Listed by Frontline Real Estate Partners
Unpriced
105 W Madison St
Details
Property Type Retail
Sub Type Commercial
Square Footage 6,700
Units 3
NOI $464,250
Occupancy 100%
Tenancy Multi
Brand/Tenant Dunkin', Subway
Year Built 1928
Year Renovated 2017
Acreage 0.170
Zoning DC-16
Investment Type Stabilized
Retail | 6,700 SqFt
Marketing description
105 W. Madison is one of the most iconic retail locations located at the southwest corner of Clark and Madison in Chicago's Loop. This fee simple retail consists of 6,700 square feet along a high-traffic corridor with 12,100 vehicles per day and heavy pedestrian traffic. 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.
The property is strategically located directly off the southwest corner of the signalized intersection of Madison Street and Clark Street in the heart Chicago’s primary business and financial district known as "The Loop". The property is situated less than two (2) blocks from multiple CTA Pink, Purple, Brown, and Orange "L" stations and is within a 15-minute walk of both the Ogilvie and Union commuter rail stations that serve the metro area. Some of Chicago’s top tourist attractions such as Millennium Park, Willis Tower, The Art Institute of Chicago, and Buckingham Fountain are all within walking distance of the site.
"The Loop" is the second largest commercial business district in North America and contains the headquarters and regional offices of several global and national businesses, retail establishments, restaurants, hotels, theaters, as well as many of Chicago's most famous attractions. Chicago is a major hub for industry, telecommunications and infrastructure and O'Hare International Airport is the second busiest airport in the world in terms of traffic movement.
In 2019, Chicago attracted over 50 million domestic leisure travelers, 11 million domestic business travelers and 1.5 million overseas visitors. These visitors contributed more than $14 billion to Chicago's economy. Additionally, Chicago is the United States third-largest convention destination.
Investment highlights
- Stabilized retail storefront property consisting of three (3) street-level units on triple net leases 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 dense concentration of office, residential, retail, dining, and hospitality options
- The Property benefits from high foot traffic. Madison Street is the primary pedestrian route to the CTA, Ogilvie, and Union Stations
Listing Contacts
Listed by Frontline Real Estate Partners
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Loan Amount
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Annual Cash Flow
$464,250.00
$38,687.50/mo
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Zoning
DC-16 CommercialSpecial CommercialDowntown Core District
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View all 111 uses Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics
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