1041 Madison StChicago, IL 60607

For Sale
$2,400,000

Prime Chicago location, 4-unit building. Excellent returns.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 1041 W Madison St, Chicago, IL 60607 presents a rare investment opportunity. The 6,100 square foot building, constructed in 2014, boasts a prime West Loop location and comprises one building with four stories. The property includes a retail storefront and three residential units. Each of the three residential units offers 1,700 square feet of living space, featuring three bedrooms and two bathrooms, modern appliances, and in-unit laundry. The building is well-maintained, with excellent mechanical systems. Parking is provided with two indoor spots and four outdoor spaces. Situated on a 3,000 square foot lot, this turnkey property is ideal for an owner/user seeking a blend of income generation and personal occupancy. The asking price is $2,400,000. This is a unique chance to acquire a high-quality asset in a highly sought-after Chicago neighborhood. Cook County APN: 17-17-203-010-0000.

Highlights

  • Exceptional Investment Opportunity
  • Highly Desirable Location
  • High-Quality Recent Renovations

Property Details for 1041 Madison St

Property type
Other retail properties, Individual retail properties
Square Feet
6,100 SF
Year Built
2014
Buildings
1
Stories
4
Units
4

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.881714650298
Longitude
-87.653652839131
1041 Madison St, Chicago, Illinois

FAQs

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1041 Madison St
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