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Refurbished Office Space with Amenities
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400 W Madison St, Chicago, IL

Full floor office space with planned amenity upgrades and access.

Space Size2,540 SF - 22,297 SF
Lot Size2.42 Acres
Days on Market322

Property Features for 400 W Madison St

General Information

Standard status Active
Size 2,540 SF - 22,297 SF
Lot size 2.42 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 400 W Madison St Contact us
Name Size Type Rate Availability
2 North Riverside Pl 21,016 SF OFFICE $45/SF/Yr AVAILABLE, 90 Days Contact us
2 North Riverside Pl 6,489 SF OFFICE $45/SF/Yr AVAILABLE, 90 Days Contact us
2 North Riverside Pl 14,042 SF OFFICE $45/SF/Yr AVAILABLE, 90 Days Contact us
2 North Riverside Pl 6,595 SF OFFICE $45/SF/Yr AVAILABLE, 90 Days Contact us
2 North Riverside Pl 20,768 SF OFFICE $45/SF/Yr AVAILABLE, 90 Days Contact us
400 W Madison St 12,275 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 2,540 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 6,938 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 22,297 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 12,711 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 6,461 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 5,604 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 19,425 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 3,537 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 5,599 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 5,795 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 14,025 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
400 W Madison St 4,999 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
2 North Riverside Pl 7,211 SF OFFICE $45/SF/Yr AVAILABLE, Now Contact us
Listing Agency: Blue Star Properties
Listed By: Mike Lombardo
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 10 Last Checked: Oct 11 at 9:41AM

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 Blue Star Properties

Investment Insights

Based on property information with market context.

This property offers a white-boxed full floor availability with unobstructed views. The 26-story Art Deco office building, designed in 1929, provides approximately 615,000 rentable square feet. Building upgrades include a planned 22,000 square foot amenity lounge on the 2nd floor, in addition to updating the gym on the 25th floor, and the current tenant lounge on the 24th floor which includes conferencing, lounge seating, and an outdoor terrace. Corridor updates, spec suites, and plaza activation are also included in the plans. The property features direct, skybridge access to Ogilvie Station, with over 20 food options without having to go outside. There are also plans to activate Chicago's first open air plaza with farmers markets, concerts, and other gatherings.

Key Highlights

  • Direct skybridge access to Ogilvie Station with over 20 food options.
  • 22,000 SF amenity lounge on the 2nd floor.
  • Newly renovated gym on the 25th floor.

Property Analytics

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Open Analytics

Current Use

Radio Communications Corporation Radio Station CVS Photo (Bike/Boat/Book/etc) Store MoneyGram Bank Coinhub Bitcoin ATM ... Atm PNC Bank ATM Atm

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Garden Center

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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30,193
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$27.29 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,713 SF
Avg Space Size

This space is priced 65% above the average of $27.29 /SF/Yr.

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 - Full floor office space with planned amenity upgrades and access.
Where is this office units located?
The property is located at 400 W Madison St Chicago, IL.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Direct skybridge access to Ogilvie Station with over 20 food options.; 22,000 SF amenity lounge on the 2nd floor.; Newly renovated gym on the 25th floor.
(312) 855-2233 Call to check price and availability
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