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$650,000
10,500
square ft

4231 W Madison Street
Chicago, Illinois 60624

Active / MLS #12409857 / Commercial / Mixed Use / West Garfield Park
Listing information updated 10/15/2025 at 6:03am
This expansive 10,500 square foot mixed-use commercial property presents an outstanding opportunity for investors, developers, or business owners seeking strong income potential and low operating costs in a high-traffic area. The main level features a prominent, wide-open storefront with excellent visibility-perfect for retail, showrooms, or hospitality concepts. Its open layout allows for flexible customization to suit a variety of business needs. The upper levels offer incredible potential for office use, creative studios, or even residential conversion-creating multiple income streams under one roof. Whether you're seeking a value-add investment, a high-performing asset, or a signature location for your business, this property delivers. Schedule a private tour today and explore the potential!
Built:
1908
Cooling System:
Central Air
Stories:
3
# of Offices:
1
Building Square Feet:
10,500
Tax Amount:
$4,958
Tax Year:
2023
Zip Code:
60624
City:
Chicago
County:
Cook

Listing Office: Keller Williams Preferred Rlty

Listing Office Phone: 708.798.1111

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/15/2025 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

West Garfield Park, IL

West Garfield Park, on Chicago’s West Side immediately west of Garfield Park, is a testament to resilience and community. Long-time residents appreciate the tight-knit community, convenient transportation, short commute downtown and affordable housing as well as access to the park. Garfield Park i...

CTA

CTA
Blue line at Pulaski
CTA
Green line at Cicero
$307,343
Average Sale Price
128
Average Days On The Market
95%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4231 W Madison Street, Chicago, IL 60624
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4231 W Madison Street, Chicago, IL 60624 is a commercial / mixed use currently listed at $650,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since July 3rd, 2025 and was built in 1908. The nearest transit stops include Pulaski CTA Blue line.

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