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    1142-1144 W Madison St Chicago, IL 60607

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    For Lease
    $26 SF/Yr ($2,608 /Mo)

    Fantastic office spaces with exposed brick, hardwood floors, and timber ceilings.

    Property size:
    1,204 SF
    Lot size:
    0.29 Acres

    Property Features for 1142-1144 W Madison St

    General Information

    Size
    1,204 SF
    Lot size
    0.29 Acres

    Source: CRE Advising Agent Marc Bombicino

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

    Overview

    West Loop Office Space Available

    Office spaces are available for lease in the West Loop neighborhood. The spaces feature exposed brick and ductwork, original and well-preserved hardwood floors, and timber ceilings. Unit 405 includes a conference room and kitchenette. Unit 500 is built out with an open workspace, kitchenette, one conference room, and three private offices, two of which are large enough to serve as additional conference rooms, and a rooftop deck. Flexible lease terms and included furniture are available. The building provides a tenant bike room with storage and free shared bikes. The property is a secure building with a grand lobby, elevator, and loading dock access. It offers convenient access to 90/94 (Kennedy & Eisenhower Expressways) and the CTA Morgan Green/Pink L station. The location is near restaurants, retail, and nightlife. The neighborhood includes a mix of loft office space, residential condominiums and apartments, nightclubs, bars, and premier restaurants and retail shops. The zoning is DX-3.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm 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
    -87.6559866
    Latitude
    41.8819001

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    FAQs

    What type of property is this?
    Office space - Fantastic office spaces with exposed brick, hardwood floors, and timber ceilings.
    Where is this office space located?
    The property is located at 1142-1144 W Madison St Chicago, IL.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Prime West Loop location, steps from restaurants, retail, and nightlife.; - Unit 500 features a **private rooftop deck**, open workspace, kitchenette, conference room, and three private offices; furniture included and flexible terms available.; - **Unique architectural details**: exposed brick & ductwork, original hardwood floors, and timber ceilings.
    (312) 448-6401
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    1142-1144 W Madison St 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
    1142-1144 W Madison St Chicago, IL 60607
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