Prime development opportunity on Chicago's West Side! This vacant lot offers 4375 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.
Active
$30,000
4722 W Madison St, Chicago, IL 60644
--beds
--baths
4,325Square Feet
Unimproved Land
Built in ----
4,325 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 272 days
- 22
- 1
Zillow last checked:
Listing updated:
Listed by:
Michael Tanzillo 847-381-9500,
Keller Williams Success Realty
Source: MRED as distributed by MLS GRID,MLS#: 12523998
Facts & features
Property
Features
- Frontage length: 25
Lot
- Size: 4,325 Square Feet
- Dimensions: 25x173
Details
- Parcel number: 16103280230000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Nearby, Natural Gas Nearby
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $56,880
- Annual tax amount: $600
- Date on market: 1/8/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Price change | $30,000 |
Source:  MRED as distributed by MLS GRID #12523998 Report a problem | ||
| 4/30/2026 | Price change | -- |
Source: MRED as distributed by MLS GRID #12523998 Report a problem | ||
| 4/23/2026 | Price change | $30,000-78.6% |
Source: MRED as distributed by MLS GRID #12523998 Report a problem | ||
| 1/8/2026 | Listed for sale | $140,000+300% |
Source: MRED as distributed by MLS GRID #12523998 Report a problem | ||
| 5/15/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11732576 Report a problem | ||
| 3/7/2023 | Listed for sale | $35,000 |
Source: MRED as distributed by MLS GRID #11732576 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,143 +90.5% | $5,688 +100.1% |
| 2023 | $600 +2.6% | $2,843 |
| 2022 | $585 +2.3% | $2,843 |
| 2021 | $572 -9.7% | $2,843 |
| 2020 | $633 +10.9% | $2,843 |
| 2019 | $571 +1.7% | $2,843 |
| 2018 | $562 +8.4% | $2,843 +18.2% |
| 2017 | $518 +7.5% | $2,406 |
| 2016 | $482 +9.3% | $2,406 |
| 2015 | $441 -1.2% | $2,406 |
| 2014 | $446 +2% | $2,406 |
| 2013 | $438 +23.4% | $2,406 +17.5% |
| 2001 | $355 +1.1% | $2,047 |
| 2000 | $351 -0.7% | $2,047 +12.1% |
| 1999 | $353 | $1,826 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: West Garfield Park
Nearby schools
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