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Office Space with Open Plan
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500 W Monroe St, Chicago, IL 60661

Efficient open-plan office suite with significant AV, FF&E included, and abundant parking.

Property Size28,555 SF
Days on Market486

Property Features for 500 W Monroe St

General Information

Standard status Active
Size 28,555 SF
Property subtype OFFICE

Space & Availability

Space Use Office
Sublease Yes
Furnished Yes

Amenities

Significant AV
Listing Agency: CBRE | Chicago
Listed By: Pete Delneky
Source: Moodyscre
Added: Apr 5, 2025 Changed: Jul 30 Last Checked: Aug 2 at 1:54PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Office space at 500 W Monroe St configured with an open, efficient plan for flexible use. The space is offered for rent with a term ending November 30, 2027. Three sublease floors are available, and the layout is described as being in great existing condition.

The space includes all FF&E available, with Knoll workstations and Herman Miller chairs called out. Significant AV is provided throughout the space to support meetings and day-to-day operations. Abundant parking is also listed as available for occupants and visitors.

Interested parties should confirm sublease terms and the specific floor availability during the application and viewing process.

Key Highlights

  • 28,555 SF office space at 500 W Monroe St
  • Open, efficient plan with an open configuration
  • Three sublease floors available

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

$28.7 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,166 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 units - Efficient open-plan office suite with significant AV, FF&E included, and abundant parking.
Where is this office units located?
The property is located at 500 W Monroe St Chicago, IL.
What are key features of this property?
This property features: 28,555 SF office space at 500 W Monroe St; Open, efficient plan with an open configuration; Three sublease floors available
(312) 935-1440 Call to check price and availability
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