3932 Madison St Chicago, IL 60624

Property Details for 3932 Madison St

Property size

14,000 SF

Property type

Office Properties & Spaces

Description

This exceptional 14,000-square-foot Class B office building, located at 3932 W Madison St in Chicago's West Garfield Park community (zip code 60624), presents a compelling investment opportunity. The property, situated on approximately 34,000 square feet of land, features two units, offering flexibility for various occupancy needs. Completely renovated in 2007, the interior boasts a contemporary design, ideal for office or mixed-use purposes. Ample parking is available, ensuring convenient access for tenants and visitors. The meticulously maintained exterior and common areas provide high visibility and accessibility. Its prime location offers proximity to public transportation and numerous amenities, contributing to strong potential for rental income growth. The B3-2 zoning allows for a diverse range of uses, enhancing its investment appeal. The asking price is $625,000, translating to $44.64 per square foot. This property represents a lucrative opportunity for investors seeking a high-return asset in a desirable Chicago location. The building's modern appeal, coupled with its convenient location and flexible layout, makes it an attractive option for a variety of businesses. The well-maintained condition and ample parking further enhance its desirability. This is a rare opportunity to acquire a well-positioned office building in a thriving Chicago neighborhood.