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

Fully furnished office sublease with modern finishes, atrium lobby, and heated parking garage with pedway access to nearby transit and amenities.

Property Size5,000 SF - 71,792 SF
Days on Market1001

Property Features for 70 W Madison St

General Information

Standard status Active
Size 5,000 SF - 71,792 SF
Net Rentable 5,000 SF
Property subtype OFFICE

Space & Availability

Available Space 5,000-71,792 SF
Divisible Yes
Floor 6 & 7
Space Use Office
Condition Move-in Ready
Sublease Yes
Private Offices 9
Meeting Rooms 13
Capacity 194 people
Furnished Yes

Additional Details

Public Transit Yes

Amenities

tenant lounge
conference facility
fitness center
banking
food service
coffee
lockers
Listing Agency: Madison Rose
Listed By: Andrew Marty · License #475126182
Source: Moodyscre
Added: Nov 3, 2023 Changed: Jul 29 Last Checked: Jul 30 at 9:17AM

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.

Up to 71,792 RSF is available for sublease on floors 6 and 7, with an interconnecting stairwell. Additional 5,000 RSF suites are available for sublease on each floor. The space is fully furnished with modern finishes, and includes lockers on each floor.

The building offers a striking atrium lobby and convenient pedway access to subways, government offices, restaurants, and retail stores. On-site amenities include a tenant lounge, conference facility, fitness center, banking, and food service and coffee.

Workstation and meeting room capacity is built into the layout, with 194 workstations, 13 conference rooms, 9 executive offices or huddle rooms, 8 phone rooms, and 1 wellness room, plus a lunch room and various collaboration areas throughout the space. In-building heated parking garage is available, with a lease expiration of 10/31/2029.

Key Highlights

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

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 - Fully furnished office sublease with modern finishes, atrium lobby, and heated parking garage with pedway access to nearby transit and amenities.
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 and 7 with interconnecting stairwell; 5,000 RSF suites available for sublease on each floor; Fully furnished with modern finishes plus lockers on each floor
(513) 520-4282 Call to check price and availability
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