1219 Madison Ave, Chicago, IL 60607
This exceptional two-story building, located in the desirable West Loop, offers a rare opportunity for lease. The newly renovated space boasts approximately 8,000 square feet, divided into two 4,000-square-foot floors. The first floor features impressive 17.5-foot ceilings, while the second floor offers a combination of 10.6-foot and 15.4-foot ceilings. A lower level, also approximately 4,000 square feet, provides additional space with 7.5-foot ceilings. The property includes a valuable second-floor patio and a sizable rear lot, adding significant outdoor amenity space. The building sits on an 8,550-square-foot lot with 50 feet of frontage. Convenient gated parking in the rear provides eight spaces, including one wider space for handicap accessibility. The property is zoned DX-3 and its Cook County APN is 17-17-105-011-0000. This unique property is ideally suited for owner-users, law firms, or tech companies seeking a prestigious and functional space in a vibrant location. The entire 12,000 square foot building is currently vacant and available for lease. Minimum leasable space is 4,000 square feet, with a maximum contiguous space of 8,000 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.