$2,400,000
1041 W Madison Street Chicago, IL 60607
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$2,400,000
Est. payment /mo
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1041 W Madison Street Chicago, IL 60607
UPDATED:
11/06/2024 08:02 AM
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 $42,050
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
Interior
Cooling Central Individual
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Priya Patel • Sperry Van Ness
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