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Corner Bi-Level Retail Space
For Lease
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801 W Madison Street, Chicago, IL 60661

Positioned beneath a boutique hotel at a lighted intersection serving Chicago’s West Loop and Fulton Market District.

Space Size8,779 SF - 11,960 SF
Property Size20,739 SF
Days on Market62

Property Features for 801 W Madison Street

General Information

Standard status Active
Size 8,779 SF - 11,960 SF
Property subtype Retail

Building Details

Building Size 20,739 SF
Tenancy Multiple

Spaces For Lease

at 801 W Madison Street Contact us

#Ground Floor

Size
11,960 SF
Type
Retail
Availability
Active
Contact us

#Lower Level

Size
8,779 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Canvas Real Estate
Listed By: Quinn Thomas · License #475185729
Source: Crexi
Added: Jul 2 Changed: Aug 30 Last Checked: Aug 31 at 8:53AM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This bi-level retail space occupies the ground level of The Neighborhood Hotel at 801 W. Madison Street. Its corner position at Madison and Halsted Streets places the property at a lighted intersection with activity throughout the week.

The surrounding West Loop and Fulton Market District context includes residential towers, hotels, entertainment venues, restaurants, boutiques, and office development. The area also offers access to multiple transportation options and routes, supporting connections for commuters from nearby suburbs and neighborhoods.

The property is situated near Chicago’s dense West Loop residential population and Fulton Market’s established office market, with additional office, retail, and residential projects planned or proposed nearby.

Key Highlights

  • Bi‑level retail space at the base of The Neighborhood Hotel
  • Corner position at Madison and Halsted Streets
  • Lighted intersection with seven‑day‑a‑week traffic

Property Analytics

Current Use

The Neighborhood Hotel West ... Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Restaurant Adult Day Care Tanning Salon

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

10,224
Businesses Nearby
394k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 29% Groceries 27% Dining 26% Hotels & Casinos 8%
Target Superstores
112,849 visits/mo 0.4 miles
H Mart Groceries
57,270 visits/mo 0.3 miles
Whole Foods Market Groceries
48,567 visits/mo 0.2 miles
Punch Bowl Social Dining
48,113 visits/mo 0.4 miles
Hampton Inn Chicago Downtown West Loop Hotels & Casinos
16,073 visits/mo 0.4 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

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Positioned beneath a boutique hotel at a lighted intersection serving Chicago’s West Loop and Fulton Market District.
Where is this retail space located?
The property is located at 801 W Madison Street Chicago, IL.
What are key features of this property?
This property features: Bi‑level retail space at the base of The Neighborhood Hotel; Corner position at Madison and Halsted Streets; Lighted intersection with seven‑day‑a‑week traffic
(312) 231-2600 Call to check price and availability
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