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Sublease Office Floors
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500 W Monroe St, Chicago, IL 60661

Multiple sublease office floors offer efficient open layouts, strong AV coverage, and abundant parking.

Property Size26,186 SF
Days on Market486

Property Features for 500 W Monroe St

General Information

Standard status Active
Size 26,186 SF
Property subtype OFFICE

Additional Details

Furnished Yes

Amenities

Significant AV Throughout the Space
Abundant Parking
Listing Agency: CBRE | Chicago
Listed By: Pete Delneky
Source: Moodyscre
Added: Apr 5, 2025 Changed: Jul 26 Last Checked: Aug 2 at 5:19AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This offering provides sublease office space with three separate sublease floors available. The space features an efficient plan with an open configuration and is described as being in great existing condition. All FF&E is available, including Knoll workstations and Herman Miller chairs. Significant AV is noted throughout the space.

The term runs through November 30, 2027. The property includes abundant parking to support daily access for occupants and visitors.

Prospective tenants should note the availability of multiple floors and the turnkey nature of the furnishings and AV infrastructure described in the listing.

Key Highlights

  • Multiple sublease office floors available (three sublease floors available)
  • Sublease term runs through November 30, 2027
  • Efficient open office configuration with open layout

Property Analytics

Current Use

bswift (Bike/Boat/Book/etc) Store Motorola Solutions Corporate Office Heller International Tower Real Estate Agency Marsh USA Inc: ... Insurance Agency Unum Insurance Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Nursing Home Buffet Adult Day Care Clothing & Fashion Store

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

30,193
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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 - Multiple sublease office floors offer efficient open layouts, strong AV coverage, and abundant parking.
Where is this office units located?
The property is located at 500 W Monroe St Chicago, IL.
What are key features of this property?
This property features: Multiple sublease office floors available (three sublease floors available); Sublease term runs through November 30, 2027; Efficient open office configuration with open layout
(312) 935-1440 Call to check price and availability
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