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    727 Madison St Chicago, IL 60661

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    Contact for pricing

    Prime Chicago Retail Space - 1,125 SF

    Lot size:
    1,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 1,125-square-foot retail space is ideally situated at 727 W Madison St in Chicago, Illinois, within Cook County. The single-story building offers a completely vacant space, presenting a unique opportunity for a new tenant to establish a presence in a thriving area. The property boasts impressive 14-foot ceilings, providing ample space and design flexibility. Its strategic location at the base of a 492-unit luxury residential building ensures high foot traffic and visibility. This prime location benefits from strong co-tenancy with established businesses such as Chase Bank, Solidcore, and AT&T. The surrounding area is further enhanced by the presence of major retailers including Whole Foods, Orange Theory, Ulta, and Mariano's, as well as a new mixed-use development adding over 580 residential units. The intersection of Madison and Halsted streets provides excellent accessibility and exposure for any business. This is a rare opportunity to secure a prominent retail space in a rapidly developing and highly desirable Chicago neighborhood. The property is zoned for commercial use and is ready for immediate occupancy. The address is 727 W Madison St, Chicago, IL 60661.

    Property Features for 727 Madison St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,125 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,125 SF

    HighLights

    • ±1,125 SF retail space with 14‑foot ceilings.
    • Located at the base of a 492‑unit luxury residential building.
    • Strong co‑tenancy with Chase Bank, Solidcore, and AT&T.
    • Excellent location near Whole Foods, Orange Theory, Ulta, Mariano's, and a new 580+ unit mixed‑use development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    727 West Madison Apartment Rental Agency Rahul Rana Photography Wedding Photographer 727 W. Madison ... Parking Garage Voyage Software Company Lucury slage Jewish Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6467828
    Latitude
    41.8814312

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    FAQs

    What type of property is this?
    Retail property - Prime Chicago Retail Space - 1,125 SF
    Where is this retail property located?
    The property is located at 727 Madison St Chicago, IL.
    What are key features of this property?
    This property features: ±1,125 SF retail space with 14-foot ceilings.; Located at the base of a 492-unit luxury residential building.; Strong co-tenancy with Chase Bank, Solidcore, and AT&T.
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    Chicago, IL 60661
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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
    727 Madison St Chicago, IL 60661
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