Shopping Center with Two
For Lease
Contact for pricing
5233-5261 W Madison St, Chicago, IL 60644
Two-building shopping center leased at a two-story endcap and supported by 54 secure rear-lot parking spaces.
Space Size1,090 SF
Property Size22,634 SF
Lot Size0.90 Acres
Days on Market616
Property Features for 5233-5261 W Madison St
General Information
Standard status
Active
Size
1,090 SF
Total Parking Spaces
54
Lot size
0.90 Acres
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
secure rear lot
street parking
bike lanes
lighted intersection
Building Details
Building Size
22,634 SF
Construction
brick
Spaces For Lease
at 5233-5261 W Madison St Contact us- Floor
- 1
- Size
- 1,090 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
5233 - 5253 W Madison St
- 5225 W Madison Street contains 22,634 square feet across two buildings and is situated...
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Listing Agency:
Brookline Real Estate
(630) 590-5910
Listed By:
Bill Lundy
Source:
Moodyscre
Added: Dec 4, 2024
Changed: Aug 8
Last Checked: Aug 12 at 11:32AM
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 Brookline Real Estate
Investment Insights
Based on property information with market context.
5225 W Madison Street features a shopping center configuration across two buildings totaling 22,634 square feet on approximately 0.90 acres. The brick construction has been maintained and includes 54 parking spots in a secure, well-kept rear lot, with Madison Street also offering street parking and bike lanes.
The center is positioned near the lighted intersection of Madison Street and Laramie Avenue, just north of I-290, and benefits from its main thoroughfare exposure across from Walgreens and among several other nearby retailers.
The two-story endcap east building has recently anchored the center with a long-term lease signed by the University of Illinois Outreach Center. The differentiated tenant mix and contrasting rush hours are intended to create operational synergy across the property.
The center is positioned near the lighted intersection of Madison Street and Laramie Avenue, just north of I-290, and benefits from its main thoroughfare exposure across from Walgreens and among several other nearby retailers.
The two-story endcap east building has recently anchored the center with a long-term lease signed by the University of Illinois Outreach Center. The differentiated tenant mix and contrasting rush hours are intended to create operational synergy across the property.
Key Highlights
- 22,634 square feet across two buildings
- Approximately 0.90 acres
- Two‑story endcap east building leased long‑term to University of Illinois Outreach Center
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
56k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 46%
Electronics 6%
McDonald's
Dining
23,692 visits/mo
0.3 miles
BP
Shops & Services
10,560 visits/mo
0.3 miles
AutoZone
Shops & Services
5,310 visits/mo
0.3 miles
U.S. Bank
Shops & Services
4,946 visits/mo
0.1 miles
Advance Auto Parts
Shops & Services
3,716 visits/mo
0.4 miles
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$22.43 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
25,191 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- Madison-Central Plaza — 5602 W Madison St, Chicago, IL 60644
Frequently Asked Questions
What type of property is this?
Shopping center - Two-building shopping center leased at a two-story endcap and supported by 54 secure rear-lot parking spaces.
Where is this shopping center located?
The property is located at 5233-5261 W Madison St Chicago, IL.
What are key features of this property?
This property features: 22,634 square feet across two buildings; Approximately 0.90 acres; Two‑story endcap east building leased long‑term to University of Illinois Outreach Center
