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$500,000

Est. payment - /mo

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7,992 SqFt

Active

4805 W Madison ST Chicago, IL 60644

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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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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

Area Chi - Austin

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick,Masonite

Listed by Rachel Clark • RE/MAX LOYALTY