Historic 19-Story Office
For Lease
Contact for pricing
29 E Madison St, Chicago, IL 60602
19-story office building with newly renovated common areas, on-site management, and 24/7 security.
Property Size1,338 SF
Days on Market1232
Property Features for 29 E Madison St
General Information
Standard status
Active
Size
1,338 SF
Property subtype
OFFICE
Building Details
Stories
19
Tenancy
Multi
Listing Agency:
Marc Realty
(312) 994-5656
Listed By:
Joe Storiz
Source:
Moodyscre
Added: Mar 17, 2023
Changed: Jul 21
Last Checked: Jul 21 at 5:07AM
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 Marc Realty
Investment Insights
Based on property information with market context.
29 E Madison St is a historic 19-story office building featuring newly renovated common areas and modern office spaces. Building amenities include on-site management, 24/7 building security, and a dedicated building conference room.
Retail and services within the building include TCF Bank, 7/11, Linxia Beauty, and Hanabusa Cafe. The property is positioned within one block of Millennium Park and the Chicago cultural center, with walking distance access to public transportation.
With its 19-story layout, the top floors offer views of the city skyline, Lake Michigan, and Millennium Park. Abundant parking is available nearby through Millennium Park and city garages.
Retail and services within the building include TCF Bank, 7/11, Linxia Beauty, and Hanabusa Cafe. The property is positioned within one block of Millennium Park and the Chicago cultural center, with walking distance access to public transportation.
With its 19-story layout, the top floors offer views of the city skyline, Lake Michigan, and Millennium Park. Abundant parking is available nearby through Millennium Park and city garages.
Key Highlights
- 19‑story office building with 236,000 RSF in the historic Heyworth Building at 29 E Madison
- Rental rate: $26–$29 SF per year
- Newly renovated common areas and completed modern office spaces
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
35,699
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
$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size
This space is priced 12% above the average of $23.25 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - 19-story office building with newly renovated common areas, on-site management, and 24/7 security.
Where is this office building located?
The property is located at 29 E Madison St Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 19‑story office building with 236,000 RSF in the historic Heyworth Building at 29 E Madison; Rental rate: $26–$29 SF per year; Newly renovated common areas and completed modern office spaces
