Search
Office Building with Skybridge Access
For Lease
Contact for pricing

400 W Madison St, Chicago, IL 60606

26-story Art Deco office building offers skybridge access to Ogilvie Station and planned amenity upgrades.

Property Size6,595 SF
Days on Market322

Property Features for 400 W Madison St

General Information

Standard status Active
Size 6,595 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

amenity lounge
gym
tenant lounge
conferencing
lounge seating
outdoor terrace
tenant roof deck
skybridge access
food options
outdoor plaza

Building Details

Year Built 1929
Stories 26
Construction Art Deco
Tenancy Multi
Listing Agency: Blue Star Properties
Listed By: Amy Skalla
Source: Moodyscre
Added: Sep 15, 2025 Changed: Jul 25 Last Checked: Aug 2 at 2:51PM

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.

Two North Riverside Plaza, located at 400 W Madison St, is a 26-story Art Deco office building originally designed in 1929 by Holabird & Root for the Chicago Daily News. The building is in good existing condition and can be made available with 90 days notice. Building upgrades planned include a 22,000 SF amenity lounge on the 2nd floor, along with improvements to the gym on the 25th floor and the current tenant lounge on the 24th floor, which includes conferencing, lounge seating, and an outdoor terrace. Additional work includes corridor updates and spec suites, as well as plaza activation.

The property provides direct skybridge access to Ogilvie Station, with more than 20 food options available without going outside. Planned renovations also include a new 22,000 SF tenant lounge, a refreshed gym, and a tenant roof deck. There are also plans to activate Chicago’s first open air plaza (Two Plaza) with farmers markets, concerts, and other gatherings.

Key Highlights

  • 26‑story Art Deco office building designed in 1929 by Holabird & Root for the Chicago Daily News
  • Approximately 615,000 rentable SF
  • Direct skybridge access to Ogilvie Station, with over 20 food options without going outside

Property 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 (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Buffet Adult Day Care Clothing & Fashion Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

30,193
Businesses Nearby

Demographics for 60606, IL

3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
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 94% above the average of $23.25 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 26-story Art Deco office building offers skybridge access to Ogilvie Station and planned amenity upgrades.
Where is this office building 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: 26‑story Art Deco office building designed in 1929 by Holabird & Root for the Chicago Daily News; Approximately 615,000 rentable SF; Direct skybridge access to Ogilvie Station, with over 20 food options without going outside
(312) 855-2233 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message