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$140,000

  • For Sale
  • Active
  • Lots/Land

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Prime development opportunity on Chicago's West Side! This vacant lot offers 3125 sq ft of land with excellent visibility along Madison Street. Zoned M-1, allowing for mixed-use, commercial, or multi-unit residential development (buyer to verify). Surrounded by ongoing revitalization, new businesses, parks, public transit, and neighborhood amenities. Perfect for investors, builders, or owners looking to create long-term value in an emerging corridor. Drive by and explore the potential-this is your chance to build in a growing area with strong future upside.

Full Property Details for 4716 W Madison St

General

  • Price: $140,000
  • Taxes: $516 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12523877
  • Updated: 1/8/2026
  • Added to Site: 130 day(s) ago

Additional Information

  • Other Features: Commuter Bus

Location

  • Area: CHI - Austin
  • County: Cook
  • Township: West Chicago
  • Driving Directions: Cicero Ave to Madison East to Property

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Utilities

  • Onsite: Electricity Nearby, Natural Gas Nearby

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125
  • Frontage: City Street
  • Frontage Feet: 25
  • Street/Road Desc.: Asphalt
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $516
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16103280330000

Listed by Keller Williams Success Realty

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— 4716 W Madison St —

  • Keller Williams Success Realty

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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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 4716 W Madison St

School District:Chicago Public School District 299
NameGradesDistance
Spencer Technology Acad Elementary School
214 North Lavergne Avenue, Chicago, IL 60644
PK-80.5 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-112.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4716 W Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2025
Listed
$140,000
-53.33%
MLS
7/29/2005
Sold
$300,000
—
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 4716 W Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$516
3%
$2,445
—
2022
$503
2%
$2,445
—
2021
$492
-10%
$2,445
—
2020
$545
11%
$2,445
—
2019
$491
2%
$2,445
—
2018
$483
9%
$2,445
18%
2017
$445
7%
$2,069
—
2016
$414
9%
$2,069
—
2015
$379
-1%
$2,069
—
2014
$384
2%
$2,069
—
2013
$376
-72%
$2,069
-72%
2012
$1,344
—
$7,490
—
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.

Estimate the Cost for 4716 W Madison St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Success Realty

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Recent Sales near 4716 W Madison St

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4716 W Madison Street, Chicago, IL 60644 (MLS# 12523877) is a Lots/Land property with a lot size of acres. 4716 W Madison Street is currently listed for $140,000 and was received on November 25, 2025. Want to learn more about 4716 W Madison Street? Do you have questions about finding other Lots/Land real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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