Street-Level Retail
For Lease
Contact for pricing
555 W Madison St, Chicago, IL 60661
Street-level retail space with on-site parking and convenient access to major rail transportation hubs.
Property Size10,285 SF
Days on Market646
Property Features for 555 W Madison St
General Information
Standard status
Active
Size
10,285 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Frontline Real Estate Partners, LLC
(847) 542-9058
Listed By:
Matthew Tarshis · License #475156642
(847) 542-9058
Source:
Moodyscre
Added: Oct 23, 2024
Changed: Jul 26
Last Checked: Jul 29 at 3:17PM
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 Frontline Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This street-level retail storefront is located at the base of a high-rise apartment community, offering an attractive ground-floor configuration for retail uses. Parking is available on-site.
The property is steps from Ogilvie Transportation Center, Union Station, and multiple “L” stations, placing it in close proximity to major commuter rail and transit access. It is also positioned two blocks from the Madison Street feeder ramps, providing direct access to the Kennedy Expressway (Interstate 90 and Interstate 94) and Interstate 290, along with connections to surrounding parts of the city and the broader interstate system.
Demographic highlights include a daytime employment population of 492,000 within one mile and 94,000 residents within a one-mile radius, with an average household income of $108,577.
The property is steps from Ogilvie Transportation Center, Union Station, and multiple “L” stations, placing it in close proximity to major commuter rail and transit access. It is also positioned two blocks from the Madison Street feeder ramps, providing direct access to the Kennedy Expressway (Interstate 90 and Interstate 94) and Interstate 290, along with connections to surrounding parts of the city and the broader interstate system.
Demographic highlights include a daytime employment population of 492,000 within one mile and 94,000 residents within a one-mile radius, with an average household income of $108,577.
Key Highlights
- Street‑level retail space with on‑site parking and convenient access to major rail transportation hubs
- Steps from Ogilvie Transportation Center, Union Station, and multiple “L” stations
- Two blocks from Madison Street feeder ramps with direct access to I‑90/I‑94 and I‑290
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
23,709
Businesses Nearby
185k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 58%
Hotels & Casinos 18%
Dining 11%
Shops & Services 9%
H Mart
Groceries
57,270 visits/mo
0.3 miles
Whole Foods Market
Groceries
48,567 visits/mo
0.2 miles
Hampton Inn Chicago Downtown West Loop
Hotels & Casinos
16,073 visits/mo
0.2 miles
Crowne Plaza Chicago West Loop
Hotels & Casinos
10,607 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,222 visits/mo
0.3 miles
Demographics for 60661, IL
11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
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
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail space with on-site parking and convenient access to major rail transportation hubs.
Where is this retail space located?
The property is located at 555 W Madison St Chicago, IL.
What are key features of this property?
This property features: Street‑level retail space with on‑site parking and convenient access to major rail transportation hubs; Steps from Ogilvie Transportation Center, Union Station, and multiple “L” stations; Two blocks from Madison Street feeder ramps with direct access to I‑90/I‑94 and I‑290
