West Loop Retail Space
For Lease
Contact for pricing
1141 W Madison St, Chicago, IL
Retail space in high-traffic West Loop location.
Space SizeContact for details
Property Size2,900 SF
Lot Size0.07 Acres
Days on Market252
Property Features for 1141 W Madison St
General Information
Standard status
Active
Size
2,900 SF
Lot size
0.07 Acres
Property subtype
RETAIL
Listing Agency:
Metro Commercial Real Estate - Corporate
(847) 849-1026
Listed By:
Hannah Perl
(847) 849-1026
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:25AM
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 Metro Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
This 2,900-square-foot retail space is located in a highly populated area of the West Loop neighborhood. The property benefits from substantial foot and vehicle traffic. The existing layout includes an open area, a full bathroom, and a kitchen. While currently configured as a salon, the space is suitable for a variety of retail uses. The location offers convenient access to the Kennedy and Eisenhower Expressways (I-90/94), as well as the CTA Morgan Green/Pink Line station. The surrounding neighborhood features a mix of loft office space, residential condominiums and apartments, restaurants, taverns, nightclubs, and street retail. The property is situated near numerous restaurants, retail establishments, and nightlife options.
Key Highlights
- Highly populated West Loop location with high foot and vehicle traffic.
- Easy access to 90/94 (Kennedy & Eisenhower Expressways) and CTA Morgan Green/Pink Line station.
- Includes open space, full bathroom, and kitchen.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,582
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 45%
McDonald's
Dining
30,939 visits/mo
0.1 miles
Shell
Shops & Services
13,121 visits/mo
0.5 miles
BP
Shops & Services
8,698 visits/mo
0.2 miles
U.S. Bank
Shops & Services
7,983 visits/mo
0.1 miles
Church's Chicken
Dining
7,802 visits/mo
0.5 miles
Market
Lease Benchmarks for Chicago, IL
$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in high-traffic West Loop location.
Where is this retail space located?
The property is located at 1141 W Madison St Chicago, IL.
What are key features of this property?
This property features: Highly populated West Loop location with high foot and vehicle traffic.; Easy access to 90/94 (Kennedy & Eisenhower Expressways) and CTA Morgan Green/Pink Line station.; Includes open space, full bathroom, and kitchen.
