Active

Price increase: $30K (5/29)

$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

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.

226 days

14

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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

$1,761/mo

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

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: West Garfield Park

Getting around

76 / 100

Very Walkable

71 / 100

Excellent Transit

64 / 100

Bikeable

Nearby schools

GreatSchools rating

3/10
Spencer Technology Acad Elementary School
Grades: PK-8Distance: 0.5 mi
NA
Manley Career Academy High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.