1346-1350 W Madison St - Johnny's Ice House
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1346-1350 W Madison St - Johnny's Ice House
51,500 SF Sports & Entertainment Building Offered For Sale in Chicago, IL 60607
Investment Highlights
- Ideal for residential and/or retail mixed use.
- Located in the heart of Chicago’s West Loop neighborhood
- Currently zoned B 3-5. Potential for adaptive reuse of the existing structure or ground-up new development.
- Potential for hotel and or special retail use.
- Ideally situated within the 27th Ward.
Executive Summary
Bradford Allen has been retained by Ownership as the exclusive advisors in the sale of 1350 West Madison Street in Chicago, Illinois. The offering consists of a 22,000 SF development site currently improved with a 51,500 SF building operating as an ice rink. This offering does not include the business and a condition of any sale will preclude the Buyer from continuing to operate the ice rink. 1350 West Madison is located in the heart of Chicago’s West Loop neighborhood and offers excellent access to public transportation and highways. Currently zoned B 3-5 and offering excellent visibility with 200 feet of frontage on West Madison Street.
Property Facts
| Sale Type | Investment | Building Size | 51,500 SF |
| Sale Conditions | Development Sale | Number of Floors | 3 |
| Property Type | Sports & Entertainment | Year Built | 1997 |
| Property Subtype | Skating Rink | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.02/1,000 SF |
| Lot Size | 0.52 AC |
| Sale Type | Investment |
| Sale Conditions | Development Sale |
| Property Type | Sports & Entertainment |
| Property Subtype | Skating Rink |
| Building Class | B |
| Lot Size | 0.52 AC |
| Building Size | 51,500 SF |
| Number of Floors | 3 |
| Year Built | 1997 |
| Tenancy | Single |
| Parking Ratio | 0.02/1,000 SF |
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (79)
Bike Score ®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,172,300 | |
| Land Assessment | £118,742 | Total Assessment | £1,291,043 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£118,742
Improvements Assessment
£1,172,300
Total Assessment
£1,291,043
zoning
| Zoning Code | B3-5 (Community Shopping District) |
| B3-5 (Community Shopping District) |
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1346-1350 W Madison St - Johnny's Ice House
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