Property profile

2317 Madison St Chicago, IL 60612

OFF-MARKET
Retail properties & Spaces
60,000 SF
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Property summary

AI-generated overview

This exceptional 1,040 square foot retail space is located within the vibrant Madison Pavillion, a newly constructed strip center in Chicago's bustling West Loop neighborhood. Situated at the high-traffic southeast corner of Madison and Western Avenues in Cook County, Illinois, this property offers unparalleled visibility and accessibility. The center boasts ample parking, ensuring convenient access for customers. This space is part of a thriving retail environment anchored by Pete's Fresh Market and complemented by a diverse mix of established businesses. Co-tenants include Domino's Pizza, Metro PCS, Chase Bank, Subway, additional restaurants, and a nail salon, creating a synergistic and attractive retail ecosystem. The entire Madison Pavillion building encompasses 60,000 square feet, providing a strong sense of community and shared customer base. The property's address is 2317 W Madison St, Chicago, IL 60612, within Cook County. This prime location offers significant potential for a variety of retail businesses seeking high visibility and a strong customer base in a well-established commercial area. The property is classified as multi-tenant retail. This is a rare opportunity to secure a space in a thriving, newly constructed center.

Property profile

Verified
Property type Retail properties & Spaces
Total area 60,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Loan Service Bank

Location

2317 Madison St Chicago, IL 60612
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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