1340 West Madison Street, Unit 1Chicago, IL 60607Price: $589,000

  • Price: $589,000
  • 148 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 20,000Square Feet
  • 1996Year Built

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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, terra cotta tiled floors and exposed brick. Overlooking the main floor is a built-out lounge space with access to the private roof deck. The 1,500 square foot lower level features another lounge area with a 15-foot ceiling, and several storage rooms. 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 wine bar and also provides off-premises sales. The unit is also being sold along with the mirror unit at 1338 W Madison MLS #11694697.

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Listed by Mikus Kins and Dominic Foderaro of Be Realty,LLC

Based on information submitted to MRED  as of June 1, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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