Date
Details
Price
Change
Source
2/03/2026
Listed
$279,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/11
$279,800
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1/11
Property Description
This is an excellent opportunity for the savvy developer/investor to purchase a nicely-sized and well-zoned parcel situated directly in the path of fast-moving Westward gentrification. Immediately to the West of this location sits the August suburb of Oak Park that is (counter-intuitively) spurring an Eastward gentrification of the neighborhood, which is essentially putting a welcome 'Squeeze Play on this location. Plus, tons of large-scale commercial development is under construction between Central Park and Cicero and I-290 & Chicago Avenue.
Full Property Details
Full Property Details for 4731 W Madison St
General
- Price: $279,800
- Taxes: (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12560494
- Updated: 2/9/2026
- Added to Site: 20 day(s) ago
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: East or West on Madison to Subject
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 3,100
- Year Built: 1920
Lot Features
- Lot Size (Sq. Ft.): 17,000
- Lot Dimensions: 100 x 165
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1920
- Tax Year: 2024
Disclosures and Reports
- Property ID: 16151000090000
Listed by Chicago Real Estate Authority
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Listing agent
— 4731 W Madison St —
Chicago Real Estate Authority
NMLS#: 1598647
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Schools
Schools serving 4731 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 | 2.3 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 4731 W Madison St
Tax History
Tax History for 4731 W Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,674
3%
$22,154
—
2022
$4,557
2%
$22,154
—
2021
$4,455
55%
$22,154
72%
2020
$2,869
11%
$12,880
—
2019
$2,588
2%
$12,880
—
2018
$2,544
-5%
$12,880
4%
2017
$2,664
7%
$12,377
—
2016
$2,479
9%
$12,377
—
2015
$2,268
-1%
$12,377
—
2014
$2,296
2%
$12,377
—
2013
$2,251
1%
$12,377
—
2012
$2,221
—
$12,377
—
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 4731 W Madison St
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- Commercial
- Active
- Updated 12 days ago
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- Commercial Lease
- Active
- Updated 1 hour ago
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 5,586Sq. Ft.
- Single Family
- Active
- Updated 1 hour ago
- 4Beds
- 3Total Baths
- 1,479Sq. Ft.
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- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 1Total Bath
- 958Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 870Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,266Sq. Ft.
Listed by The Rosie Gonzalez Group
4731 W Madison Street, Chicago, IL 60644 (MLS# 12560494) is a Commercial property. 4731 W Madison Street is currently listed for $279,800 and was received on February 03, 2026. Want to learn more about 4731 W Madison Street? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.