3960 W Madison Street Chicago, IL ^$ 750,000

3960 W Madison Street

^$ 750,000

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3960 W Madison Street

Chicago, IL, 60624

^$ 750,000

Bedrooms-- Baths-- Sq 43,300

3960 W Madison Street, Chicago, IL 60624 - Image 1

Property for Rent in Chicago, IL

for $750,000. This 43,300 square foot property was built in 1929 on a lot size of 0.994031.

Mixed use building for sale or lease! Bottom is leased out and top office floors are vacant. Top floors needs complete rehab, no plumbing, no electrical, etc. Seller is willing to lease each floor for $1200 per month and tenant takes care of rehab, or sell for $550k! Each floor is 9000 sq ft! BUILDING IS IN NEED OF TLC/REHAB!

Rental Active

Price

^$ 750,000

Taxes

^$ 88,000

Style

Lot Size

0.994031

Year Built

1929

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12508428

Features

General

Cooling None

Year Built 1929

Electric None

Stories Count 1

Property Subtype Mixed Use

Tax Year 2022

Gross Income 0

County Cook

Net Operating Income 0

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions S pulaski and then go onto Madison

City Chicago

Number Of Units Total 4

MLS Area CHI - West Garfield Park

Lot Size Square Feet 43300

Tax Annual Amount 88000

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Lease Type Gross

Standard Status Active

Total Actual Rent 1.5

Exterior

Building Area Total 43300

Lot Dimensions 43300

* Excluded Features

List By

Realty One Group Excel

Broker

anasfatani@gmail.com;fatanirealtor@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
10/31/2025	$525,000		Listed Price

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3960 W Madison Street, Chicago, IL, 60624 is a Property for Rent at $750,000 with 43,300 sqft and a lot size of 0.994031. 3960 W Madison Street was built in 1929. 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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3960 W Madison Street

Property for Rent in Chicago, IL

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