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1219 W Madison St 12,490 SF 100% Leased Retail Building Chicago, IL 60607 $4,999,000 ($400.24/SF)

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INVESTMENT HIGHLIGHTS

  • Prime Live/Work Opportunity in the highly sought-after West Loop neighborhood steps from trendy restaurants, shopping, and nightlife
  • Incredible investment for business owners, creatives, or those looking for a one-of-a-kind urban lifestyle
  • Located near $7 billion in planned entertainment and infrastructure development around the United Center
  • Build-to-suit first level with soaring 17.5’ ceilings — ideal for showroom, studio, or office. Including basement
  • 3 bed 3.5 bath smart home condo with high-end finishes, 17’ ceilings, private elevator and an expansive 490 sq. ft. private terrace for outdoor living
  • 9 secured parking spaces — rare in the area and offers development potential

EXECUTIVE SUMMARY

EXQUISITE WEST LOOP LIVE/WORK BUILDING IN IT'S ENTIRETY WITH 9 SECURE PARKING SPACES CAN NOW BE YOURS! Discover an unparalleled blend of sophistication, modern convenience, and historic Chicago charm in this luxurious 8,490sq. ft. live/work property plus 4000 sq. ft. basement, perfectly situated in the highly sought-after West Loop neighborhood on coveted Madison Street. The second floor of this property has been completely gutted and reimagined to offer an extraordinary living and working experience, seamlessly blending opulent residential comfort with a dynamic professional space that is waiting to be built to suit. The second-floor luxury condo promises an exceptional level of craftsmanship and design. Ascend via your private elevator to discover a meticulously designed, 4,000 sq. ft. 3-bedroom, 3.5-bath residence with soaring 17-foot ceilings. Every detail of this expansive unit exudes elegance and modernity, from the open-concept living space bathed in natural light and floor to ceiling book match marble fireplace to the gourmet kitchen featuring top-of-the-line appliances, custom
cabinetry, and an extravagantly spacious Taj Mahal Island. The stunning great room seamlessly connects to a grand private terrace. Perfect for
entertaining or unwinding, this outdoor retreat offers ample space for dinning, lounging and enjoying breathtaking views. The primary suite serves
as a tranquil retreat, complete with a spa-like en-suite bath with radiant heated floors, double walk-in closets and sky light. While additional
bedrooms offer en-suite baths, walk-in closets and ample space for family or guests. High-end finishes, designer fixtures, and smart home
technology elevate the living experience to an entirely new level. The versatile first level presents a unique build-to-suit opportunity, ideal for
professionals, entrepreneurs, and creatives seeking a bespoke workspace. This expansive 4,000 sq. ft. area, boasting soaring 17.5-foot ceilings,
offers limitless potential such as establishing an elegant gallery with ample space to display prized artwork, host unforgettable gatherings with a
spacious interior and an inviting courtyard for outdoor mingling. Elevate your golf game with a private indoor driving range, merging leisure and
luxury. Create a culinary destination with an open layout designed for showcasing culinary excellence. Design a serene wellness retreat complete
with treatment rooms and tranquil ambiance. Imagine creating a hidden gem where only a select few guests access-an exclusive speakeasy
retreat with a secret garden escape. Whether you're a musician, content creator, or business visionary, the soundproof space offers endless
possibilities. With the potential for a fully equipped sound or video recording studio, you can bring your creative projects to life right from home.
Imagine producing music, podcasts, or videos in a space designed for inspiration and innovation. Perfect for professional and hobbyists alike, this
home offers the ideal blend of work and play in a setting that fuels creativity. This property isn't just a home it's an entrepreneur's dream come
true! The perfect blend of luxury, mystery and ambiance awaits. This space is waiting to be transformed, bringing a vision to life! Additionally, this
exceptional property includes 9 private parking spaces, a rare and invaluable asset in the heart of the city. The parking lot presents a prime
opportunity for additional development, allowing the new owner to further enhance this remarkable space. Whether you seek an upscale
residential haven, a dynamic professional environment, or a combination of both, this West Loop masterpiece delivers on every level. Don't miss
the chance to claim this extraordinary property and shape it into your ultimate vision of luxury and functionality.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,490 SF
Building Class
B
Year Built/Renovated
2008/2025
Price
$4,999,000
Price Per SF
$400.24
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.20 AC
Zoning
C2-3 - Mixed-use with commercial, residential, and development potential
Parking
9 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
50’ on Madison St

AMENITIES

  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Blowout Junkie
  • Services
  • -
  • -
  • Modified Gross
  • May 2025
  • O'Connor Castingtv TV Co
  • Information
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Blowout Junkie Services - - Modified Gross May 2025
O'Connor Castingtv TV Co Information - - - -
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (81)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

StretchLab
Pure Barre
CorePower Yoga
barre3
freshii
Harold's Chicken Shack
Le Peep
Nando's
Umami Burger
Veggie Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-17-105-011-0000
Land Assessment
$213,750
Improvements Assessment
$132,222
Total Assessment
$345,972
  • Listing ID: 35206154

  • Date on Market: 3/20/2025

  • Last Updated:

  • Address: 1219 W Madison St, Chicago, IL 60607

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