4153 Madison St Chicago, IL 60624
- Commercial real estate
- 0.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4153 Madison St
- Lot size
- 0.07 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.07-acre commercial land parcel, located at 4153 W Madison St in Chicago, Illinois (zip code 60624), presents a unique investment opportunity. The property, measuring 25 feet by 122 feet, boasts a highly desirable B3-2 zoning designation, allowing for a diverse range of commercial and potentially multifamily developments. Situated in a densely populated area with heavy daytime traffic, this vacant lot offers unparalleled visibility and accessibility. The land's strategic location is directly across the street from numerous mixed-use buildings, ensuring a vibrant and established surrounding environment. Built in 2022, this site is ready for immediate development. The asking price is $40,000, translating to a land value of $13.12 per square foot. This presents a compelling opportunity for developers seeking a well-positioned site in a thriving Chicago neighborhood. The Cook County location and proximity to established businesses make this a highly attractive investment prospect. Don't miss this chance to acquire a prime piece of Chicago real estate with significant development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7302094
- Latitude
- 41.8804106
