4121 W Madison Street Chicago, IL ^$ 125,000

4121 W Madison Street

^$ 125,000

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4121 W Madison Street

Chicago, IL, 60624

^$ 125,000

Bedrooms-- Baths--

4121 W Madison Street, Chicago, IL 60624 - Image 1

4121 W Madison Street, Chicago, IL 60624 - Image 2

4121 W Madison Street, Chicago, IL 60624 - Image 3

4121 W Madison Street, Chicago, IL 60624 - Image 4

4121 W Madison Street, Chicago, IL 60624 - Image 5

4121 W Madison Street, Chicago, IL 60624 - Image 6

4121 W Madison Street, Chicago, IL 60624 - Image 7

4121 W Madison Street, Chicago, IL 60624 - Image 8

Property for Rent in Chicago, IL

for $125,000. This property was built in 1915 on a lot size of 0.069444.

Attention investors!!! Discover an exceptional investment opportunity with this income-producing mixed-use property. It boasts two ground-floor storefronts, including a currently operating barbershop, and a spacious two-bedroom apartment above, which offers the flexibility to be converted into a three-bedroom residence (rehab needed). Selling As-Is, Buyer to take on City Code Violations, Motivated Seller

Rental Active

Price

^$ 125,000

Taxes

^$ 1,763

Style

Commercial

Lot Size

0.069444

Year Built

1915

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12418592

Features

General

Cooling Central Air Window Unit(s)

Zoning COMMR

Construction Materials Brick

Year Built 1915

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Scavenger

Stories Count 2

Township West Chicago

Property Subtype Mixed Use

Tax Year 2023

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Multi-Family

Status Price Change

Directions From Kedzie and Madison Street proceed to 4121 Madison

City Chicago

Number Of Units Total 3

MLS Area CHI - West Garfield Park

Lot Size Square Feet 3025

Tax Annual Amount 1763

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Lease Type Modified Gross

Standard Status Active

Exterior

Lot Dimensions 25X122

Frontage Type City Street

* Excluded Features

List By

Infiniti Properties, Inc.

Broker

bstaffordrentals@gmail.com

Nearby

Trends
Schools

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
12/13/2025	$125,000	-7.41%	Price Down
9/1/2025	$135,000	-10.00%	Price Down
7/27/2025	$150,000	-25.00%	Price Down
7/13/2025	$200,000		Listed Price

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4121 W Madison Street, Chicago, IL, 60624 is a Property for Rent at $125,000 with a lot size of 0.069444. 4121 W Madison Street was built in 1915. The property's zip code is 60624 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Data is updated as of 12/18/2025.

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4121 W Madison Street

Property for Rent in Chicago, IL

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