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$375,000

  • For Sale
  • Active
  • Commercial
  • 4,277 Sq. Ft.
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Endless potential in this 2-story commercial property on a double city lot! The main level boasts approximately 3,125 sq. ft. of versatile retail space-perfect for your business vision. Upstairs, you'll find a spacious three-bedroom apartment, offering great rental income potential or convenient owner's quarters. While the property does require updates, it's a fantastic opportunity for investors or entrepreneurs to renovate and create value in a prime location.

Full Property Details for 4323 W Madison St

General

  • Price: $375,000
  • Taxes: $5,772 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12446737
  • Updated: 11/19/2025
  • Added to Site: 153 day(s) ago

Additional Information

  • Security/Safety: Other

Location

  • Area: CHI - West Garfield Park
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Pulaski Ave. north to Madison street, west to location.
  • Location Details: Chicago West

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Trash: 720

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Stories/Levels: 2
  • Square Feet: 4,277
  • # of Stores: 1
  • Year Built: 1928
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 3,050
  • Lot Dimensions: 50 x 125
  • Potential Use: Retail
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $4,800
  • Operating Expenses: $600
  • Security Deposit: Other
  • Assessment Year: 1928
  • Tax Amount: $5,772
  • Tax Year: 2024
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
  • Pays Electric: 480
  • Pays Trash: 720

Disclosures and Reports

  • Property ID: 16152000110000

Listed by Keller Williams Preferred Rlty

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— 4323 W Madison St —

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

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

Schools serving 4323 W Madison St

School District:Chicago Public School District 299
NameGradesDistance
Hefferan Elementary School
4409 West Wilcox Street, Chicago, IL 60624
PK-80.2 mi
Marshall Metropolitan High School
3250 West Adams Street, Chicago, IL 60624
12-111.4 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 4323 W Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$375,000
-24.85%
MLS
8/17/2025
Listed
$499,000
457.54%
MLS
2/24/2016
Sold
$89,500
—
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 4323 W Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,015
3%
$7,999
—
2022
$1,948
2%
$7,999
—
2021
$1,911
93%
$7,999
80%
2020
$991
—
$4,432
-10%
2019
$993
2%
$4,924
—
2018
$976
69%
$4,924
-6%
2017
$577
-45%
$5,239
—
2016
$1,049
9%
$5,239
—
2015
$960
5%
$5,239
7%
2014
$911
-77%
$4,910
-77%
2013
$3,938
158%
$21,652
131%
2012
$1,527
—
$9,356
—
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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NMLS#: 1598647

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4323 W Madison Street, Chicago, IL 60624 (MLS# 12446737) is a Commercial property. 4323 W Madison Street is currently listed for $375,000 and was received on August 17, 2025. Want to learn more about 4323 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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