4912 W Madison St - Storefront Retail/Office FOR SALE


Chicago, IL 60644
$784,000 USD
708-220-2383
4912 W Madison St, Chicago, IL for Sale
$784,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

4912 W Madison St
Chicago, IL 60644


HIGHLIGHTS

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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$784,000 USD

PRICE/SF

$98 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C1-2

APN/PARCEL ID

16-09-427-032-0000

ASK ABOUT THIS PROPERTY

Al VallejoRE/MAX 10 CommercialMore Info
708-220-2383

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Al VallejoRE/MAX 10 CommercialMore Info
708-220-2383

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