23-Unit Mixed-Use
For Sale
Contact for pricing
Pending
4952 W Madison St, Chicago, IL 60644
Rehabilitated apartment asset with a commercial component and a broad range of residential unit configurations.
Property SizeContact for details
Days on Market143
Property Features for 4952 W Madison St
General Information
Standard status
Pending
Property subtype
Multifamily, Retail
Listing Agency:
33 Realty LLC
(773) 245-0587
Listed By:
Sean Connelly · License #IL 481011345
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:30AM
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 33 Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use property at 4952 W Madison St in Chicago combines a 23-unit apartment component with commercial space of roughly 3500 square feet. Residential layouts include one-, two-, three-, and four-bedroom units with one or two bathrooms, providing varied configurations within the building. A nonprofit organization has operated from the property since its rehabilitation period.
The property received substantial capital improvements during the 2019-2020 rehabilitation. Work included upgraded electrical wiring and conduit, new water and gas service, copper plumbing throughout, replacement HVAC systems and water heaters for all units, roof improvements, renovated kitchens and bathrooms, LTV flooring, and new windows. The asset is located in Chicago’s Austin neighborhood.
The property received substantial capital improvements during the 2019-2020 rehabilitation. Work included upgraded electrical wiring and conduit, new water and gas service, copper plumbing throughout, replacement HVAC systems and water heaters for all units, roof improvements, renovated kitchens and bathrooms, LTV flooring, and new windows. The asset is located in Chicago’s Austin neighborhood.
Key Highlights
- 23‑unit apartment component with one- through four‑bedroom layouts
- Commercial space of roughly 3500 square feet
- Five 1‑bed/1‑bath units, six 2‑bed/1‑bath units, and six 3‑bed/2‑bath units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,075
Businesses Nearby
Explore this area
Business Placement
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Rehabilitated apartment asset with a commercial component and a broad range of residential unit configurations.
Where is this mixed-use property located?
The property is located at 4952 W Madison St Chicago, IL.
What are key features of this property?
This property features: 23‑unit apartment component with one- through four‑bedroom layouts; Commercial space of roughly 3500 square feet; Five 1‑bed/1‑bath units, six 2‑bed/1‑bath units, and six 3‑bed/2‑bath units
