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Class A Office Space
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70 W Madison St, Chicago, IL

Class A office space with numerous amenities and convenient access.

Property Size16,130 SF
Lot Size1.07 Acres
Days on Market248

Property Features for 70 W Madison St

General Information

Standard status Active
Size 16,130 SF
Lot size 1.07 Acres
Property subtype OFFICE
Listing Agency: Willard Jones Real Estate
Listed By: Jonathan Zimmerman · License #475144084
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:39AM

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 Willard Jones Real Estate

Investment Insights

Based on property information with market context.

This Class A office space is located within a fifty-seven-floor building that features three-sided bay windows, a traditional element of Chicago turn-of-the-century architecture, with floor-to-ceiling, tinted, reflective glass panels. The building provides a range of amenities, including a building concierge, fitness center, bike storage, and a conference room. It is LEED Silver certified. On-site conveniences include a Starbucks, restaurant, banking facilities, and a convenience store. Destination elevators serve the floors, and in-building pedway access is available to CTA and government buildings. The property is managed on-site.

Key Highlights

  • In‑building pedway access to CTA & government buildings
  • Class A office space featuring three‑sided bay windows and floor‑to‑ceiling glass panels
  • Onsite management by Hearn

Property Analytics

Current Use

Daley Carolyn S Law Firm Ratzburg Courtney Law Firm Fedota Childers PC: ... Law Firm Proskauer Law Firm Hartnett Daniel J Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Clothing & Fashion Store Nursing Home

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

40,863
Businesses Nearby

Market

Lease Benchmarks for Chicago, IL

$27.06 /SF/Yr
Avg Asking Price
$6.41–$70 /SF/Yr
Price Range
15,999 SF
Avg Space Size

This space is priced 18% above the average of $27.06 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space with numerous amenities and convenient access.
Where is this office units located?
The property is located at 70 W Madison St Chicago, IL.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: In‑building pedway access to CTA & government buildings; Class A office space featuring three‑sided bay windows and floor‑to‑ceiling glass panels; Onsite management by Hearn
(312) 263-8787 Call to check price and availability
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