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West Loop Corner Property
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1418 W Madison St, Chicago, IL 60607

Corner property in Chicago's West Loop, ideal for redevelopment.

Property SizeContact for details
Lot Size0.43 Acres
Days on Market121

Property Features for 1418 W Madison St

General Information

Standard status Active
Lot size 0.43 Acres
Property subtype LAND
Listing Agency: SVN | Chicago - Corporate
Listed By: Scott R. Maesel · License #062060446
Source: Moodyscre
Added: Apr 28 Changed: Aug 8 Last Checked: Aug 25 at 1:41PM

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 SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

This corner property, located in the heart of Chicago's West Loop, presents a rare opportunity. The asset, offered as-is, features existing C2-3 zoning and encompasses approximately 18,753 square feet of land. It is strategically positioned at the intersection of Madison Avenue and Loomis Street, near the United Center and the upcoming 1901 Project, a $7 billion private investment on Chicago's Near West Side. The property is suited for residential rental, condominium, mixed-use redevelopment, or an owner-user opportunity in one of the city's most dynamic urban corridors.

Key Highlights

  • Prime corner location in Chicago's West Loop
  • 18,753 SF of land with existing C2‑3 zoning
  • Strategic location at the gateway to the United Center and the $7 billion 1901 Project

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Bed & Breakfast Tanning Salon Adult Day Care

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

Location Intelligence

Trade Area within ½ mile

7,409
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner property in Chicago's West Loop, ideal for redevelopment.
Where is this commercial land located?
The property is located at 1418 W Madison St Chicago, IL.
What are key features of this property?
This property features: Prime corner location in Chicago's West Loop; 18,753 SF of land with existing C2‑3 zoning; Strategic location at the gateway to the United Center and the $7 billion 1901 Project
(312) 676-1860 Call to check price and availability
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