Chicago, IL 60644 5124-5126 W Madison Street

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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12093213
  • 06/26/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 7,764

Home Details

This is an amazing opportunity for an investor or live in owner. Rarely available 3 story, classic multi-use multiple unit building located in Madison/Austin TIF Corridor. Charming and attractive red brick front facade with vintage window detail. A must see. Two large storefronts with newer modern facades. Two separate entrances and addresses leading to two floors of apartments. Rear decks and stairs rebuilt in 2005. Multi-car parking in back of 170 foot deep lot or use for expansion. Full basement under each side - west side basement is finished. New roof in 2003. Current rent is below market value and apartment tenants are month-to-month. Being sold as-is. There are two PIN numbers for this property: 16094250430000 and 1609425044000.
Presented By: Berkshire Hathaway HomeServices Chicago

General for 5124-5126 W Madison Street

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
CoolingWindow Unit(s)
CountyCook
Days on Market2
DirectionsNorth side of Madison St. East between Laramie and Leamington
ElectricCircuit Breakers, Service - 201 to 600 Amps, Power - 120V, 220 Volts
Electric Expense2400
Fuel Expense4000
Gross Income81000
Insurance Expense4000
Lot Size Square Feet8789
MLS AreaCHI - Austin
NumberOfUnitsTotal8
PossessionClosing
Possible UseCommercial, Multi-Family, Retail, Special Use, Other
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofMembrane, Reflective Coating
Standard StatusActive
StatusNew
Stories3
Tax Annual Amount17133
Tax Year2022
Tenant PaysHeat
Trash Expense0
Virtual TourClick here
Water Sewer Expense1800
Year Built1916
ZoningMULTI

Exterior for 5124-5126 W Madison Street

Building Area Total7764
ExteriorBrick
Foundation DetailsConcrete Perimeter, Stone
Lot Dimensions51.70 X 170

Additional Details

Price History

Worth Clark

Price $735,900
MLS#12093213
List Date 06/26/2024
Property Type Commercial
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