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Office Space with Madison Frontage
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120 W Madison St, Chicago, IL 60602

Office space with Madison frontage, featuring an on-site conference center and secure bike room.

Space Size1,809 SF
Days on Market1299

Property Features for 120 W Madison St

General Information

Standard status Active
Size 1,809 SF
Property subtype OFFICE
Lease Type Modified Gross

Amenities

manned security
conference center
bike room

Spaces For Lease

at 120 W Madison St 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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Listing Agency: Bradford Allen - Corporate
Listed By: Katrina Dougherty
Source: Moodyscre
Added: Feb 17, 2023 Changed: Sep 2 Last Checked: Sep 8 at 11:00AM

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 - Corporate

Investment Insights

Based on property information with market context.

This office space is located within a building that offers on-site amenities including manned security, a conference center, and a secure bike room. The current conditions include Madison frontage.

Situated on W Madison St, the property is described as centrally located in Chicago’s CBD within three blocks of CTA lines, the Daley Center, the County Building, and major banks and corporations.

The suite is available for rent and is presented with existing conditions including the building’s Madison frontage and shared amenity support such as the conference center and secure bike room.

Key Highlights

  • Madison frontage.
  • On‑site conference center.
  • Secure bike room on‑site.

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

41,763
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size

This space is priced 7% below the average of $30.01 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office space with Madison frontage, featuring an on-site conference center and secure bike room.
Where is this office units located?
The property is located at 120 W Madison St Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Madison frontage.; On‑site conference center.; Secure bike room on‑site.
(630) 945-7779 Call to check price and availability
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