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$140,000
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Property Description
Prime development opportunity on Chicago's West Side! This vacant lot offers 4375 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
Full Property Details for 4722 W Madison St
General
- Price: $140,000
- Taxes: $600 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12523998
- Updated: 1/8/2026
- Added to Site: 54 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: Cicero Ave To Madison St, 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.): 4,375
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 173
- Frontage: City Street
- Frontage Feet: 25
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $600
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16103280230000
Listed by Keller Williams Success Realty
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Schools
Schools serving 4722 W Madison St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Spencer Technology Acad Elementary School 214 North Lavergne Avenue, Chicago, IL 60644 | PK-8 | 0.5 mi |
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612 | 12-11 | 2.4 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 4722 W Madison St
Date
Details
Price
Change
Source
11/25/2025
Listed
$140,000
—
MLS
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
Tax History for 4722 W Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$600
3%
$2,843
—
2022
$585
2%
$2,843
—
2021
$572
-10%
$2,843
—
2020
$633
11%
$2,843
—
2019
$571
2%
$2,843
—
2018
$562
8%
$2,843
18%
2017
$518
7%
$2,406
—
2016
$482
9%
$2,406
—
2015
$441
-1%
$2,406
—
2014
$446
2%
$2,406
—
2013
$438
1%
$2,406
—
2012
$432
—
$2,406
—
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
Estimate the Cost for 4722 W Madison St
4722 W Madison Street, Chicago, IL 60644 (MLS# 12523998) is a Lots/Land property with a lot size of acres. 4722 W Madison Street is currently listed for $140,000 and was received on November 25, 2025. Want to learn more about 4722 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.

