Prime Retail Space on
For Lease
Contact for pricing
9 W Madison St, Chicago, IL
Retail space in high-traffic Chicago Building near public transit.
Space Size5,300 SF
Lot Size0.22 Acres
Days on Market1092
Property Features for 9 W Madison St
General Information
Standard status
Active
Size
5,300 SF
Lot size
0.22 Acres
Property subtype
RETAIL
Spaces For Lease
at 9 W Madison St
2 South State St
AVAILABLE, Now
Floor
2
Size
5,300 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Chicago Building houses 190 student residence facility for the School of the Art Institute
- Second busiest pedestrian block along State with a daily weekday average of 20,278 pedestrians between Madison & Monroe
- Red Line “L” stop at Monroe one block south with 3.3 million annual riders
Contact us
Listing Agency:
Mid-America Real Estate Group | Oakbrook Terrace
(630) 954-7300
Listed By:
Jaime Bertsche
(630) 954-7223
Source:
Moodyscre
Added: Oct 26, 2023
Changed: Oct 7
Last Checked: Oct 20 at 10:13PM
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 Mid-America Real Estate Group | Oakbrook Terrace
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Investment Insights
Based on property information with market context.
This retail space is located in the Chicago Building, which houses a 190-student residence facility for the School of the Art Institute. Situated on State Street, the property benefits from high pedestrian traffic, with an average of 20,278 pedestrians daily between Madison and Monroe Streets. The building is one block north of the Red Line 'L' stop at Monroe, which serves approximately 3.3 million annual riders. The property offers 5,300 square feet of space.
Key Highlights
- Student residence facility for the School of the Art Institute.
- Located in the Chicago Building.
- High pedestrian traffic: 20,278 daily average on weekdays.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
35,699
Businesses Nearby
94k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 38%
Shops & Services 34%
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
0.3 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.1 miles
McDonald's
Dining
9,419 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in high-traffic Chicago Building near public transit.
Where is this retail space located?
The property is located at 9 W Madison St Chicago, IL.
What are key features of this property?
This property features: Student residence facility for the School of the Art Institute.; Located in the Chicago Building.; High pedestrian traffic: **20,278 daily average on weekdays.**
