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Retail Space at Madison Corner
For Lease
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4247 West Madison Street, Chicago, IL 60624

Retail space for sublease at a hard corner location.

Space SizeContact for details
Days on Market208

Property Features for 4247 West Madison Street

General Information

Standard status Active
Property subtype Retail

Spaces For Lease

at 4247 West Madison Street Contact us

4247 W. Madison (Sublease)

Type
Free Standing Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Newmark | Chicago
Listed By: Holly Estler
Source: Nmrk
Added: Jan 27 Changed: Aug 23 Last Checked: Aug 23 at 4:18AM

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 Newmark | Chicago

Investment Insights

Based on property information with market context.

This retail space is available for sublease and is situated at the hard corner of Madison and Kildare.

Key Highlights

  • Hard corner location at Madison and Kildare.
  • Sublease opportunity, property is for sublease.
  • Located on Madison and Kildare.

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

1,149
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Apparel 18%
BP Shops & Services
9,248 visits/mo 0.5 miles
Mobil Shops & Services
6,963 visits/mo 0.5 miles
U-Haul Shops & Services
1,818 visits/mo 0.3 miles
Foot Locker Apparel
1,684 visits/mo 0.3 miles
Rainbow Apparel
1,326 visits/mo 0.3 miles

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for sublease at a hard corner location.
Where is this retail space located?
The property is located at 4247 West Madison Street Chicago, IL.
What are key features of this property?
This property features: Hard corner location at Madison and Kildare.; Sublease opportunity, property is for sublease.; Located on Madison and Kildare.
More about this property
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