Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12681237MLS Provider

1219 W Madison StreetChicago, IL 60607

Commercial · 8,000 Sq. ft.
$4,950,000 Active

1219 W Madison Street Overview

Time on Site:
7 days
Visits:
0

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.

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1219 W Madison Street Facts & Features

  • Type Commercial
  • Sq. ft. 8,000
  • Price/Sq.ft. $619

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Existing Lease Type: Net
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2004

Business Information

  • Current Use: Commercial,Condominium

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near West Side

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Sewer, Varies by Tenant, All Utilities

Tax Information

  • Tax Annual Amount: $69,765.39
  • Tax Year: 2024

General Information

  • Parcel Number: 17171050110000
  • Possible Use: Commercial,Condominium,Retail
  • Property Type: Commercial Sale

Interior

Building Information

  • Other SqFt.: 4000
  • Retail SqFt.: 4000

Building Interior

  • Building Area Total: 8000

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Flooring: Concrete, Wood
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 45X189
  • Lot Size Square Feet: 8712

Building Exterior/Construction

  • Construction Materials: Brick, Steel Siding

General Information

  • Number Of Units Total: 2

1219 W Madison Street Neighborhood

Community

60607 (CHICAGO) Demographics

30
Median Age
13,054
Population Density (per sq. mile)
82%
College Educated
$103,173
Estimated Median Income
5,713
Estimated Total Home Owners
7,819
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1219 W Madison Street Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1219 W Madison Street Market Data

Based on the last 30 days in this zip code

$851,912
Average List Price
$685
Average Price per Square Foot
43
Properties Sold
58
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

1219 W Madison Street History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/22/2026Source: MRED Added to Database
June 22, 2026