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LEED Silver Office Building
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70 W Madison St, Chicago, IL 60602

Class A office building with destination elevators, in-building pedway access to CTA and government buildings.

Property Size2,610 SF
Days on Market1282

Property Features for 70 W Madison St

General Information

Standard status Active
Size 2,610 SF
Property subtype OFFICE

Additional Details

Space Use Office

Amenities

Building concierge
Fitness center
Bike storage
Conference room
Leed silver
Starbucks
Restaurant
Banking
Convenience store
Destination elevators
In-building pedway access to cta & government buildings
Onsite management by hearn

Building Details

Stories 57
Listing Agency: Madison Rose
Listed By: Andrew Marty
Source: Moodyscre
Added: Jan 25, 2023 Changed: Jul 29 Last Checked: Jul 30 at 1:28PM

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.

70 West Madison is a fifty-seven-floor, Class A office building offering three-sided bay windows with floor-to-ceiling tinted, reflective glass panels. The property includes a building concierge, fitness center, bike storage, and a conference room, along with destination elevators and LEED Silver certification.

The building provides in-building pedway access to the CTA and government buildings. Onsite management is provided by Hearn.

Onsite amenities and services include Starbucks, a restaurant, banking, and a convenience store, supporting day-to-day tenant needs within the building.

Key Highlights

  • Class A office building with destination elevators
  • In‑building pedway access to CTA and government buildings
  • Onsite management by Hearn

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

$23.25 /SF/Yr
Avg Asking Price
$16–$32.5 /SF/Yr
Price Range
112,327 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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office building with destination elevators, in-building pedway access to CTA and government buildings.
Where is this office building located?
The property is located at 70 W Madison St Chicago, IL.
What are key features of this property?
This property features: Class A office building with destination elevators; In‑building pedway access to CTA and government buildings; Onsite management by Hearn
(513) 520-4282 Call to check price and availability
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