Historic Landmark Office
For Lease
Contact for pricing
29 E Madison St, Chicago, IL 60602
Nineteen-story office building with newly renovated common areas and modern office spaces, plus 24/7 security and on-site management.
Property Size2,575 SF
Days on Market760
Property Features for 29 E Madison St
General Information
Standard status
Active
Size
2,575 SF
Property subtype
OFFICE
Lease Type
SF/yr
Listing Agency:
Marc Realty
(312) 994-5656
Listed By:
Joe Storiz
Source:
Moodyscre
Added: Jul 1, 2024
Changed: Jul 27
Last Checked: Jul 30 at 11:30AM
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 Marc Realty
Investment Insights
Based on property information with market context.
29 E Madison is a historic landmark office building featuring newly renovated common areas and completed modern office spaces. The property includes an on-site management team, 24/7 building security, and a building conference room. Top-floor offices offer views of the city skyline, Lake Michigan, and Millennium Park.
The building is within the jewelers district and is positioned next to Target. It is within one block of Millennium Park and the Chicago cultural center, with abundant parking available at Millennium Park and nearby city garages. Public transportation is within walking distance.
Retail tenants within the building include TCF Bank, 7/11, Linxia Beauty, and Hanabusa Cafe.
The building is within the jewelers district and is positioned next to Target. It is within one block of Millennium Park and the Chicago cultural center, with abundant parking available at Millennium Park and nearby city garages. Public transportation is within walking distance.
Retail tenants within the building include TCF Bank, 7/11, Linxia Beauty, and Hanabusa Cafe.
Key Highlights
- 19‑story historic landmark office building next to Target (The Heyworth Building) in the jeweler’s district
- 236,000 rsf building with newly renovated common areas and completed modern office spaces
- Rental rate of $26–$29 SF per year
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
35,699
Businesses Nearby
Explore this area
Business Placement
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
This space is priced 1% below the average of $23.25 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - Nineteen-story office building with newly renovated common areas and modern office spaces, plus 24/7 security and on-site management.
Where is this office building located?
The property is located at 29 E Madison St Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 19‑story historic landmark office building next to Target (The Heyworth Building) in the jeweler’s district; 236,000 rsf building with newly renovated common areas and completed modern office spaces; Rental rate of $26–$29 SF per year
