Date
Details
Price
Change
Source
11/14/2025
Listed
$54
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$54
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Property Description
Exciting sublease opportunity on vibrant Madison Row! Perfect for a complementary business to West Loop hotspot Cone Ice Cream, this fully enclosed 440 sq. ft. space delivers big potential in a compact footprint. Add even more versatility with the option to lease the adjacent outdoor patio, parking space, and cold storage. All-inclusive rent covers utilities, taxes, and operating expenses, making this a turnkey option in one of the neighborhood's most trafficked corridors. Prime location on Madison Row-don't miss it!
Full Property Details
Full Property Details for 1047 W Madison St
General
- Price: $54
- Taxes: (2023)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12517290
- Updated: 11/20/2025
- Added to Site: 64 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Near West Side
- County: Cook
- Township: West Chicago
- Driving Directions: Morgan to Madison, west to property.
- Location Details: Central Business District, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- Year Built: 1887
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Lease Price: $54
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1887
- Tax Year: 2023
- Tenant Pays: Janitorial Service
Listed by Century 21 S.G.R., Inc.
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Listing agent
— 1047 W Madison St —
Century 21 S.G.R., Inc.
NMLS#: 1598647
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Schools
Schools serving 1047 W Madison St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Skinner Elementary School 111 South Throop Street, Chicago, IL 60607 | PK-5 | 0.3 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1047 W Madison St
Estimate the Cost
Estimate the Cost for 1047 W Madison St
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![[Address not provided], Chicago, IL 60607 - Photo 1](https://m1.cbhomes.com/p/155/12519342/0C64F4cA1F9e4CE/s23cc.webp)
![[Address not provided], Chicago, IL 60607 - Photo 1](https://m.cbhomes.com/p/155/12434524/4cB6609b96A74cd/s23cc.webp)
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- Single Family
- Active
- Updated 3 days ago
- 5Beds
- 2Total Baths
- 1,900Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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1047 W Madison Street, Chicago, IL 60607 (MLS# 12517290) is a Commercial Lease property. 1047 W Madison Street is currently listed for $54 and was received on November 14, 2025. Want to learn more about 1047 W Madison Street? Do you have questions about finding other Commercial Lease real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.