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Fitness Center Office Suite
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500 W Monroe St, Chicago, IL 60661

Refreshed in 2022, this cardio-and-weights facility includes locker rooms, showers, and key card access.

Property Size28,693 SF
Days on Market710

Property Features for 500 W Monroe St

General Information

Standard status Active
Size 28,693 SF
Property subtype OFFICE

Amenities

New Matrix cardio and weight equipment
Locker room and shower facilities
Towel service
WiFi connectivity
Key card access
Various meeting configurations available
Seats up to 80 people
Thoughtful seating areas and touchdown space

Building Details

Year Renovated 2022
Stories 44
Construction granite clad
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Michael Sessa
Source: Moodyscre
Added: Aug 20, 2024 Changed: Jul 29 Last Checked: Jul 30 at 12:43PM

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 Cushman & Wakefield - Corporate

Investment Insights

Based on property information with market context.

500 W Monroe is a 44-story, granite-clad building at the corner of Monroe and Canal Streets. The refreshed fitness space includes new Matrix cardio and weight equipment, locker room and shower facilities, towel service, and WiFi connectivity.

The space offers various meeting configurations and seating for up to 80 people, along with thoughtful seating areas and “touchdown” space. Access is controlled via key card, and the facility is available to all building tenants.

Operationally, the layout is designed to support both training and small group gatherings within the building’s tenant base.

Key Highlights

  • Fitness facility at 500 West Monroe, a 44‑story granite‑clad building on the corner of Monroe and Canal Streets
  • Cardio and weight equipment refreshed in 2022, including new Matrix cardio and weight equipment
  • Locker room and shower facilities, plus towel service

Property Analytics

Current Use

bswift (Bike/Boat/Book/etc) Store Motorola Solutions Corporate Office Heller International Tower Real Estate Agency Marsh USA Inc: ... Insurance Agency Unum Insurance Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

30,193
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
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 - Refreshed in 2022, this cardio-and-weights facility includes locker rooms, showers, and key card access.
Where is this office building located?
The property is located at 500 W Monroe St Chicago, IL.
What are key features of this property?
This property features: Fitness facility at 500 West Monroe, a 44‑story granite‑clad building on the corner of Monroe and Canal Streets; Cardio and weight equipment refreshed in 2022, including new Matrix cardio and weight equipment; Locker room and shower facilities, plus towel service
(312) 286-1645 Call to check price and availability
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