List Search

105 W Madison St
Chicago, IL 60602 Chicago Loop

Price Upon Request

Office Residential Condo For Sale  •  6,700 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 139,000 SF
  • Lot Size 0.3 AC
  • Building Class B
  • Year Built 1927
  • Tenancy Multiple
  • Zoning DC-16
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1, 2, & 3 Retail 6,700 SF Price Upon Request
  • Unit Size: 6,700 SF
  • Condo Use: Retail
  • Price: Price Upon Request
  • Sale Type: Investment
Description
Storefront Retail feautring Nature's Grace & Wellness, Dunkin', and Subway.

Sale Notes
Located at the southwest corner of Clark and Madison, 105 W. Madison is one of the most iconic retail locations in Chicago's Loop. This fee simple retail consists of 6,700 square feet with 12,100 vehicles per day, heavy pedestrian traffic, and one of the best view corridors in all of downtown. The offering features a stabilized 100% leased income-producing investment across three (3) street-level units and partial second floor, along with a cell tower lease. The diverse tenant mix includes Dunkin’, Subway, and Nature’s Grace and Wellness, complemented by an annuity from a Verizon cell tower license agreement. Located in one of Chicago's densest commercial hubs, the asset sits within a premier trade area featuring a population of over 401,312 and an average household income exceeding $148,000 within three (3) miles. The property further benefits from significant nearby institutional investment, with JPMorgan Chase renovating its Loop headquarters directly across the street to the east and Google completing a $280 million redevelopment of the Thompson Center into its new Chicago headquarters, two (2) blocks to the north, collectively adding over 15,000 new employees to the immediate area.

Description 

Located at the southwest corner of Clark and Madison, 105 W. Madison is one of the most iconic retail locations in Chicago's Loop. This fee simple retail consists of 6,700 square feet with 12,100 vehicles per day, heavy pedestrian traffic, and one of the best view corridors in all of downtown. The offering features a stabilized 100% leased income-producing investment across three (3) street-level units and partial second floor, along with a cell tower lease. The diverse tenant mix includes Dunkin’, Subway, and Nature’s Grace and Wellness, complemented by an annuity from a Verizon cell tower license agreement. Located in one of Chicago's densest commercial hubs, the asset sits within a premier trade area featuring a population of over 401,312 and an average household income exceeding $148,000 within three (3) miles. The property further benefits from significant nearby institutional investment, with JPMorgan Chase renovating its Loop headquarters directly across the street to the east and Google completing a $280 million redevelopment of the Thompson Center into its new Chicago headquarters, two (2) blocks to the north, collectively adding over 15,000 new employees to the immediate area.

Highlights

Stabilized retail storefront property consisting of three (3) street-level units totaling 6,700 SF in the Chicago Loop
Fully leased to Dunkin', Subway, and Nature's Grace and Wellness, along with a supplemental Verizon cell tower lease
Strategically positioned at the center of a high-amenity corridor
Surrounded by billions of dollars in institutional commitments including Google’s Thompson Center redevelopment and JPMorgan Chase’s HQ renovation.
Located within a dense urban trade area of more than 401,000 residents and high-income households within three miles.
Exceptional connectivity to Ogilvie Transportation Center, Union Station, and multiple CTA stops within walking distance.

Property Flyers

Amenities

  • Bus Line
  • Commuter Rail
  • Conferencing Facility
  • Food Service
  • Property Manager on Site
  • Security System
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Chicago Millennium Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 1 min 10 min 0.5 mi
Chicago Lasalle Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
Monroe Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 3 min 0.2 mi
Washington/Wells Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 4 min 0.2 mi
Washington Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 4 min 0.2 mi
Monroe Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
Quincy Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.4 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 11.0 mi
Chicago O'Hare International 27 min - 17.7 mi
Matt Tarshis 847-780-8063 Frontline Real Estate Partners
Matt Tarshis 847-780-8063 Frontline Real Estate Partners