105 W Madison St Chicago, IL 60602
Property summary
This exceptional Class A retail space, totaling 4,700 square feet, is situated within a larger 134,220 square foot building at 105 W Madison St in Chicago's vibrant Loop. Built in 1928, this iconic property boasts prominent street-level frontage at the southwest corner of Madison and Clark Streets, a high-traffic area with 22,400 vehicles passing daily. The space is ideal for a variety of uses, including retail, restaurants, medical offices, or service-oriented businesses. Its location offers unparalleled accessibility, being less than two blocks from multiple CTA "L" stations and within a 15-minute walk of Ogilvie and Union train stations. The property benefits from proximity to major tourist attractions such as Millennium Park, Willis Tower, the Art Institute of Chicago, and Buckingham Fountain. The surrounding area is densely populated, with over 64,645 residents within a one-mile radius, boasting an average annual household income exceeding $140,700. A substantial daytime population of over 549,000 within a one-mile radius further enhances the property's appeal. The building itself features a single suite, making this a unique opportunity for a prominent tenant. This is a truly exceptional opportunity to establish a presence in one of Chicago's most desirable and high-traffic retail locations. Cook County location.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm Child Welfare Organization
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Law Firm
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Law Firm
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Advertising Agency Marketing & Advertising
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Theater & Performing Art Venue
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Chicago market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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