Recently Viewed Properties
See This Home
Save This Listing
Close

$140,000

  • For Sale
  • Active
  • Lots/Land
  • Updated 10 days ago
See This Home
Save This Home
See This Home
Save This Home
Prime development opportunity on Chicago's West Side! This vacant lot offers 4987 sq ft of land with excellent visibility along Madison Street. Zoned B3-2, 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 4718 W Madison St

General

  • Price: $140,000
  • Taxes: $1,236 (2023)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12523940
  • Updated: 1/8/2026
  • Added to Site: 54 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 (Sq. Ft.): 4,987
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 29 x 172
  • Frontage: City Street, Paved
  • Frontage Feet: 29
  • Street/Road Desc.: Asphalt
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $1,236
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16103280320000

Listed by Keller Williams Success Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 4718 W Madison St —

  • Keller Williams Success Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

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!

Be ready to buy your new home!

with our affiliated lender
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 4718 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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4718 W Madison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2025
Listed
$140,000
-68.89%
MLS
7/23/2005
Sold
$450,000
—
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 4718 W Madison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,236
3%
$5,859
—
2022
$1,205
2%
$5,859
—
2021
$1,178
-10%
$5,859
—
2020
$1,305
11%
$5,859
—
2019
$1,177
2%
$5,859
—
2018
$1,157
3%
$5,859
12%
2017
$1,127
7%
$5,236
—
2016
$1,049
9%
$5,236
—
2015
$959
4%
$5,236
5%
2014
$925
-21%
$4,987
-22%
2013
$1,164
1%
$6,401
—
2012
$1,149
—
$6,401
—
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 4718 W Madison St

$
Down Payment
%
$
%

$
$

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Success Realty

Similar Properties near 4718 W Madison St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4722 W Madison St, Chicago, IL 60644 - Photo 1
$140,000

4722 W Madison St  Chicago, IL 60644

  • Lots/Land
  • Active
  • Updated 10 days ago
4111 W Monroe St, Chicago, IL 60624 - Photo 1
$135,000

4111 W Monroe St  Chicago, IL 60624

  • Lots/Land
  • Active
  • 0.21
    Acres
1023 N St Louis Ave, Chicago, IL 60651 - Photo 1
$139,000

1023 N St Louis Ave  Chicago, IL 60651

  • Lots/Land
  • Active
  • 0.08
    Acres
6052 S Rhodes Ave, Chicago, IL 60637 - Photo 1
$145,000

6052 S Rhodes Ave  Chicago, IL 60637

  • Lots/Land
  • Active

Just Listed near 4718 W Madison St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1417 S 48th Ct, Cicero, IL 60804 - Photo 1 Just Listed
$424,900

1417 S 48th Ct  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 1 hour ago
  • 5
    Total Beds
5113 W 32nd St, Cicero, IL 60804 - Photo 1 Just Listed
$309,900

5113 W 32nd St  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 3 days ago
  • 4
    Total Beds
3136 S 54th Ave, Cicero, IL 60804 - Photo 1 Just Listed
$319,999

3136 S 54th Ave  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 2 days ago
  • 6
    Beds
  • 2
    Total Baths
  • 1,400
    Sq. Ft.
3115 S 53rd Ct, Cicero, IL 60804 - Photo 1 Just Listed
$349,000

3115 S 53rd Ct  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,381
    Sq. Ft.

Price Reduced near 4718 W Madison St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1638 S Central Ave, Cicero, IL 60804 - Photo 1 Price Reduced
-$2,000 (-0.73%)
$272,900

1638 S Central Ave  Cicero, IL 60804

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
1809 S 49th Ave, Cicero, IL 60804 - Photo 1 Price Reduced
-$10,000 (-3.23%)
$299,900

1809 S 49th Ave  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 1 hour ago
  • 3
    Total Beds
1337 S Austin Blvd, Cicero, IL 60804 - Photo 1 Price Reduced
-$10,000 (-1.74%)
$565,000

1337 S Austin Blvd  Cicero, IL 60804

  • Multi-Family
  • Active
  • Updated 1 day ago
  • 5
    Total Beds
5734 W Cermak Rd, Cicero, IL 60804 - Photo 1 Price Reduced
-$36,000 (-5.26%)
$649,000

5734 W Cermak Rd  Cicero, IL 60804

  • Lots/Land
  • Active
  • Updated 2 days ago

Recent Sales near 4718 W Madison St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4714 W Maypole Ave, Chicago, IL 60644 - Photo 1 Sold
$140,000

4714 W Maypole Ave  Chicago, IL 60644

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
4906 W Gladys Ave, Chicago, IL 60644 - Photo 1 Sold
$120,000

4906 W Gladys Ave  Chicago, IL 60644

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 800
    Sq. Ft.
618 S Cicero Ave, Chicago, IL 60644 - Photo 1 Sold
$160,000

618 S Cicero Ave  Chicago, IL 60644

  • Lots/Land
  • Closed
5042 W Jackson Blvd, Chicago, IL 60644 - Photo 1 Sold
$138,000

5042 W Jackson Blvd  Chicago, IL 60644

  • Townhouse
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,062
    Sq. Ft.

4718 W Madison Street, Chicago, IL 60644 (MLS# 12523940) is a Lots/Land property with a lot size of acres. 4718 W Madison Street is currently listed for $140,000 and was received on November 25, 2025. Want to learn more about 4718 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.

Tour this property