4718 W Madison St Chicago, IL 60644
Garfield Park NeighborhoodEstimated payment $268/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | Price Changed | $30,000 | -78.6% | -- |
| 11/25/2025 11/25/25 | For Sale | $140,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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.