Chicago, IL 60644 5124 W Madison Street
$579,000



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Presented By: Realty of America, LLC
Home Details
Located in the heart of the bustling Austin neighborhood, this expansive 6-unit mixed-use building offers an exceptional opportunity for investors or business owners. Situated on an extra long lot, the property features two prime commercial storefronts at street level, providing excellent visibility and foot traffic. Above, four well-maintained residential apartments offer the perfect blend of comfort and convenience. The property benefits from excellent public transportation access, with multiple bus routes and the nearby Austin CTA Green Line station, offering quick connections to downtown Chicago and surrounding neighborhoods.
Presented By: Realty of America, LLC
General for 5124 W Madison Street
Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingNone
CountyCook
DirectionsLaramie Ave to Madison St East to Property
ElectricCircuit Breakers
Electric Expense2220
Fuel Expense
Gross Income5300
Insurance Expense8000
Lot Size Square Feet8600
MLS AreaCHI - Austin
Net Operating Income52600
Number Of Units Total6
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount2914
Tax Year2023
Trash Expense0
Water Sewer Expense780
Year Built1914
Exterior for 5124 W Madison Street
Building Area Total7158
Lot Dimensions50 X 172
Additional Details
Price History
