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555 West Madison Street Chicago, IL 60661

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Prime retail, restaurant, and medical space in Chicago's West Loop.

Type:Retail
Property size:
135,000 SF
Added:
Jan 27, 2026
Days on Market:
64
Last Refresh:
Mar 25 at 9:11 pm

Property Features for 555 West Madison Street

General Information

Standard status
Active
Size
135,000 SF
Property subtype
Retail

Building Details

Year Built
1986

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Listing Contact
Matthew Tarshis
Matthew Tarshis

Listing agent Matthew Tarshis

Listing office Frontline Real Estate Partners, LLC

Listing date Jan 27, 2026

Source Frontlinerepartners

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 Frontline Real Estate Partners, LLC


Overview

Presidential Towers Retail Leasing Opportunity

Presidential Towers presents an exceptional leasing opportunity in Chicago’s West Loop neighborhood. This property, comprised of four 49-story apartment buildings, is situated across two city blocks, near Ogilvie Transportation Center and Union Station. The location benefits from a captive audience of over 4,000 residents within Presidential Towers and a daytime population exceeding 183,000 within a half-mile radius. The property has recently undergone a multi-million dollar renovation, including a new fitness club, sundeck, and upgraded lobby and restaurants. With over 135,000 square feet of retail space, Presidential Towers is suitable for retail, restaurant, medical office, or service-oriented businesses. Available units feature second-generation kitchen equipment, a former grocer, a former coffee shop, spacious interiors, and expansive window lines with exposure to up to 45,000 vehicles per day. On-site parking is available, with convenient access to the Kennedy Expressway. Located in an affluent neighborhood, the area has an average household income of $107,394. The property is located between West Madison Street and West Monroe Street, and South Clinton Street and South Des Plaines Street. The location is in a densely populated neighborhood with 94,000 residents within a one-mile radius, with access to public transit, including Union Station, Ogilvie Transportation Center, and the Clinton Green/Pink and Clinton Blue 'L' stations. The area has a daytime employee population of approximately 492,000 people, with companies such as Boeing, CDW, Deloitte, Ernst & Young, Gogol, IBM, and Walgreens nearby. The property is located two blocks from the Madison Street ramps, providing access to the Kennedy Expressway (Interstate-90 and Interstate-94) and Interstate-290. The area is projected to experience a 7.07% population growth over the next five years. Neighboring retailers include Whole Foods, Mariano’s, Chicago’s French Market, Revival Food Hall, Walgreens, CVS/Pharmacy, and Starbucks.
Location Intelligence

Current Use by Public Records

Corporate Suites Network Vacation Rental TRNclean (Bike/Boat/Book/etc) Store 555 west madison Department Store Living Skills Physician Review Engage Pro Advertising Agency

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

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Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6416
Latitude
41.8816

FAQs

What type of property is this?
Shopping center - Prime retail, restaurant, and medical space in Chicago's West Loop.
Where is this shopping center located?
The property is located at 555 West Madison Street Chicago, IL.
What are key features of this property?
This property features: Prime location in Chicago's affluent West Loop neighborhood with high foot traffic.; Captive audience of over 4,000 residents within Presidential Towers, providing immediate customer base.; Excellent transportation access: steps from Ogilvie Transportation Center and Union Station.
More about this property
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