1338 West Madison Street #1 Chicago, IL 60607

$550,000
0.12
Acres
$550,000
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sold - 03/23/2023
1/18
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Rarely available and uniquely designed duplex commercial condo For Sale on Madison Street in the booming West Loop neighborhood. The unit is light filled with floor to ceiling windows along bustling Madison Street. The property features a 1,500 square foot main floor with fifteen-foot tin ceiling and exposed brick. Overlooking the main floor is a built-out office space with access to the private roof deck. The 1,500 square foot lower level features a conference room with a 15-foot ceiling, three offices and kitchenette. The building is located in the flourishing and dynamic West Loop neighborhood which has seen a blistering population growth rate of more than 38% over the last decade. The unit is conveniently located next door to Johnny's IceHouse East and just a few blocks from the United Center (home of the Chicago Bulls and Blackhawks). The area has also seen hundreds of companies relocate to the neighborhood including the world headquarters for McDonalds. The area also boasts many of Chicago's most popular restaurants along Randolph's Restaurant Row and the Fulton Market District. Easy access to 90/94 and 290 for travel in any direction. The unit is presently built out as a real estate office and the existing tenant is MTM. The unit is also being sold along with the mirror unit at 1340 W Madison MLS # 11694690.

Rarely available and uniquely designed duplex commercial condo For Sale on Madison Street in the booming West Loop neighborhood. The unit is light filled with floor to ceiling windows along bustling Madison Street. The property features a 1,500 square foot main floor with fifteen-foot tin ceiling and exposed brick. Overlooking the main floor is a built-out office space with access to the private roof deck. The 1,500 square foot lower level features a conference room with a 15-foot ceiling, three offices and kitchenette. The building is located in the flourishing and dynamic West Loop neighborhood which has seen a blistering population growth rate of more than 38% over the last decade. The unit is conveniently located next door to Johnny's IceHouse East and just a few blocks from the United Center (home of the Chicago Bulls and Blackhawks). The area has also seen hundreds of companies relocate to the neighborhood including the world headquarters for McDonalds. The area also boasts many of Chicago's most popular restaurants along Randolph's Restaurant Row and the Fulton Market District. Easy access to 90/94 and 290 for travel in any direction. The unit is presently built out as a real estate office and the existing tenant is MTM. The unit is also being sold along with the mirror unit at 1340 W Madison MLS # 11694690.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Near West Side
  • Tax Amount
    $10,505
  • Status
    Sold
  • Listing #
    11694697
  • Built
    1996
  • Lot Size
    0.12
  • Listed on site
    472 days
  • Sold Price
    550000

Listed by:
Be Realty, LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Be Realty, LLC.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Property History

DateDays AgoEventNew Price
Mar 27, 20231 yr agoPrice decreased39,000 (7%)$550,000
Jan 3, 20231 yr agoNew on market$589,000
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