4231 W Madison St
Chicago, IL 60624
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Solid building located in an Opportunity Zone and TIF District
- LOW Taxes: $4,100 in 2021
- New developments on both sides of the property (1 approved, 1 completed)
- Zoning allows for the addition of apartments on the 2nd and 3rd Floors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,500 SF
Building Class
C
Year Built
1909
Tenancy
Single
Building Height
3 Stories
Loading Docks
1 Exterior
Building FAR
1.68
Lot Size
0.14 AC
Zoning
B3-2 - B3, Community Shopping District accommodates a broad range of retail & service uses, with residential dwelling units above the ground floor permitted
Frontage
63 FT on W Madison St
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 16-15-201-008-0000 | Improvements Assessment | $32,228 |
| Land Assessment | $8,773 | Total Assessment | $41,001 |
