1219 W Madison Street Chicago, IL $ 4,950,000
1219 W Madison Street
$ 4,950,000
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1219 W Madison Street

Chicago, IL, 60607
$ 4,950,000
Bedrooms-- Baths-- Sq 8,000
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Property for Rent in Chicago, IL

for $4,950,000. This 8,000 square foot property was built in 2004 on a lot size of 0.2.

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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Rental Active

Price

$ 4,950,000

Taxes

$ 69,765

Style

Commercial,Condominium

Lot Size

0.2

Year Built

2004

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12681237

Features
General
Cooling Central Air
Construction Materials Brick Steel Siding
Year Built 2004
Electric Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Sewer Varies by Tenant All Utilities
Stories Count 2
Tax Year 2024
Current Use Commercial Condominium
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Condominium Retail
Status New
Directions Take I-90 to Madison west on Madison.
City Chicago
Number Of Units Total 2
MLS Area CHI - Near West Side
Lot Size Square Feet 8712
Tax Annual Amount 69765.39
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Lease Type Net
Standard Status Active
Total Actual Rent 35000
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Interior
Flooring Concrete Wood
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Exterior
Building Area Total 8000
Lot Dimensions 45X189
Frontage Type City Street
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

jovanka@atproperties.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2026$4,950,000 Listed Price

Map


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1219 W Madison Street, Chicago, IL, 60607 is a Property for Rent at $4,950,000 with 8,000 sqft and a lot size of 0.2. 1219 W Madison Street was built in 2004. The property's zip code is 60607 which is in Chicago, IL