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    4535 W Madison St Chicago, IL 60624

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    For Lease
    $7 SF/Yr

    17,000 SF warehouse with drive-in doors and secured lot.

    Property Features for 4535 W Madison St

    General Information

    Standard status
    Active

    Source: STRAUSS REALTY LTD Agent ADAM SCHNEIDERMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Side Warehouse with Secured Lot

    A 17,000 square foot warehouse is available for lease on Chicago's West Side. The building features a remodeled office area and a 20-foot clear ceiling height. It includes four drive-in doors accessible via Kenton Avenue, the rear alley, and an adjacent secured lot with a rolling gate. The fully fenced lot is available for lease separately for an additional $3,000 per month, suitable for outdoor storage or parking. The property is strategically located in a transit-oriented area with visibility on Madison Street, which sees 15,800 vehicles per day. It is conveniently located between the CTA Blue and Green Lines and just north of I-290.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    StorageMart, Near2Me Self Storage Units, Royalty Reliance Rentals, Near Me Self Storage Units, Fox Movers Inc.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.739175
    Latitude
    41.8802643

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    FAQs

    What type of property is this?
    Warehouse - 17,000 SF warehouse with drive-in doors and secured lot.
    Where is this warehouse located?
    The property is located at 4535 W Madison St Chicago, IL.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 17,000 SF warehouse space.; - Four drive-in doors for easy access.; - Remodeled office space included.
    Request Owner's contact information
    4535 W Madison St Chicago, IL 60624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4535 W Madison St Chicago, IL 60624
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