312-676-1860
1408 W Madison St, Chicago, IL for Sale
Commercial LAND - FOR SALE
1/4
18,753 SF

1408 W Madison St
Chicago, IL 60607
West Loop


HIGHLIGHTS

  • The Palace Grill presents a rare, never-before-available opportunity to acquire a corner property in the heart of Chicago's West Loop.
  • The asset is being offered as-is with its existing C2-3 zoning in place.
  • ±18,753 SF of land at the prominent intersection of Madison Avenue and Loomis Street.
  • Strategically positioned at the gateway to the United Center and the forthcoming 1901 Project, a transformative $7 billion private investment.
  • The property is ideally suited for residential rental, condominium, mixed-use redevelopment, or an owner-user opportunity.
  • Price is subject to offer.

OVERVIEW

The Palace Grill presents a rare opportunity to acquire a corner property encompassing approximately 18,753 SF of land at the prominent intersection of Madison Avenue and Loomis Street. Offered as-is with existing C2-3 zoning, the site features approximately 56,259 SF of buildable area and is ideally suited for residential rental, condominium, mixed-use redevelopment, or an owner-user opportunity. Strategically positioned at the gateway to the United Center and the forthcoming $7 billion 1901 Project, the site is exceptionally well-located for long-term growth on Chicago's Near West Side. Price is subject to offer.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.43 AC

LAND SF

18,753 SF

OFFSITE IMPROVEMENTS

-

ZONING

C2-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott MaeselSVN | Chicago CommercialMore Info
312-676-1860

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Scott MaeselSVN | Chicago CommercialMore Info
312-676-1860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.