Retail Space for Cafe or Quick
New
For Lease
Contact for pricing
123 W Madison St, Chicago, IL 60603
Open retail space well-suited for a cafe or quick food service, available for lease.
Property Size1,938 SF
Days on Market4
Property Features for 123 W Madison St
General Information
Standard status
Active
Size
1,938 SF
Property subtype
RETAIL
Lease Type
SF/yr
Amenities
natural light
Listing Agency:
Willard Jones Real Estate
(312) 263-8787
Listed By:
Jonathan Zimmerman · License #471009051
Source:
Moodyscre
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 9:04AM
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 Willard Jones Real Estate
Investment Insights
Based on property information with market context.
This retail space is an open-layout option well-suited for a cafe or quick food service. The available area totals 1,938 square feet, offering a compact footprint for a food concept.
The property is located at 123 W Madison St in Chicago, IL 60603 and is offered as a leasing opportunity (for rent), with flexibility for an operator looking for an efficient, easy-to-configure space.
If you’re looking for a straightforward retail setting designed around quick-service needs, this open space format provides a clean starting point for tenant buildout and day-to-day operations within the 1,938 SF offering.
The property is located at 123 W Madison St in Chicago, IL 60603 and is offered as a leasing opportunity (for rent), with flexibility for an operator looking for an efficient, easy-to-configure space.
If you’re looking for a straightforward retail setting designed around quick-service needs, this open space format provides a clean starting point for tenant buildout and day-to-day operations within the 1,938 SF offering.
Key Highlights
- 1,938 square feet of open retail space
- Well‑suited for a cafe or quick food service
- Available for rent
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
38,744
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 59%
Apparel 22%
Shops & Services 14%
Dining 4%
theWit Chicago - a DoubleTree by Hilton Hotel
Hotels & Casinos
35,939 visits/mo
0.5 miles
Saks OFF 5TH
Apparel
13,751 visits/mo
0.3 miles
FedEx Office Print & Ship Center
Shops & Services
4,436 visits/mo
0.4 miles
Fifth Third Bank & ATM
Shops & Services
4,367 visits/mo
0.5 miles
McCormick & Schmick's
Dining
2,731 visits/mo
0.5 miles
Demographics for 60603, IL
1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
This space is priced 56% above the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Open retail space well-suited for a cafe or quick food service, available for lease.
Where is this retail space located?
The property is located at 123 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: 1,938 square feet of open retail space; Well‑suited for a cafe or quick food service; Available for rent
