4731 W Madison Street Chicago, IL ^$ 279,800

4731 W Madison Street

^$ 279,800

Back to search

Recently Listed New Construction

4731 W Madison Street

Chicago, IL, 60644

^$ 279,800

Bedrooms-- Baths-- Sq 3,100

Monthly Estimate*

^$ 1,723

4731 W Madison Street, Chicago, IL 60644 - Image 1

4731 W Madison Street, Chicago, IL 60644 - Image 2

4731 W Madison Street, Chicago, IL 60644 - Image 3

4731 W Madison Street, Chicago, IL 60644 - Image 4

4731 W Madison Street, Chicago, IL 60644 - Image 5

4731 W Madison Street, Chicago, IL 60644 - Image 6

4731 W Madison Street, Chicago, IL 60644 - Image 7

4731 W Madison Street, Chicago, IL 60644 - Image 8

4731 W Madison Street, Chicago, IL 60644 - Image 9

4731 W Madison Street, Chicago, IL 60644 - Image 10

4731 W Madison Street, Chicago, IL 60644 - Image 11

Commercial Property for sale in Chicago, IL

for $279,800. This 3,100 square foot building was built in 1920 on a lot size of 0.390266.

This is an excellent opportunity for the savvy developer/investor to purchase a nicely-sized and well-zoned parcel situated directly in the path of fast-moving Westward gentrification. Immediately to the West of this location sits the August suburb of Oak Park that is (counter-intuitively) spurring an Eastward gentrification of the neighborhood, which is essentially putting a welcome 'Squeeze Play on this location. Plus, tons of large-scale commercial development is under construction between Central Park and Cicero and I-290 & Chicago Avenue.

Commercial Active

Price

^$ 279,800

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.390266

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12560494

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1920

Electric Circuit Breakers

Stories Count 1

Township West Chicago

Property Subtype Other

Tax Year 2024

Gross Income 0

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Retail/Stores

Status New

Directions East or West on Madison to Subject

City Chicago

Number Of Units Total 1

MLS Area CHI - Austin

Lot Size Square Feet 17000

Tax Annual Amount 0

Additional Parcels Y/N Y

Leasable Area 0

Standard Status Active

Exterior

Building Area Total 3100

Lot Dimensions 100 X 165

* Excluded Features

List By

Chicago Real Estate Authority

Broker

Scott@ChicagoRealEstateAuthority.com

Affordability Calculator

$1,723

Per Month

Monthly Principal & Interest: $1,723
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$941,190

Percent of Sale Price 236%

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
2/3/2026	$279,800		Listed Price

Map

More homes like this one

homes for you

See all

4731 W Madison Street, Chicago, IL, 60644 is a Commercial Property for sale at $279,800 with 3,100 sqft and a lot size of 0.390266. 4731 W Madison Street was built in 1920. 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 6.25% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

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

Data is updated as of 2/7/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4731 W Madison Street

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home