4718 W Madison St Chicago, IL 60644
Garfield Park NeighborhoodEstimated payment $830/month
About This Lot
Prime development opportunity on Chicago's West Side! This vacant lot offers 4987 sq ft of land with excellent visibility along Madison Street. Zoned B3-2, allowing for mixed-use, commercial, or multi-unit residential development (buyer to verify). Surrounded by ongoing revitalization, new businesses, parks, public transit, and neighborhood amenities. Perfect for investors, builders, or owners looking to create long-term value in an emerging corridor. Drive by and explore the potential-this is your chance to build in a growing area with strong future upside.
Listing Agent
Keller Williams Success Realty License #475170089 Listed on: 11/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,236
Lot Details
- Lot Dimensions are 29x172
- Property is zoned COMMR
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,236 | $6,483 | $6,483 | -- |
| 2024 | $1,236 | $6,483 | $6,483 | -- |
| 2023 | $1,205 | $5,860 | $5,860 | -- |
| 2022 | $1,205 | $5,860 | $5,860 | $0 |
| 2021 | $1,178 | $5,859 | $5,859 | $0 |
| 2020 | $1,305 | $5,859 | $5,859 | $0 |
| 2019 | $1,177 | $5,859 | $5,859 | $0 |
| 2018 | $1,157 | $5,859 | $5,859 | $0 |
| 2017 | $1,127 | $5,236 | $5,236 | $0 |
| 2016 | $1,049 | $5,236 | $5,236 | $0 |
| 2015 | $959 | $5,236 | $5,236 | $0 |
| 2014 | $925 | $4,987 | $4,987 | $0 |
| 2013 | $1,164 | $6,401 | $4,987 | $1,414 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $140,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12523940
APN: 16-10-328-032-0000
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Ask me questions while you tour the home.