1219 W Madison Street, Chicago, IL 60607

$4,950,000
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Active
SQUARE FEET8,000 MLS#12681237
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

ESTABLISH A SIGNATURE PRESENCE IN THE HEART OF CHICAGO'S PREMIER WEST LOOP DISTRICT WITH THIS ONE-OF-A-KIND BUILDING. A truly irreplaceable opportunity to secure a flagship location on coveted Madison Street. This exceptional, ADA-compliant steel-frame mixed-use asset offers approximately 4,000 square feet of customizable commercial space with dramatic 17.5-foot ceilings, complemented by an extraordinary 4,000-square-foot luxury penthouse flex space residence above. Situated on a rare double lot, the property offers an exceptional combination of visibility, flexibility and accessibility, featuring a 4,000-square-foot lower level, private courtyard/patio and nine secured on-site parking spaces, an increasingly rare amenity in the West Loop. Strategically positioned within one of Chicago's most dynamic and rapidly growing commercial corridors, the property benefits from outstanding transportation connectivity, strong pedestrian traffic, and immediate proximity to the neighborhood's renowned restaurants, retailers, offices, and residential developments. The first level is ideally suited for a corporate headquarters, flagship showroom, medical or wellness practice, family office, creative studio, experiential retail concept, or other distinguished professional use. Designed with flexibility in mind, the first-floor space can be fully customized to align with a tenant's operational needs, brand identity and long-term vision, offering a rare opportunity to create a truly bespoke environment tailored to your business. Your vision, brought to life your way. Accessible via a private elevator, the never-occupied penthouse residence delivers a level of luxury seldom found in an integrated live-work environment. The residence features three bedrooms, three-and-a-half baths, soaring 17.5-foot ceilings, premium designer finishes, advanced smart-home technology and an expansive open-concept great room anchored by a dramatic floor-to-ceiling book-matched marble fireplace. Additional highlights include a chef's kitchen with an oversized Taj Mahal quartzite island, a spa-inspired primary suite with radiant heated flooring and a substantial private terrace designed for sophisticated entertaining. Whether used for business or housing it is a showstopper. This is a rare opportunity to combine executive living and professional operations within one architecturally distinctive asset, offering a unique blend of prestige, functionality and lifestyle in one of Chicago's most sought-after neighborhoods.

1219 W Madison Street | MLS# 12681237

This commercial property located at 1219 W Madison Street, Chicago, IL 60607 is currently listed for sale with an asking price of $4,950,000. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.20 Acres
Stories: 2.0
Taxes: $69,765
Year Built: 2004

Feature Descriptions

Current Use: Commercial, Condominium
Drains: Balcony/ies, Courtyard, Enclosed Stairs, Accessible Entrance, Patio, Security System
Electric: Service - 201 to 600 Amps
Exterior: Brick, Steel Siding
Fire Protection: Alarm On Site, Fire Extinguisher/s
Flooring: Concrete, Wood
Frontage Type: City Street
HVAC: Forced Air, Gas
Location: Mixed Use Area, In City Limits
Lot Dimensions: 45X189
Miscellaneous Indoor: Elevator/s Freight, Accessible Entrance, Multi-Tenant, Storage Inside, Basement
Miscellaneous Outdoor: Balcony/ies, Courtyard, Enclosed Stairs, Accessible Entrance, Patio, Security System
Number of Tenant(s): 2
Parcel#: 17171050110000
Parking: 6-12 Spaces, Paved, Private Lot, Secured, Parking On-Site
Potential Use: Commercial, Condominium, Retail
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Sewer, Varies by Tenant, All Utilities
Units: 2

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 312-682-8500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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