4952 W Madison Street Chicago, IL ^$ 2,450,000

4952 W Madison Street

^$ 2,450,000

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4952 W Madison Street

Chicago, IL, 60644

^$ 2,450,000

Bedrooms-- Baths--

4952 W Madison Street, Chicago, IL 60644 - Image 1

4952 W Madison Street, Chicago, IL 60644 - Image 2

4952 W Madison Street, Chicago, IL 60644 - Image 3

4952 W Madison Street, Chicago, IL 60644 - Image 4

Property for Rent in Chicago, IL

for $2,450,000. This property was built in 1924 on a lot size of 0.302296.

4952 W Madison is a 23-unit building in Austin, asking $2.45M, listed by BAUVISTA - Property is master leased to a strong non-profit through 2034 with one 5-year option and annual rent escalations. The tenant pays gas, electric, and most repairs. Tenant has staff present at property 24/7.

Rental Active

Price

^$ 2,450,000

Taxes

^$ 42,783

Style

Lot Size

0.302296

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12790045

Features

General

Sewer Public Sewer

Cooling Central Air

Utilities Electric to Site Natural Gas Available

Roof Reflective Coating

Zoning MULTI

Construction Materials Brick

Year Built 1924

Electric Circuit Breakers Separate Meters

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Repairs Scavenger Trash Collection

Stories Count 3

Tax Year 2025

Gross Income 359375

County Cook

Insurance Expense 23339

Property Type Commercial Sale Mixed Use

Status Active

Directions Property is on the Northeast Corner of Madison and Lavergne.

City Chicago

Number Of Units Total 23

MLS Area CHI - Austin

Lot Size Square Feet 13168

Tax Annual Amount 42783.08

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 17510

Additional Parcels Y/N N

Lease Type Modified Gross

Standard Status Active

Exterior

Water Source Municipal Water

Lot Dimensions 75x175

Frontage Type City Street

* Excluded Features

List By

33 Realty

Broker

pgross@33realty.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
10/20/2026	$2,450,000		Listed Price

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4952 W Madison Street, Chicago, IL, 60644 is a Property for Rent at $2,450,000 with a lot size of 0.302296. 4952 W Madison Street was built in 1924. 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 7.375% 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 10/26/2026.

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4952 W Madison Street

Property for Rent in Chicago, IL

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