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$125,000

  • For Sale
  • Active
  • Commercial
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Attention investors!!! Discover an exceptional investment opportunity with this income-producing mixed-use property. It boasts two ground-floor storefronts, including a currently operating barbershop, and a spacious two-bedroom apartment above, which offers the flexibility to be converted into a three-bedroom residence (rehab needed). Selling As-Is, Buyer to take on City Code Violations, Motivated Seller

Full Property Details for 4121 W Madison St

General

  • Price: $125,000
  • Taxes: $1,763 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12418592
  • Updated: 12/19/2025
  • Added to Site: 187 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: CHI - West Garfield Park
  • County: Cook
  • Township: West Chicago
  • Driving Directions: From Kedzie and Madison Street, proceed to 4121 Madison
  • Location Details: Chicago West

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Window Unit(s)
  • Heating Type: Forced Air, Gas

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 2
  • Current Bldg. Use: Commercial
  • # of Stores: 1
  • Year Built: 1915
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1

Lot Features

  • Lot Size (Sq. Ft.): 3,025
  • Lot Dimensions: 25 x 122
  • Frontage: City Street
  • Potential Use: Commercial, Multi-Family
  • Zoning: COMMR

Financial Considerations

  • Security Deposit: Other
  • Assessment Year: 1915
  • Tax Amount: $1,763
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger

Disclosures and Reports

  • Property ID: 16152020100000

Listed by Infiniti Properties, Inc.

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Listing agent

— 4121 W Madison St —

  • Infiniti Properties, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4121 W Madison St

School District:Chicago Public School District 299
NameGradesDistance
Tilton Elementary School, Chicago, IL
223 North Keeler Avenue, Chicago, IL 60624
PK-80.3 mi
Marshall Metropolitan High School
3250 West Adams Street, Chicago, IL 60624
12-111.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4121 W Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/13/2025
Price Reduced
$125,000
-7.41%
MLS
9/01/2025
Price Reduced
$135,000
-10%
MLS
7/27/2025
Price Reduced
$150,000
-25%
MLS
7/13/2025
Listed
$200,000
53.85%
MLS
6/09/2022
Sold
$130,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4121 W Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,763
3%
$6,999
—
2022
$1,705
2%
$6,999
—
2021
$1,672
-54%
$6,999
-57%
2020
$3,617
-2%
$16,182
-12%
2019
$3,707
2%
$18,389
—
2018
$3,644
-19%
$18,389
-11%
2017
$4,473
8%
$20,706
—
2016
$4,147
9%
$20,706
—
2015
$3,794
—
$20,706
1%
2014
$3,800
2%
$20,482
—
2013
$3,725
1%
$20,482
—
2012
$3,675
—
$20,482
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Infiniti Properties, Inc.

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4121 W Madison Street, Chicago, IL 60624 (MLS# 12418592) is a Commercial property. 4121 W Madison Street is currently listed for $125,000 and was received on July 13, 2025. Want to learn more about 4121 W Madison Street? Do you have questions about finding other Commercial real estate for sale in West Garfield Park? You can browse all West Garfield Park real estate or contact a Coldwell Banker agent to request more information.

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