Retail Space for Quick-Service
120 W Madison St, Chicago, IL 60602
For Lease
Contact for pricing
Lease opportunity positioned among office, civic, theater, hotel, and public transportation destinations.
Space Size1,361 SF
Days on Market845
Property Features for 120 W Madison St
General Information
Standard status
Size
Property subtype
Space & Availability
Space Use
Available From
Site & Location
Neighborhood
Spaces For Lease
at 120 W Madison St
120 W Madison St
AVAILABLE, Now
Floor
LL
Size
1,361 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Now available for lease, retail 120 W Madison Street - Retail located at 120 W Madison St Chicago, Illinois 60602-4103.
- Located in the densely populated central loop corridor, this retail opportunity is ideal for two quick-service restaurant users.
- Steps from the chase plaza, citadel center, city hall, james r. thompson center and the richard j. daley
- Center, 120 w. madison serves a captive daytime office
- Population of more than 566,858 employees within a two-block radius.
- In addition to its office positioning
- 120 w. madison is situated among some of chicago’s finest institutions, including the cadillac palace theatre,
- Oriental theatre and the private bank theatre, as well as seven hotels within a two-block radius.
- The site is surrounded by notable national, regional and local
- Tenants and is accessible by all modes of transportation
- Including the washington/wells blue line station and the madison & clark bus station.
- Please contact us for further information.
Contact us
Listing Agency:
JLL - Corporate
(312) 782-5800
Listed By:
Peter Caruso · License #475144084
(312) 228-2926
Source:
Moodyscre
Added: Jul 16, 2024
Changed: Oct 26
Last Checked: Nov 6 at 11:57AM
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 JLL - Corporate
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Investment Insights
Based on property information with market context.
The 1,361-square-foot retail space at 120 W Madison Street is available for lease and is positioned for quick-service restaurant use. The property is located in Chicago’s Central Loop corridor, surrounded by office, civic, cultural, hotel, and retail activity.
The surrounding area includes Chase Plaza, Citadel Center, City Hall, the James R. Thompson Center, and the Richard J. Daley Center. Nearby cultural destinations include the Cadillac Palace Theatre, Oriental Theatre, and PrivateBank Theatre, with seven hotels within a two-block radius. The site is accessible by multiple transportation modes, including the Washington/Wells Blue Line station and the Madison & Clark bus station.
The surrounding area includes Chase Plaza, Citadel Center, City Hall, the James R. Thompson Center, and the Richard J. Daley Center. Nearby cultural destinations include the Cadillac Palace Theatre, Oriental Theatre, and PrivateBank Theatre, with seven hotels within a two-block radius. The site is accessible by multiple transportation modes, including the Washington/Wells Blue Line station and the Madison & Clark bus station.
Key Highlights
- 1,361‑square‑foot retail space available for lease
- Positioned for two quick‑service restaurant users
- Located at 120 W Madison Street in Chicago’s Central Loop corridor
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
41,763
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 47%
Dining 30%
Apparel 18%
Shops & Services 6%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.3 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
Lou Malnati's Pizzeria
Dining
7,637 visits/mo
0.5 miles
The Smith
Dining
6,546 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,222 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$24.76 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,755 SF
Avg Space Size
Average Price Trend$/SF/Yr for Retail space in Chicago, IL
Properties on Market for Retail space in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Lease opportunity positioned among office, civic, theater, hotel, and public transportation destinations.
Where is this retail space located?
The property is located at 120 W Madison St Chicago, IL.
What are key features of this property?
This property features: 1,361‑square‑foot retail space available for lease; Positioned for two quick‑service restaurant users; Located at 120 W Madison Street in Chicago’s Central Loop corridor
