Chicago, IL 60607,1041 W Madison ST
Chicago, IL 60607,1041 W Madison ST
Chicago, IL 60607,1041 W Madison ST
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$2,400,000
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UPDATED:

11/18/2024 06:48 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12204268

Year Built 2014

Annual Tax Amount $28,000

Tax Year 2023

Lot Dimensions 25 X 120

Property Description

1041 W Madison offers a rare chance to acquire a prime building in one of Chicago's most desirable neighborhoods. The property features (1) Retail space at 950SF and (3) 3 Bedroom 2 Bathroom units at 1,700SF, all beautifully renovated with modern appliances and in-unit laundry. The mechanical systems are in excellent condition and the property includes two indoor parking spots and four outdoor spaces. Rents can be pushed for the residential units. Lastly, property taxes are under pending appeal and projected to be reduced significantly..

Location

State IL

County Cook

Area Chi - Near West Side

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 4


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Midwest Real Estate Data (MRED) IDX
Listed by Priya Patel • Sperry Van Ness
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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658

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1041 W Madison ST