This exceptional 1,125-square-foot retail space is ideally situated at 727 W Madison St in Chicago, Illinois, within Cook County. The single-story building offers a completely vacant space, presenting a unique opportunity for a new tenant to establish a presence in a thriving area. The property boasts impressive 14-foot ceilings, providing ample space and design flexibility. Its strategic location at the base of a 492-unit luxury residential building ensures high foot traffic and visibility. This prime location benefits from strong co-tenancy with established businesses such as Chase Bank, Solidcore, and AT&T. The surrounding area is further enhanced by the presence of major retailers including Whole Foods, Orange Theory, Ulta, and Mariano's, as well as a new mixed-use development adding over 580 residential units. The intersection of Madison and Halsted streets provides excellent accessibility and exposure for any business. This is a rare opportunity to secure a prominent retail space in a rapidly developing and highly desirable Chicago neighborhood. The property is zoned for commercial use and is ready for immediate occupancy. The address is 727 W Madison St, Chicago, IL 60661.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$130,218
Hospitality
$119,279
Educational
$99,239
Medical
$102,651
Retail
$154,371
Location Insight
City
Chicago
County
Cook
State
Illinois
Latitude
41.8825
Longitude
-87.6469
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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