams Preferred Rlty
(708) 787-2808
Listed By:
Tania Leanos
Source:
Kawashgroup
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 31 at 4:32AM
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 Keller Williams Preferred Rlty
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Investment Insights
Based on property information with market context.
Located at 4231 W Madison Street in Chicago, this 10,500-square-foot mixed-use property was built in 1908. Its main level contains a wide, open storefront, with upper levels providing additional space that may support office, studio, or residential conversion.
The ground-floor layout offers flexibility for retail, showroom, or hospitality use. The building’s upper floors create a distinct vertical configuration, combining street-level commercial space with adaptable areas above.
The ground-floor layout offers flexibility for retail, showroom, or hospitality use. The building’s upper floors create a distinct vertical configuration, combining street-level commercial space with adaptable areas above.
Key Highlights
- 10,500 square feet of mixed‑use space
- Open storefront on the main level
- Upper levels offer potential for office, studio, or residential conversion
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,067
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 33%
Apparel 31%
Save-A-Lot
Groceries
8,435 visits/mo
0.5 miles
Mobil
Shops & Services
6,963 visits/mo
0.3 miles
U-Haul
Shops & Services
1,818 visits/mo
0.1 miles
Kids Foot Locker
Apparel
1,747 visits/mo
0.3 miles
Foot Locker
Apparel
1,684 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - A flexible interior combines ground-floor retail space with upper levels suited to office, studio, or residential conversion.
Where is this mixed-use property located?
The property is located at 4231 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 10,500 square feet of mixed‑use space; Open storefront on the main level; Upper levels offer potential for office, studio, or residential conversion
