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120 W Madison St, Chicago, IL

Retail space in central loop corridor, ideal for restaurants.

Space Size100 SF - 7,157 SF
Lot Size0.21 Acres
Days on Market1353

Property Features for 120 W Madison St

General Information

Standard status Active
Size 100 SF - 7,157 SF
Lot size 0.21 Acres
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 120 W Madison St Contact us

120 W Madison St

Floor
1
Size
100 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Ground level existing conditions with buildout package available. - Open to office,...
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120 W Madison St

Floor
1
Size
3,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Now available for lease, retail 120 W Madison Street - Retail located at 120 W...
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120 W Madison St

Floor
LL
Size
1,361 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Now available for lease, retail 120 W Madison Street - Retail located at 120 W...
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120 W Madison St $24/SF/Yr

Floor
12
Size
807 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 111,323 sf class b office building featuring 3 passenger elevators, conferencing...
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120 W Madison St $28/SF/Yr

Floor
13
Size
1,800 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 111,323 sf class b office building featuring 3 passenger elevators, conferencing...
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120 W Madison St $28/SF/Yr

Floor
8
Size
3,706 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- 111,323 sf class b office building featuring 3 passenger elevators, conferencing...
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120 W Madison St $28/SF/Yr

Floor
1
Size
4,668 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Ground level existing conditions with buildout package available. - Open to office,...
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Contact us

120 W Madison St $28/SF/Yr

Floor
11
Size
2,320 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Ground level existing conditions with buildout package available. - Open to office,...
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Contact us

120 W Madison St $28/SF/Yr

Floor
10
Size
1,809 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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120 W Madison St $28/SF/Yr

Floor
11
Size
879 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $27/SF/Yr

Floor
12
Size
1,418 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
12
Size
1,170 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
12
Size
2,325 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
13
Size
4,004 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
13
Size
6,092 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $31/SF/Yr

Floor
14
Size
7,157 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
3
Size
3,037 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $24/SF/Yr

Floor
5
Size
1,144 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
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Contact us

120 W Madison St $28/SF/Yr

Floor
5
Size
2,749 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $24/SF/Yr

Floor
6
Size
1,137 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $27/SF/Yr

Floor
7
Size
1,684 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $24/SF/Yr

Floor
8
Size
2,892 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $24/SF/Yr

Floor
9
Size
1,044 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $24/SF/Yr

Floor
9
Size
1,128 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us

120 W Madison St $24/SF/Yr

Floor
9
Size
699 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Madison frontage. - 120 w madison is centrally located in chicago's cbd, within...
show more
Contact us
Listing Agency: JLL - Corporate
Listed By: Michele Dugan · License #475144084
Source: Moodyscre
Added: Dec 8, 2022 Changed: Aug 9 Last Checked: Aug 21 at 3:03PM

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 JLL - Corporate

Investment Insights

Based on property information with market context.

Available for lease is a retail space located at 120 W Madison St, Chicago, Illinois. Situated in the densely populated central loop corridor, this location is suitable for quick-service restaurants. The property is near Chase Plaza, Citadel Center, City Hall, James R. Thompson Center, and the Richard J. Daley Center, serving a daytime office population of over 566,858 employees within a two-block radius. The site is also positioned among institutions such as the Cadillac Palace Theatre, Oriental Theatre, and the Private Bank Theatre, with seven hotels nearby. Accessible by all modes of transportation, including the Washington/Wells Blue Line station and the Madison & Clark bus station, the property is surrounded by national, regional, and local tenants. The property has a size of 1361 square feet.

Key Highlights

  • Located in the densely populated central loop corridor.
  • Serves a captive daytime office population of more than 566,858 employees within a two‑block radius.
  • Ideal for two quick‑service restaurant users.

Property Analytics

Current Use

Thompson Law Group ... Law Firm L. Bradley Law, ... Law Firm Listo Technical Services Electronics & Wireless Store Staver Accident Injury ... Law Firm The Attorney's Clerk Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Adult Day Care Butcher Clothing & Fashion Store Nursing Home

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41,763
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 47% Dining 30% Apparel 18% Shops & Services 6%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.3 miles
Lou Malnati's Pizzeria Dining
7,637 visits/mo 0.5 miles
The Smith Dining
6,546 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,222 visits/mo 0.5 miles

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

This space is priced 7% below the average of $25.9 /SF/Yr.

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in central loop corridor, ideal for restaurants.
Where is this retail space located?
The property is located at 120 W Madison St Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Located in the densely populated central loop corridor.; Serves a captive daytime office population of more than 566,858 employees within a two‑block radius.; Ideal for two quick‑service restaurant users.
(312) 228-2926 Call to check price and availability
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