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    5042 W Madison St Chicago, IL 60644

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Chicago, IL

    Type:Retail
    Days on Market:
    115
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 5042 W Madison St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active

    Building Details

    Year built
    1914
    Floors in Building
    1

    RE/MAX City (773) 775-0600 [email protected]

    Listing agent Jose Tenezaca (773) 715-9668

    Listing date Sep 13, 2025

    Copyright © 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.

    Overview

    Retail Storefront on Madison Avenue

    This retail space is available for rent on Madison Avenue in Chicago, Illinois. The property is suitable for various business ventures, including a clothing store or barber shop.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7518516
    Latitude
    41.880668

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    FAQs

    What type of property is this?
    Retail space - Store for rent with many possibilities on Madison Avenue.
    Where is this retail space located?
    The property is located at 5042 W Madison St Chicago, IL.
    What are key features of this property?
    This property features: - Store for rent on Madison Avenue.; - Many possibilities for use (clothing store, barber shop, etc.).; - Located in a building built in 1914.
    (773) 715-9668
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    5042 W Madison St Chicago, IL 60644
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    Chicago, IL 60644
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5042 W Madison St Chicago, IL 60644
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