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Fully Furnished Office Sublease Suites
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70 W Madison St, Chicago, IL 60602

Sublease space on floors 6 and 7 is fully furnished with extensive workspace and meeting room capacity.

Property Size35,932 SF
Days on Market1001

Property Features for 70 W Madison St

General Information

Standard status Active
Size 35,932 SF
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

heated parking garage
atrium lobby
pedway access
tenant lounge
conference facility
fitness center
banking
food service
coffee
lockers
conference rooms
huddle rooms
phone rooms
private offices
wellness room
lunch room
collaboration areas
Listing Agency: Madison Rose
Listed By: Andrew Marty · License #475126182
Source: Moodyscre
Added: Nov 3, 2023 Changed: Jul 26 Last Checked: Jul 30 at 12:26PM

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 Madison Rose

Investment Insights

Based on property information with market context.

Sublease office space is available on floors 6 and 7, with an interconnecting stairwell allowing flexible configuration between the two floors. Suites are available in approximately 5,000 RSF increments per floor. The space is fully furnished with modern finishes and includes lockers on each floor.

The building features an atrium lobby and an in-building, heated parking garage. Pedway access connects to subways and nearby government offices, restaurants, and retail.

The space includes approximately 250 workstations and a variety of meeting and collaboration rooms, including eight conference rooms of varying sizes, two huddle rooms, eight phone rooms, and four private offices, along with a wellness room, large lunch room, and multiple collaboration areas throughout.

Key Highlights

  • Up to 71,792 RSF available for sublease on floors 6 & 7 with interconnecting stairwell
  • 5,000 RSF suites available for sublease on each floor
  • Fully furnished space with 250 workstations and modern finishes

Property Analytics

Current Use

Daley Carolyn S Law Firm Ratzburg Courtney Law Firm Fedota Childers PC: ... Law Firm Proskauer Law Firm Hartnett Daniel J Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet 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

Location Intelligence

Trade Area within ½ mile

40,863
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

$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size

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 - Sublease space on floors 6 and 7 is fully furnished with extensive workspace and meeting room capacity.
Where is this office units located?
The property is located at 70 W Madison St Chicago, IL.
What are key features of this property?
This property features: Up to 71,792 RSF available for sublease on floors 6 & 7 with interconnecting stairwell; 5,000 RSF suites available for sublease on each floor; Fully furnished space with 250 workstations and modern finishes
(513) 520-4282 Call to check price and availability
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