4912 W Madison Street, Chicago, IL 60644 - Photo 1

1/1

$780,000

Sold
Closed
Store
7,965 Sq. Ft.

1/1

Property Description

NOW LEASING AS WELL! Completely rehabbed retail opportunity in South Austin, minutes from I-290. Truss building, 11 ft. ceilings with fully open floor plan and 50'+ frontage along Madison Street. Newly finished epoxied concrete floors, two brand-new HVAC units on the roof, all major systems are brand new. Perfect for any business and floor plan design. Walls are insulated for custom installation of outlets, fixtures and wall finishes. Metered for single or divided use. Potential to occupy 51% of the space and lease out the rest for SBA loans. Daily traffic count 14,500+ with easy street parking. Handicap accessible restrooms. Targeted growth area with a new senior center and a community center. Perfect for walk-in business, storage or corporate/office space. Convenient location for any business and CTA accessible. Mayor's Invest South/West initiative opportunity zone.

Full Property Details

Full Property Details for 4912 W Madison St

General

Sold For: $780,000
Taxes: $13,186 (2022)
Status: Closed
Type: Store
Source: MRED
MLS ID: 11627952
Added to Site: 1, 263 day(s) ago

Interior

Interior Features: Accessible Entrance
Flooring: Concrete

Location

Area: CHI - Austin
County: Cook
Driving Directions: Cicero Avenue north to Madison Street west. Building on your right.

Heating & Cooling

Cooling Type: Central Air Conditioning
Heating Type: Central Building Heat, Forced Air, Gas, Hot Water

Structural Information

Construction: Brick
Exterior Const.: Brick
Ceiling Height: 12
Sub-Flooring: Concrete
Stories/Levels: 1
Square Feet: 7,965
Year Built: 1919

Lot Features

Lot Size (Sq. Ft.): 8,750
Lot Dimensions: 175 x 50
Frontage: City Street
Zoning: COMMR

Financial Considerations

Lease Price: $15
For Sale/Rent/Lease: For Sale or Rent
Assessment Year: 1919
Tax Amount: $13,186
Tax Year: 2022

Disclosures and Reports

Documents Avail.: Floor Plan
Property ID: 16094270320000

Listed by RE/MAX 10 in the Park
Sold by Signature Landmark Reo INC.

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Schools

Schools serving 4912 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	0.3 mi
Manley Career Academy High School 2935 West Polk Street, Chicago, IL 60612	12-11	2.6 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 4912 W Madison St

Date

Details

Price

Change

Source

3/12/2025

Sold

$780,000

-0.51%

MLS

9/25/2023

Price Reduced

$784,000

-1.26%

MLS

4/13/2023

Price Reduced

$794,000

-0.63%

MLS

9/13/2022

Listed

$799,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4912 W Madison Street, Chicago, IL 60644 (MLS# 11627952) is a Store property that was sold at $780,000 on March 12, 2025. Want to learn more about 4912 W Madison Street? Do you have questions about finding other Store real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

4912 W Madison St Chicago, IL 60644