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$ 500,000
Est. payment /mo
Active
4805 W Madison Street Chicago, IL 60644
7,992 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,992 sqft
Price per Sqft $62
MLS Listing ID 12309715
Year Built 1908
Annual Tax Amount $4,430
Tax Year 2023
Lot Dimensions 9750 SQ. FT.
Property Sub-Type Mixed Use
Property Description
GREAT INVESTMENT OPPORTUNITY! This spacious mixed-use building offers incredible potential with multiple income streams. Featuring three commercial spaces - perfect for any business - including a fully equipped, operational BBQ restaurant (all fixtures included), salon suites, and a banquet hall. Above, you'll find two 2BR/2BTH apartments that need some work - a fantastic value-add opportunity. The property also includes a 10-car parking lot and sits on a high-traffic, high-visibility street in the vibrant Austin community. Ideal for investors, business owners, and those seeking prime real estate with strong income potential. Don't miss this exceptional opportunity!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick,Masonite
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Listed by Rachel Clark • RE/MAX LOYALTY