4323 W Madison Street Chicago, IL ^$ 375,000

4323 W Madison Street

^$ 375,000

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4323 W Madison Street

Chicago, IL, 60624

^$ 375,000

Bedrooms-- Baths-- Sq 4,277

Monthly Estimate*

^$ 2,340

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Commercial Property for sale in Chicago, IL

for $375,000. This 4,277 square foot building was built in 1928 on a lot size of 0.070018.

Endless potential in this 2-story commercial property on a double city lot! The main level boasts approximately 3,125 sq. ft. of versatile retail space-perfect for your business vision. Upstairs, you'll find a spacious three-bedroom apartment, offering great rental income potential or convenient owner's quarters. While the property does require updates, it's a fantastic opportunity for investors or entrepreneurs to renovate and create value in a prime location.

Commercial Active

Price

^$ 375,000

Property Type

Commercial

Taxes

^$ 5,772

Style

Lot Size

0.070018

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12446737

Features

General

Cooling Central Air

Possession Closing

Roof Rubber

Zoning COMMR

Construction Materials Brick

Year Built 1928

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Scavenger Sewer

Stories Count 2

Township West Chicago

Property Subtype Mixed Use

Tax Year 2024

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 600

Insurance Expense 4800

Property Type Commercial Sale Mixed Use

Possible Use Retail

Status Active

Directions Pulaski Ave. north to Madison street west to location.

City Chicago

Number Of Units Total 2

MLS Area CHI - West Garfield Park

Lot Size Square Feet 3050

Tax Annual Amount 5772

Electric Expense 480

Fuel Expense 3000

Trash Expense 720

Water Sewer Expense 1800

Additional Parcels Y/N N

Standard Status Active

Total Actual Rent 0

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4277

Lot Dimensions 50X125

* Excluded Features

List By

Keller Williams Preferred Rlty

Broker

jamielemmons@kw.com

Affordability Calculator

$2,821

Per Month

Monthly Principal & Interest: $2,340
Monthly Property Taxes: $481
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$1,041,296

Percent of Sale Price 178%

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
11/12/2025	$375,000	-24.85%	Price Down
8/17/2025	$499,000		Listed Price

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4323 W Madison Street, Chicago, IL, 60624 is a Commercial Property for sale at $375,000 with 4,277 sqft and a lot size of 0.070018. 4323 W Madison Street was built in 1928. 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.

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 12/14/2025.

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4323 W Madison Street

Commercial Property for sale in Chicago, IL

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