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Retail Storefront Building
For Sale
$499,900

4231 W Madison Street, Chicago, IL 60624

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market84

Property Features for 4231 W Madison Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Take I-290 West, exit at Central Avenue, then head south, turn right (west) onto Madison Street and continue to 4231 W Madison St in Chicago's West Garfield Park
Subdivision CHI - West Garfield Park
Standard status Active
APN 16152010080000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 4958

Utilities

Cooling system Central Air

Building Details

Year built 1908
Floors in Building 3
Number of units 6
Building materials Brick
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: James Mattz · License #475095060
Added: Jun 5 Changed: Aug 20 Last Checked: Aug 27 at 9:06PM
MLS# 12669668

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 is a for-sale retail storefront building at 4231 W Madison Street in Chicago, IL 60624. The offering is classified as a storefront/retail property and sits on a 0.1435-acre lot. No interior layout, building size, or current tenant details are provided in the available information.

The property is located in Cook County and presented for purchase within the city of Chicago. Street access is via W Madison Street based on the provided address, supporting straightforward customer-facing use for appropriate retail operations.

For tenants, buyers, and operators looking for a retail-oriented storefront building, this property may fit as a ground-floor commercial presence where the primary requirement is a street-addressed retail format. Interested parties should confirm building condition, available space configuration, and any permitted uses or operating requirements during due diligence.

Key Highlights

  • Brick construction
  • Central air cooling
  • Built in 1908

Property Analytics

Current Use

Brooks Brothers Furniture ... Electronics & Wireless Store Wonder (Bike/Boat/Book/etc) Store Brooks Bros Salon Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

1,067
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • First Choice Flowers Inc 17 N Cicero Ave, Chicago, IL 60644

Frequently Asked Questions

What type of property is this?
Storefront property - For-sale storefront asset on W Madison Street, suited for retail users seeking an established city location.
Where is this storefront 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: Brick construction; Central air cooling; Built in 1908
More about this property
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