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Historic Landmark Office Building with Security
For Lease
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29 E Madison St, Chicago, IL 60602

19-story office landmark with renovated common areas, 24/7 security, and conference room plus skyline lake views.

Property Size980 SF
Days on Market1268

Property Features for 29 E Madison St

General Information

Standard status Active
Size 980 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

on-site management
24/7 building security
building conference room

Building Details

Stories 19
Tenancy Multi
Listing Agency: Marc Realty
Listed By: Joe Storiz
Source: Moodyscre
Added: Feb 8, 2023 Changed: Jul 26 Last Checked: Jul 30 at 9:45AM

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 is a historic landmark office building with 19 stories. The property offers newly renovated common areas and completed modern office spaces, along with on-site management, 24/7 building security, and a building conference room. Top floors provide views of the city skyline, Lake Michigan, and Millennium Park.

Retailers within the building include TCF Bank, 7/11, Linxia Beauty, and Hanabusa Cafe. The building is within one block of Millennium Park and the Chicago cultural center, and it is next to Target. Abundant parking is available at Millennium Park and nearby city garages, and the property is within walking distance of public transportation.

Key Highlights

  • 19‑story office building totaling 236,000 RSF
  • Rental rate of $26–$29 SF/year
  • Newly renovated common areas and completed modern office spaces

Property Analytics

Current Use

Team Curb Appeal Construction Company Cynosure Risk Advisors ... Public Relations Firm William Levine Inc (Bike/Boat/Book/etc) Store Dundee Watch Co (Bike/Boat/Book/etc) Store E.M Trading Big Box & Wholesale Store

Suggested Use

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

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35,699
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

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 SF
Avg Space Size

This space is priced 16% above the average of $23.25 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 19-story office landmark with renovated common areas, 24/7 security, and conference room plus skyline lake views.
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 $27 SF/Yr.
What are key features of this property?
This property features: 19‑story office building totaling 236,000 RSF; Rental rate of $26–$29 SF/year; Newly renovated common areas and completed modern office spaces
(312) 994-5656 Call to check price and availability
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