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5124 W Madison Street

Chicago, IL 60644
  • $579,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 12307566
$579,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1914
County:
Area:

School Ratings & Info

Description

Located in the heart of the bustling Austin neighborhood, this expansive 6-unit mixed-use building offers an exceptional opportunity for investors or business owners. Situated on an extra long lot, the property features two prime commercial storefronts at street level, providing excellent visibility and foot traffic. Above, four well-maintained residential apartments offer the perfect blend of comfort and convenience. The property benefits from excellent public transportation access, with multiple bus routes and the nearby Austin CTA Green Line station, offering quick connections to downtown Chicago and surrounding neighborhoods.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-22T23:59:58.617 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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5124 W Madison Street Chicago, IL 60644

  • Price: $579,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: 12307566
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1914
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Located in the heart of the bustling Austin neighborhood, this expansive 6-unit mixed-use building offers an exceptional opportunity for investors or business owners. Situated on an extra long lot, the property features two prime commercial storefronts at street level, providing excellent visibility and foot traffic. Above, four well-maintained residential apartments offer the perfect blend of comfort and convenience. The property benefits from excellent public transportation access, with multiple bus routes and the nearby Austin CTA Green Line station, offering quick connections to downtown Chicago and surrounding neighborhoods.
Exterior Features

Exterior Building Type Brick

Interior Features

Cooling None Heat Ventilation Gas

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 7158 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection None Geographic Locale Chicago West Gross Income 5300 Gross Scheduled Income 63600 Insurance Expense 8000 Mls Actual Status Active Net Operating Income 52600 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 2914 Tax Year 2023 Total Monthly Income 3400 Type Mixed Use

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Realty of America, LLC: 708-788-1900.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2025-03-22T23:59:58.617 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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