Office Building with Madison
For Lease
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120 W Madison St, Chicago, IL 60602
Office building featuring Madison frontage, a conference center, and a secure bike room.
Space SizeContact for details
Property Size7,157 SF
Days on Market1264
Property Features for 120 W Madison St
General Information
Standard status
Active
Size
7,157 SF
Property subtype
OFFICE
Lease Type
SF/yr
Amenities
manned security
conference center
bike room
Spaces For Lease
at 120 W Madison St Contact us120 W Madison St $31/SF/Yr
Contact us
Listing Agency:
Bradford Allen - Corporate
(630) 945-7779
Listed By:
Katrina Dougherty · License #475186946
(630) 945-7779
Source:
Moodyscre
Added: Feb 17, 2023
Changed: Jul 28
Last Checked: Aug 4 at 12:57PM
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 building includes existing conditions with Madison frontage. On-site amenities include manned security, a conference center, and a secure bike room.
The property is centrally located in Chicago’s CBD with Madison frontage, and it is described as within three blocks of all CTA lines, the Daley Center, the County Building, and major banks and corporations.
For prospective tenants, the combination of Madison frontage, on-site security, and dedicated facilities such as the conference center and secure bike room supports a conventional professional office setup.
The property is centrally located in Chicago’s CBD with Madison frontage, and it is described as within three blocks of all CTA lines, the Daley Center, the County Building, and major banks and corporations.
For prospective tenants, the combination of Madison frontage, on-site security, and dedicated facilities such as the conference center and secure bike room supports a conventional professional office setup.
Key Highlights
- Office building with Madison frontage
- On‑site manned security
- Includes conference center
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
41,763
Businesses Nearby
Explore this area
Business Placement
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
$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
42,869 SF
Avg Space Size
This space is priced 67% above the average of $18.58 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Office building featuring Madison frontage, a conference center, and a secure bike room.
Where is this office building located?
The property is located at 120 W Madison St Chicago, IL.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Office building with Madison frontage; On‑site manned security; Includes conference center
