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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    105 W Madison St, Chicago, IL 60602

    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-4787037
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 17-16-204-041
    UPID US28-4787037
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Endzel Law, LLC Law Firm Child Welfare Organization
    • Chicago Section Eight Landlord Law Firm
    • Goodman Tovrov Hardy & Johnson LLC Law Firm
    • Winsby Inc. Advertising Agency Marketing & Advertising
    • Amy M. Rubenstein Theater & Performing Art Venue
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ngw Retail Operations LLC
    Ngw Retail Operations LLC
    since 2025
    3 recorded transactions
    2025
    2022
    2019
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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