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4912 W Madison St

7,965 SF Vacant Retail Building Chicago, IL 60644 £619,368 (£78/SF)

Investment Highlights

  • Clear view security shutters
  • Separate metering for potential division
  • Minutes from I-290 expressway
  • 400 AMP, 3-phase electric service
  • Mayor Lightfoot opportunity zone
  • CTA accessible

Executive Summary

Now also available for lease.
Completely renovated 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. Three out of
four 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

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,965 SF
Year Built
1919
Price
£619,368
Price Per SF
£78
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.83
Land Acres
0.22 AC
Opportunity Zone
Yes
Zoning
C1-2 - Commercial- neighborhood storefront
Frontage
104 ft on West Madison Street

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,965 SF
  • Retail
  • In-Line
  • Now

Also Available for Sale Completely renovated 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. Three out of four 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

Space Size Space Use Position Available
1st Floor 7,965 SF Retail In-Line Now

1st Floor

Size
7,965 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 7,965 SF
Space Use Retail
Position In-Line
Available Now

Also Available for Sale Completely renovated 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. Three out of four 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

Walk Score ®
Very Walkable (79)
Transit Score ®
Excellent Transit (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-09-427-032-0000
Land Assessment
£22,438
Improvements Assessment
£66,424
Total Assessment
£88,862
  • Listing ID: 26619892

  • Date on Market: 13/09/2022

  • Last Updated:

  • Address: 4912 W Madison St, Chicago, IL 60644

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