Chicago, IL 60644 4805 W Madison Street
$500,000
35 more
Presented By: RE/MAX LOYALTY
SQFT • 7,992
Home Details
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!
Presented By: RE/MAX LOYALTY
General for 4805 W Madison Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Masonite
CoolingNone
CountyCook
DirectionsCICERO TO MADISON AND THEN WEST TO BUILDING
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income9000
Insurance Expense
Lot Size Square Feet9750
MLS AreaCHI - Austin
Net Operating Income
Number Of Units Total5
Operating Expense0
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount4430.56
Tax Year2023
Tenant PaysElectricity
TownshipWest Chicago
Trash Expense0
Water Sewer Expense0
Year Built1908
ZoningCOMMR
Exterior for 4805 W Madison Street
Building Area Total7992
Lot Dimensions9750 SQ. FT.
Additional Details
Price History
