REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 596,000
Est. payment /mo
Active
5124-5126 W Madison Street Chicago, IL 60644
7,764 SqFt
UPDATED:
10/25/2024 03:32 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,764 sqft
Price per Sqft $76
MLS Listing ID 12093213
Year Built 1916
Annual Tax Amount $17,133
Tax Year 2022
Lot Dimensions 51.70 X 170
Property Description
LOOK OUT FOR THE PRICE REDUCTION, MOTIVATED SELLER!!!!! This is an amazing opportunity for an investor or live in owner. Rarely available 3 story, classic multi-use multiple unit building located in Madison/Austin TIF Corridor. Charming and attractive red brick front facade with vintage window detail. A must see. Two large storefronts with newer modern facades. Two separate entrances and addresses leading to two floors of apartments. Rear decks and stairs rebuilt in 2005. Multi-car parking in back of 170 foot deep lot or use for expansion. Full basement under each side - west side basement is finished. New roof in 2003. Current rent is below market value and apartment tenants are month-to-month. Being sold as-is. There are two PIN numbers for this property: 16094250430000 and 1609425044000.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Membrane,Reflective Coating
Building
Foundation Concrete Perimeter, Stone
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Hans Volk • Berkshire Hathaway HomeServices Chicago