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Class A Office Tower
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181 W Madison St, Chicago, IL 60603

For lease in a 50-story Class A office building with executive conference and wellness centers.

Property Size5,051 SF
Days on Market1390

Property Features for 181 W Madison St

General Information

Standard status Active
Size 5,051 SF
Class A
Property subtype OFFICE

Amenities

executive Conference and Wellness Centers
onsite concierge
media wall

Building Details

Year Built 1990
Stories 50
Listing Agency: Transwestern | Chicago
Listed By: Mark Buth
Source: Moodyscre
Added: Oct 13, 2022 Changed: Jul 28 Last Checked: Aug 1 at 2:46PM

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 Transwestern | Chicago

Investment Insights

Based on property information with market context.

This Class A office tower, built in 1990, offers a full-building amenity environment for tenants. With 50 stories and 26 elevators serving typical floorplates of about 22,000 square feet, the building includes executive conference and wellness centers, as well as an onsite concierge.

181 W Madison St is located in the heart of the Chicago Loop, positioned for day-to-day convenience for office operations.

The available spaces include options described as open floor plans and suites, with references to views, and the building hosts tenant-oriented media and lobby events as part of its on-site experience.

Key Highlights

  • 50‑story Class A office building in Chicago Loop
  • Year built 1990; listing size 952,559 SF; typical floor size 22,000 SF
  • Amenities include executive conference center and wellness center

Property Analytics

Current Use

Marmon Food Services ... Big Box & Wholesale Store Merlin Law Group, ... Law Firm Conley Robert A Law Firm Cornerstone Research Financial Consultant Quantitative Risk Management Financial Advisor

Suggested Use

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

38,744
Businesses Nearby

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
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
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Frequently Asked Questions

What type of property is this?
Office building - For lease in a 50-story Class A office building with executive conference and wellness centers.
Where is this office building located?
The property is located at 181 W Madison St Chicago, IL.
What are key features of this property?
This property features: 50‑story Class A office building in Chicago Loop; Year built 1990; listing size 952,559 SF; typical floor size 22,000 SF; Amenities include executive conference center and wellness center
(312) 558-3860 Call to check price and availability
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