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Madison Street Land Opportunity
For Sale
$450,000
Pending

4440-4456 W Madison Street, Chicago, IL 60624

Land, Chicago, IL

Property SizeContact for details
Lot Size0.91 Acres
Days on Market214

Property Features for 4440-4456 W Madison Street

General Information

Property type Land
Property subtype Other
Elementary school district 299
Middle school district 299
High school district 299
Directions Take Pulaski to Madison. Take Madison east to lots.
Subdivision CHI - West Garfield Park
Standard status Pending
APN 16103310200000
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6037
Listing Agency: Keller Williams Preferred Rlty · Keller Williams Realty
Listed By: Jerome Lanier · License #475178028
Added: Jan 18 Changed: Aug 20 Last Checked: Aug 20 at 8:06AM
MLS# 12550057

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.

Six continuous lots totaling approximately 39,500 square feet are available on Madison Street in West Garfield Park, Chicago. The property is currently zoned B3-2, making it suitable for shopping centers, large stores, and retail storefronts. Apartments are permitted above the ground floor, offering potential for mixed-use development. This presents an opportunity for developers or investors interested in bringing retail, mixed-use, or multi-family housing to this area.

Key Highlights

  • Large 39,500 sq ft lot size suitable for significant development.
  • Prime location directly on Madison Street in West Garfield Park.
  • B3‑2 zoning allows for diverse development options: shopping centers, retail, mixed‑use.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Skin Care Clinic (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

1,056
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Six lots on Madison Street, ideal for development.
Where is this commercial land located?
The property is located at 4440-4456 W Madison Street Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Large 39,500 sq ft lot size suitable for significant development.; Prime location directly on Madison Street in West Garfield Park.; B3‑2 zoning allows for diverse development options: shopping centers, retail, mixed‑use.
More about this property
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