Commercial Real Estate

3822 w madison street

chicago, IL

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Status: Active
Property Type: Commercial Real Estate
Community: Chicago
$160,000
price
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bedrooms
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bathrooms
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square feet
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usable square feet
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assessment (hoa)
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This property offers a unique mixed-use opportunity with both commercial and residential components. The apartment features approximately 1,000+ square feet of living space, with 3 bedrooms and 1 bathroom. The commercial portion of the property comprises approximately 1,400+ square feet and is currently being utilized as a saloon, with customer seating space and private vendor suites, as well as a manager's office. The commercial tenants are month-to-month and in good standing. The residential section of the property is occupied by a long-term tenant, also on a month-to-month basis and in good standing. Recent updates to the property include updated kitchen floor and cabinets, newer boilers, a new hot water tank for the residential tenant, and a new air conditioning system for the commercial tenant. This unique mixed-use setting offers a significant opportunity for the owner to generate income from both the commercial and residential components. The property's location on Madison Avenue provides excellent foot traffic and shopping opportunities, as well as proximity to the nearby park, which hosts a variety of community activities throughout the year. The security shutters installed on the property provide an added layer of protection and peace of mind for both tenants and the owner. The open concept saloon layout allows for versatility and potential customization to suit the needs of future commercial tenants.
Lot size: 4,158 square feet
Taxes: $1,510.61
Style:
County: Cook
Listing time: Clients only
MLS #: 12325709

Map: 3822 w madison street

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Property Details: 3822 w madison street

Interior features

Interior information
  • Total Rooms: Ask Agent
  • Bedrooms: Ask Agent
  • Interior Features:
  • Full Bathrooms: Ask Agent
  • Half Bathrooms: Ask Agent
  • Master Bedroom: No
  • Additional Rooms: Ask Agent
Living Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Dining Room
  • Combined With Living Room: No
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Kitchen
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Family Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Master Bedroom
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Laundry
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Basement
  • Basement: No
  • Description:
Equipment, Appliances, HVAC
  • Heating: Hot Water, Radiators
  • Cooling: Wall Sleeve, Window Unit(s)
  • Appliances: Ask Agent
  • Additional Equipment:

Exterior, pets, parking, misc

Exterior information
  • Exterior Features: Ask Agent
  • Exposures:
  • Roof: Flat
  • Lot Acres: Ask Agent
  • Lot Square Footage: 4,158 square feet
  • Waterfront: No
Pets
  • Pets Allowed: Ask Agent
  • Pet Information:
Parking
  • Total Parking Spaces: Ask Agent
  • Parking Description:
  • Garage Spaces: Ask Agent
  • Garage Description:

Financial information

  • Taxes: $1,510.61
  • Tax Year: 2023
  • Assessments (HOA): Ask Agent
  • Assessments Include:
  • Special Assessments:
  • Is Distressed Sale: No

Property specific details

  • Year Built: 1906
  • Building Age: 36-50 Years
  • Total Number Of Units: 2
  • Number Of Stories: 2

chicagohome's network knowledge

  • Usable SqFt: Ask Agent
  • $'s/Usable SqFt: Ask Agent
  • Parcel Identification Number (PIN): 16113120290000
  • Subdivision Name:

Listing courtesy of @properties

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