4231 Madison Street — Chicago, IL 60624
Active
Chicago, IL 60624

4231 Madison Street

$550,000
0 beds · 0 baths
Listed at $550,000 7 days on market $4,958/yr taxes
01About this home

This expansive 10,500 square foot mixed-use commercial property presents an outstanding opportunity for investors, developers, or business owners seeking strong income potential and low operating costs in a high-traffic area. The main level features a prominent, wide-open storefront with excellent visibility-perfect for retail, showrooms, or hospitality concepts. Its open layout allows for flexible customization to suit a variety of business needs. The upper levels offer incredible potential for office use, creative studios, or even residential conversion-creating multiple income streams under one roof. Whether you're seeking a value-add investment, a high-performing asset, or a signature location for your business, this property delivers. Schedule a private tour today and explore the potential!

02Inside the home
03By the numbers
$550,000
List price
Square feet
Bedrooms
Bathrooms
1908
Year built
Lot size
Garage spaces
$4,958
Annual taxes
Single Family
Style
7
Days on market
04Features
Cooling
Central Air
Construction
Brick
05Neighborhood
  • Taste Buds 750 ft
  • Brick’s Sports Bar & Grill 0.2 mi
  • Jerk Taco Man 0.4 mi
  • White Castle 0.4 mi
  • Whale Fish and Chicken 0.9 mi
  • Inspiration Kitchens 1.0 mi
  • Tiger Mart 0.3 mi
  • Mobil Mart 0.4 mi
  • BP Shop 0.4 mi
  • Pulaski & Lake Food Mart 0.5 mi
  • Save-A-Lot 0.5 mi
  • Citgo 0.5 mi
  • Mason Park 0.3 mi
  • Tilton Park 0.4 mi
  • Clark Park 0.5 mi
  • Violet Playlot Park 0.8 mi
  • Park No. 500 0.8 mi
  • Play & Grow 0.8 mi
  • Momentum Coffee 0.9 mi
  • Semaphore Cafe 1.0 mi
  • Green Garden Cafe 1.2 mi
  • Bridge Cafe 1.3 mi
  • Dunkin' 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 5, 2026
Listed for sale
Keller Williams Preferred Rlty · 3 days on market
$499,900
Jun 5, 2026
Listed for sale
Keller Williams Preferred Rlty
$499,900
Feb 23, 2026
Listed for saleThis listing
Keller Williams Preferred Rlty
$550,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Keller Williams Preferred Rlty · James Mattz
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12575467
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