Mixed-Use Land for Sale in Chicago, Illinois

2943 W Madison St, Chicago, IL 60612

$469,999

0.44 acres

Active

$5k drop

Est $3,635/mo

Located just 1.4 miles from the transformative 1901 Development, this property presents outstanding potential for mixed-use investment. Zoned C1-1, it's well-suited for both commercial and residential development. The site offers excellent access to public transportation and is surrounded by a growing range of amenities. With East Garfield Park experiencing rapid revitalization, this is a strategic opportunity for investors looking to capitalize on future growth.

Location

Street address: 2943 W Madison St
County: Cook County
Community: CHI - East Garfield Park
Elevation: 597 feet
Coordinates: 41.8808, -87.7005

Land for sale in Illinois

Directions

I-290 to California to W. Madison to Property

Property details

Lot size: 0.44 acres19,166 sq ft
MLS #: MRED 12466272
Posted: Sept 9, 20253 months ago

Property taxes

2024: $5,127

Parcels

16131030470000

Listing history

Date	Event	Price	Change	Source
Oct 6, 2025	Price drop	$469,999	$5,001 -1.1%	MRED
Sept 9, 2025	New listing	$475,000	—	MRED

Payment calculator

This 0.44-acre property is located at 2943 W Madison St in Chicago, IL 60612. The property is available for sale for $469,999.

Listed by Jameson Sotheby's International Realty, (312) 335-3291, Source

Checked 1 hour ago — Updated Nov 18, 2025

Report listing issue

Copyright (C) 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules

By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.

Contact