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Mixed-Use Building with Courtyard
For Lease
$52.50 SF/Yr

1219 W Madison Street, Chicago, IL 60607

ADA-compliant commercial space offers customizable layouts, high ceilings, secured parking, and a private outdoor area.

Space Size4,000 SF
Days on Market71

Property Features for 1219 W Madison Street

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF
Total Parking Spaces 7
Property subtype COMMERCIAL

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF
Floor 1
Space Use Office

Site & Location

Neighborhood Near West Side

Taxes and HOA fees

Annual Taxes $69,765

Amenities

private courtyard/patio

Building Details

Year Built 2004
Construction steel frame
Abandoned No
Listing Agency: @properties Christie's International Real Estate
Listed By: Jovanka Corazzina · License #475179166
Source: Joy-residential
Added: Aug 21 Changed: Oct 29 Last Checked: Oct 26 at 4:06PM

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 @properties Christie's International Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located at 1219 W Madison St in Chicago’s West Loop, this 2004 steel-frame mixed-use property provides approximately 4,000 square feet of commercial space on the first level, with 17.5-foot ceilings and a layout that can be adapted to operational requirements. The building is ADA-compliant and includes a 4,000-square-foot lower level, creating additional room for business functions, storage, or support space.

A private courtyard or patio extends the usable environment, while seven secured on-site parking spaces add convenience. The property occupies a rare double lot on Madison Street, with proximity to restaurants, retailers, offices, and residential developments. The space is positioned for professional, showroom, medical, wellness, creative, or experiential retail uses identified for the first floor.

Key Highlights

  • Approximately 4,000 square feet of customizable first‑floor commercial space
  • 17.5‑foot ceilings on the first level
  • 4,000‑square‑foot lower level

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

OnPoint Patterns - Digitizing, ... Industrial Manufacturer O'Connor Casting Company Employment Agency Blowout Junkie Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Veterinary Clinic Adult Day Care Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$7.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,876
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$26.96 /SF/Yr
Avg Asking Price
$10–$52 /SF/Yr
Price Range
30,666 SF
Avg Space Size

This space is priced 95% above the average of $26.96 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - ADA-compliant commercial space offers customizable layouts, high ceilings, secured parking, and a private outdoor area.
Where is this mixed-use property located?
The property is located at 1219 W Madison Street Chicago, IL.
What is the lease rate?
The lease rate is $52.50 SF/Yr.
What are key features of this property?
This property features: Approximately 4,000 square feet of customizable first‑floor commercial space; 17.5‑foot ceilings on the first level; 4,000‑square‑foot lower level
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