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Brick-and-Timber Loft Office Units
For Lease
$29 SF/Yr

1029 West Madison Street, Chicago, IL 60607

Loft-style office space features hardwood floors and exclusive access to a rooftop deck.

Space Size8,000 SF
Property Size34,560 SF
Days on Market8

Property Features for 1029 West Madison Street

General Information

Standard status Active
Size 8,000 SF
Net Rentable 8,000 SF
Class C
Property subtype Office
Lease Term MG

Space & Availability

Available Space 8,000-24,000 SF
Contiguous Space 24,000 SF
Space Use Office

Amenities

rooftop deck

Building Details

Building Size 34,560 SF
Stories 4
Construction brick & timber

Spaces For Lease

at 1029 West Madison Street Contact us

Suite 200 $29/SF/Yr

Size
8,000 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 300 $29/SF/Yr

Size
8,000 SF
Type
Creative/Loft
Term
Negotiable
Contact us

Suite 400 $29/SF/Yr

Size
8,000 SF
Type
Creative/Loft
Term
Negotiable
Contact us
Listing Agency: Bradford Allen Realty Services Chicago
Listed By: Craig A. Nadborne
Source: Bradfordallen
Added: Sep 19 Last Checked: Sep 26 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradford Allen Realty Services Chicago

Investment Insights

Based on property information with market context.

Located at 1029 West Madison Street in Chicago’s Fulton Market area, this character-rich office property occupies a brick-and-timber loft building with four floors. Floors 2, 3, and 4 can be combined for approximately 24,000 SF of contiguous space, while each typical floor provides about 8,000 SF. The configuration supports open work areas, collaborative environments, or private office suites, with a single tenant able to consolidate multiple levels.

Rich hardwood flooring runs throughout the space, adding a distinctive finish to the industrial loft setting. A tenant occupying the assembled upper floors would have exclusive private access to the rooftop deck. The property can also accommodate a whole-floor or whole-building office requirement, subject to the available configuration.

Key Highlights

  • Floors 2, 3, and 4 can combine into approximately 24,000 SF of contiguous office space
  • Typical floor size of approximately 8,000 SF
  • Four‑floor brick‑and‑timber loft office building

Property Analytics

Current Use

XSELL Technologies Corporate Office Realm Agency Advertising Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Buffet Veterinary Clinic Nursing Home Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,399
Businesses Nearby

Demographics for 60607, IL

31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.16 /SF/Yr
Avg Asking Price
$4.8–$133 /SF/Yr
Price Range
16,206 SF
Avg Space Size

This space is priced 1% below the average of $29.16 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Loft-style office space features hardwood floors and exclusive access to a rooftop deck.
Where is this office units located?
The property is located at 1029 West Madison Street Chicago, IL.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Floors 2, 3, and 4 can combine into approximately 24,000 SF of contiguous office space; Typical floor size of approximately 8,000 SF; Four‑floor brick‑and‑timber loft office building
More about this property
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