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44-Story West Loop Office Tower
For Lease
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500 West Monroe Street, Chicago, IL 60661

44-story office tower offering abundant natural light and sweeping skyline views in Chicago’s West Loop.

Space SizeContact for details
Days on Market21

Property Features for 500 West Monroe Street

General Information

Standard status Active
Property subtype Office

Building Details

Stories 44
Listing Agency: CBRE | Chicago
Listed By: Greg Tait
Source: Cbre
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 12 at 11:02AM

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.

500 West Monroe is a 44-story office tower in Chicago’s West Loop. The building is described as having exceptional connectivity, abundant natural light, and sweeping skyline views.

The property features an ongoing focus on the arrival experience, with a transformative lobby renovation noted as on the horizon. This positions the building to support modern workplace expectations while maintaining the strong day-to-day experience highlighted in the current remarks.

As a purpose-built office asset, 500 West Monroe is available for rent and is intended for organizations seeking a high-rise presence with the amenities described above.

Key Highlights

  • 44‑story office tower in Chicago’s West Loop at 500 West Monroe
  • Abundant natural light throughout the building
  • Sweeping skyline views

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

$18.58 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,067 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 - 44-story office tower offering abundant natural light and sweeping skyline views in Chicago’s West Loop.
Where is this office building located?
The property is located at 500 West Monroe Street Chicago, IL.
What are key features of this property?
This property features: 44‑story office tower in Chicago’s West Loop at 500 West Monroe; Abundant natural light throughout the building; Sweeping skyline views
More about this property
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