5038 W Madison Street Chicago, IL ^$ 235,000

5038 W Madison Street

^$ 235,000

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5038 W Madison Street

Chicago, IL, 60644

^$ 235,000

Studio Baths0.0 Sq 4,160

Monthly Estimate*

^$ 1,642

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Studio

Commercial Property for sale in Chicago, IL

for $235,000. This 4,160 square foot building was built in 1960 on a lot size of 0.09.

THIS PROPERTY HAS GREAT POTENTIAL. OWN YOUR BRAND NEW RESTAURANT OR BANQUET HALL AND MAKE THE PROFIT YOU DESERVE. PLANS WERE PULLED OUT AND MOST OF THE MAIN CONSTRUCTION IS ALREADY DONE, COME AND GIVE IT YOUR PERSONAL TOUCH AND FINISHING. GREAT LOCATION WITH PLENTY STREET PARKING.

Commercial Contingent

Price

^$ 235,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,841

Style

Lot Size

0.09

Year Built

1960

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12011589

Features

General

Cooling None

Zoning COMMR

Construction Materials Brick

Year Built 1960

Electric Circuit Breakers

Stories 1

Township West Chicago

Property SubType Warehouse

Tax Year 2022

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 10841

Property Type Commercial Sale Industrial

Contingency Attorney/Inspection

Status Contingent

Directions LARAMIE AVENUE TO MADISON EAST TO MADISON

City Chicago

MLS Area CHI - Austin

Lot Size Square Feet 4160

Street Name Madison

Tax Annual Amount 10841

Additional Parcels Y/N N

Leasable Area 4160

Days on Market 32

Lease Type Net

Standard Status Active Under Contract

Exterior

Building Area Total 4160

Lot Dimensions 26X171

Lot Size Acres 0.09

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Solaris Enterprises Inc

Broker

byrondrealtor@gmail.com

Affordability Calculator

$2,545

Per Month

Monthly Principal & Interest: $1,642
Monthly Property Taxes: $903
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$832,936

Percent of Sale Price 254%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2024	$235,000		Listed Price

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5038 W Madison Street, Chicago, IL, 60644 is a Commercial Property for sale at $235,000 with 4,160 sqft and a lot size of 0.09. 5038 W Madison Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 60644 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2024.

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5038 W Madison Street

Commercial Property for sale in Chicago, IL

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