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1301 Madison St Chicago, IL 60607

OFF-MARKET Retail properties & Spaces Google Maps
4,847 SF
Entity Owned 8-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US28-5799747

Property summary

AI-generated overview

This exceptional 4,847-square-foot retail space is ideally situated at 1301 W Madison St in Chicago's vibrant West Loop neighborhood, Cook County, Illinois, zip code 60607. Currently vacant, this single-tenant property offers immediate occupancy. The space boasts high visibility and is located in a high-traffic area, ensuring maximum exposure for your business. Previously configured as a physical therapy office, the existing build-out provides a flexible foundation for a variety of retail uses, minimizing upfront renovation costs. The property's size and layout are well-suited for a range of retail concepts, offering ample space for display, inventory, and customer interaction. Its prime location in the West Loop provides easy access to public transportation, ample parking options nearby, and a thriving community of residents and businesses. This is a rare opportunity to secure a prominent retail space in a highly desirable Chicago location. The property is classified as Commercial Retail and is ready for immediate lease. The address is 1301 W Madison Street, Chicago, IL 60607. The property is located in Cook County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,847 SF
UPID US28-5799747

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
  • Physician
  • Daycare Center
  • Gym & Fitness Center
  • Medical Clinic
  • Car Rental Facility

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
3 recorded transactions
2021
Price N/A
2017
$13.6M
2017
Price N/A

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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