- Available Spaces
|1507 W. Madison Street||Retail Space||For lease: $2.50/sqft||2,584 sqft|
One storefront retail spaces available in the highly desirable West Loop. Spaces are favorably positioned on Madison Street near the Ogden/Ashland... show more »
1507 W. Madison Street is aretail property for lease in Chicago, IL. The property currently has 1 retail space for lease and is marketed by .
The West Loop area, a former manufacturing corridor turned art-edgy neighborhood, was a mix of factories, meat markets, and wholesale produce outlets throughout the late 1800s and most of the 1900s. Many of these businesses still thrive in the area, but the neighborhood has seen a major demographic shift over the last few decades. The factories, most of which have closed, have been converted to high-priced lofts, critically acclaimed restaurants, night clubs, art galleries, and retail boutiques. This demographic shift easily makes the West Loop one of Chicago’s most desirable neighborhoods with more development than any other area in the city. Businesses and operators such as Google, Soho House, We Work, and Uber have chosen to make their Chicago home in the West Loop. The transformation began to happen in part because of the neighborhood’s proximity to the Loop, but also because of the availability of the massive timber and beam loft buildings, which have allowed for varying creative uses.
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- Steven Goldstein, agent and Rofo Pro