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Office Building with Heated Valet Parking
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70 W Madison St, Chicago, IL 60602

Office building offers an indoor heated, private valet parking garage, plus an in-building pedway and visitor/event parking.

Property Size2,290 SF
Days on Market162

Property Features for 70 W Madison St

General Information

Standard status Active
Size 2,290 SF
Property subtype OFFICE

Amenities

The Loft Tenant Lounge
indoor heated private valet parking garage
conference center
atrium
In-Building Pedway Access
fitness center
Car Wash and Detailing Services
Visitor and Event Parking
EV Charging
Messenger / courier center
On-site management
Listing Agency: Madison Rose
Listed By: Andrew Marty
Source: Moodyscre
Added: Feb 18 Changed: Jul 29 Last Checked: Jul 30 at 7:33AM

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 Madison Rose

Investment Insights

Based on property information with market context.

This office building includes a Loft Tenant Lounge and access to an indoor heated, private valet parking garage. The property also features an in-building pedway connection and a magnificent nine-story atrium, along with a 4,000-square-foot conference center. For on-site amenities, the Lift Fitness Center offers 13,481 square feet of fitness space, and car wash and detailing services are available for day-to-day convenience.

On-site support and shared services include visitor and event parking, EV charging, and a messenger/courier center. The building also has on-site management to support tenant operations and building services.

Overall, the space is designed around substantial shared amenities and internal connectivity, including the conference center, fitness center, and pedway access, with dedicated parking options for visitors and events.

Key Highlights

  • Magnificent nine‑story atrium
  • Indoor heated, private valet parking garage
  • In‑building pedway access

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

Location Intelligence

Trade Area within ½ mile

40,863
Businesses Nearby

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

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

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 - Office building offers an indoor heated, private valet parking garage, plus an in-building pedway and visitor/event parking.
Where is this office units located?
The property is located at 70 W Madison St Chicago, IL.
What are key features of this property?
This property features: Magnificent nine‑story atrium; Indoor heated, private valet parking garage; In‑building pedway access
(513) 520-4282 Call to check price and availability
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