4039-4041 W Madison St - Storefront Retail/Office FOR SALE


Chicago, IL 60624
$445,000 USD
773-552-6155
4039-4041 W Madison St, Chicago, IL for Sale
$445,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | 11.27% Cap Rate

4039-4041 W Madison St
Chicago, IL 60624


HIGHLIGHTS

  • 15,600 SF mixed-use building
  • First floor built-out as two retail storefronts
  • Potential to rehab upper floors as office or apartments
  • Near corner of Pulaski & Madison

OVERVIEW

Pulaski and Madison retail corridor, a 15,600 square foot mixed-use building is available for sale. The first floor is built out with a mix of retail and office space. Current tenants are a grocery store and income tax prep office. The upper floors are vacant with an open layout ready to be developed as office, creative or apartment space. Nearby businesses are a mix of local and national retail users including BMO Harris Bank, Aldi, Foot Locker, and White Castle. This is a great opportunity for a user or investor looking to add value.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$29 USD /SF

CAP RATE

11.27%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B1-3

APN/PARCEL ID

16-15-203-007-0000

ASK ABOUT THIS PROPERTY

Benjamin NeikrugBYN PropertiesMore Info
773-552-6155

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Benjamin NeikrugBYN PropertiesMore Info
773-552-6155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.