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    1301-1329 W Madison St Chicago, IL 60607

    For Lease
    $40 SF/Yr ($16,156 /Mo)

    Retail space in high-traffic West Loop location, ready for occupancy.

    Property size:
    4,847 SF
    Lot size:
    1.86 Acres

    Property Features for 1301-1329 W Madison St

    General Information

    Size
    4,847 SF
    Lot size
    1.86 Acres

    Source: CRE Advising Agent Steve Horvath

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Loop Retail Space Available

    This retail space, totaling 4,847 square feet, is available for rent in a prime West Loop location. The space is currently built out as a physical therapy office but is suitable for a variety of retail uses. The location benefits from high visibility and heavy foot traffic, surrounded by a mix of restaurants, arts, and new tech companies. The area features inventive, global eateries and major retailers, along with luxurious residential, office, and apartment buildings. Neighboring restaurants include Au Cheval, The Girl and the Goat, Little Goat, and Nobu. Nearby hotels include Soho House Hotel, Nobu Hotel, and Equinox Hotel. Additional annual expenses include HOA fees of $3.62 per square foot, CAM fees of $1.62 per square foot, and taxes of $8.82 per square foot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6603178
    Latitude
    41.881242

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    FAQs

    What type of property is this?
    Retail space - Retail space in high-traffic West Loop location, ready for occupancy.
    Where is this retail space located?
    The property is located at 1301-1329 W Madison St Chicago, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - Prime West Loop location with high visibility and foot traffic.; - Versatile retail space suitable for various uses.; - Surrounded by popular restaurants (Au Cheval, Girl & the Goat, Nobu) and hotels (Soho House, Nobu, Equinox).
    (312) 448-6401
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    Chicago, IL 60607
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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
    1301-1329 W Madison St Chicago, IL 60607
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