Listing provided courtesy of Infiniti Properties, Inc.MREDas Distributed by MLSGrid- MLS# 12685872MLS Provider

4121 W Madison StreetChicago, IL 60624

Commercial
$115,000 Active

4121 W Madison Street Overview

Time on Site:
5 days
Visits:
1

Attention investors!!! Discover an exceptional investment opportunity with this income-producing mixed-use property. It boasts two ground-floor storefronts and a spacious two-bedroom apartment above, which offers the flexibility to be converted into a three-bedroom residence (rehab needed). Selling As-Is, Buyer to take on City Code Violations.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

4121 W Madison Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Modified Gross
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1915

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Garfield Park
  • Township: West Chicago

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger

Tax Information

  • Tax Annual Amount: $1,763.00
  • Tax Year: 2023

General Information

  • Parcel Number: 16152020100000
  • Possible Use: Commercial,Multi-Family
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Window Unit(s)
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 25X122
  • Lot Size Square Feet: 3025

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 3

4121 W Madison Street Neighborhood

Community

60624 (Chicago) Demographics

34
Median Age
9,901
Population Density (per sq. mile)
17%
College Educated
$25,648
Estimated Median Income
3,326
Estimated Total Home Owners
9,168
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4121 W Madison Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4121 W Madison Street Market Data

Based on the last 30 days in this zip code

$239,338
Average List Price
$187
Average Price per Square Foot
2
Properties Sold
70
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

4121 W Madison Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026