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$ 624,990
Est. payment /mo
Active
4231 W Madison Street Chicago, IL 60624
UPDATED:
08/17/2024 08:32 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12101784
Year Built 1908
Annual Tax Amount $4,958
Tax Year 2023
Lot Dimensions 50 X 125
Property Description
Welcome to this exceptional mixed-use commercial property, boasting a generous 10,500 sqft of versatile space, perfect for a wide range of business opportunities. Strategically located in a high-traffic area, this property promises excellent visibility and accessibility, making it an ideal investment for savvy business owners and investors alike. Main Level Storefront: The main level features a spacious storefront with expansive windows, providing ample natural light and an inviting atmosphere for customers. This area is perfectly suited for retail businesses, offering a flexible layout that can be easily customized to meet your specific needs. The high ceilings and open floor plan enhance the overall appeal, creating a welcoming environment for shoppers and clients. Upper Levels 2 & 3 presents a fantastic opportunity for additional income through rental spaces. With separate entrances, this area can be utilized for office spaces, studios, or even residential units, depending on your vision and zoning allowances. The versatility of this space allows for multiple configurations, catering to various tenant requirements and maximizing your return on investment. Prime Location,Large Storefront Windows,lexible Layout,Income Potential, Modern Amenities. This mixed-use property is not just a place of business but a strategic investment. The combination of a prominent storefront and potential rental income from the upper levels makes it a highly attractive option for investors looking to diversify their portfolio. The property's versatility ensures it can adapt to market demands, providing long-term stability and growth. Don't miss out on this unique opportunity to own a prime piece of commercial real estate that promises both immediate returns and future appreciation. Schedule a viewing today to explore the endless possibilities this property has to offer.
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jazmine Little • Coldwell Banker Realty