555 West Madison St Chicago, IL 60661
Prime retail, restaurant, and medical space in Chicago's West Loop.
Property size:
135,000 SFLot size:
135,000 SFProperty Features for 555 West Madison St
General Information
- Size
- 135,000 SF
Building Details
- Year built
- 1986
Source:
Frontlinerepartners
Listing Agent: Matthew Tarshis
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Presidential Towers Retail Leasing Opportunity
Presidential Towers presents an exceptional leasing opportunity in Chicago’s West Loop neighborhood. This property, comprised of four 49-story apartment buildings, is situated across two city blocks, near Ogilvie Transportation Center and Union Station. The location benefits from a captive audience of over 4,000 residents within Presidential Towers and a daytime population exceeding 183,000 within a half-mile radius. The property has recently undergone a multi-million dollar renovation, including a new fitness club, sundeck, and upgraded lobby and restaurants. With over 135,000 square feet of retail space, Presidential Towers is suitable for retail, restaurant, medical office, or service-oriented businesses. Available units feature second-generation kitchen equipment, a former grocer, a former coffee shop, spacious interiors, and expansive window lines with exposure to up to 45,000 vehicles per day. On-site parking is available, with convenient access to the Kennedy Expressway. Located in an affluent neighborhood, the area has an average household income of $107,394. The property is located between West Madison Street and West Monroe Street, and South Clinton Street and South Des Plaines Street. The location is in a densely populated neighborhood with 94,000 residents within a one-mile radius, with access to public transit, including Union Station, Ogilvie Transportation Center, and the Clinton Green/Pink and Clinton Blue 'L' stations. The area has a daytime employee population of approximately 492,000 people, with companies such as Boeing, CDW, Deloitte, Ernst & Young, Gogol, IBM, and Walgreens nearby. The property is located two blocks from the Madison Street ramps, providing access to the Kennedy Expressway (Interstate-90 and Interstate-94) and Interstate-290. The area is projected to experience a 7.07% population growth over the next five years. Neighboring retailers include Whole Foods, Mariano’s, Chicago’s French Market, Revival Food Hall, Walgreens, CVS/Pharmacy, and Starbucks.
Location Intelligence
Current Use by Public Records
Corporate Suites Network
Furnished Apartment Building
TRNclean
Cleaners
555 west madison
Store
Living Skills
Psychologist
Review Engage Pro
Marketing Consultant
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Keycafe, Calle para estacionar en chicago, stadium goods, Coin Cloud Bitcoin ATM, Mercado Chicago
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6416504
- Latitude
- 41.8816026
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FAQs
What type of property is this?
Shopping center - Prime retail, restaurant, and medical space in Chicago's West Loop.
Where is this shopping center located?
The property is located at 555 West Madison St Chicago, IL.
What are key features of this property?
This property features: - Prime location in Chicago's affluent West Loop neighborhood with high foot traffic.; - Captive audience of over 4,000 residents within Presidential Towers, providing immediate customer base.; - Excellent transportation access: steps from Ogilvie Transportation Center and Union Station.