Stabilized Multi-Unit Retail
For Sale
Contact for pricing
Pending
105 West Madison Street, Chicago, IL 60602
Fee simple retail with three street-level units and partial second floor, stabilized by 100% leasing plus a cell tower lease.
Property Size6,700 SF
Days on Market105
Property Features for 105 West Madison Street
General Information
Standard status
Pending
Size
6,700 SF
Property subtype
Retail
Zoning
DC-16
Occupancy
100%
Investment Type
Stabilized
Additional Details
Traffic Count
12,100 vehicles/day
Building Details
Year Built
1928
Year Renovated
2017
Units
3
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #471022713
Source:
Crexi
Added: May 8
Changed: Aug 14
Last Checked: Aug 13 at 4:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
This fee simple retail investment consists of 6,700 square feet along a high-traffic corridor, with three street-level units and partial second floor. The offering is described as a stabilized asset with 100% leased income, including a cell tower lease. Tenant occupancy includes Dunkin’, Subway, and Nature’s Grace and Wellness, complemented by Verizon cell tower license agreement income.
The property is positioned at the southwest corner of Clark and Madison in Chicago’s Loop, directly off a signalized intersection. The corridor is described as heavy pedestrian traffic and 12,100 vehicles per day. Multiple CTA “L” stations (Pink, Purple, Brown, and Orange) are located less than two blocks away, and both Ogilvie and Union commuter rail stations are within a 15-minute walk.
The Loop is noted as Chicago’s primary business and financial district, and the listing cites Millennium Park, Willis Tower, The Art Institute of Chicago, and Buckingham Fountain as within walking distance. Nearby institutional investment is highlighted, including JPMorgan Chase renovating its Loop headquarters across the street to the east and Google completing redevelopment of the Thompson Center two blocks north.
The property is positioned at the southwest corner of Clark and Madison in Chicago’s Loop, directly off a signalized intersection. The corridor is described as heavy pedestrian traffic and 12,100 vehicles per day. Multiple CTA “L” stations (Pink, Purple, Brown, and Orange) are located less than two blocks away, and both Ogilvie and Union commuter rail stations are within a 15-minute walk.
The Loop is noted as Chicago’s primary business and financial district, and the listing cites Millennium Park, Willis Tower, The Art Institute of Chicago, and Buckingham Fountain as within walking distance. Nearby institutional investment is highlighted, including JPMorgan Chase renovating its Loop headquarters across the street to the east and Google completing redevelopment of the Thompson Center two blocks north.
Key Highlights
- Fee simple retail built in 1928 at the SW corner of Clark & Madison in Chicago’s Loop
- 6,700 SF retail with 3 street‑level units and partial second floor
- Stabilized 100% leased income producing investment plus a cell tower lease
Property Analytics
Property Profile
Current Use
Lease Details
12,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
37,490
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 39%
Shops & Services 33%
Apparel 15%
Dining 13%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.4 miles
BP
Shops & Services
25,664 visits/mo
0.5 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.1 miles
McDonald's
Dining
9,419 visits/mo
0.5 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.5 miles
Demographics for 60602, IL
1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Fee simple retail with three street-level units and partial second floor, stabilized by 100% leasing plus a cell tower lease.
Where is this storefront property located?
The property is located at 105 West Madison Street Chicago, IL.
What are key features of this property?
This property features: Fee simple retail built in 1928 at the SW corner of Clark & Madison in Chicago’s Loop; 6,700 SF retail with 3 street‑level units and partial second floor; Stabilized 100% leased income producing investment plus a cell tower lease
