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Ogilvie Station Office Space
For Lease
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500 W Madison St, Chicago, IL 60661

Office space in a 40-story glass building above Ogilvie station.

Space SizeContact for details
Days on Market800

Property Features for 500 W Madison St

General Information

Standard status Active
Property subtype Office

Building Details

Tenancy Multiple

Spaces For Lease

at 500 W Madison St Contact us

1 - 20 Desks

Type
Office
Lease Type
Gross
Availability
Active
Contact us

10th Floor

Type
Office
Lease Type
Gross
Availability
Active
Contact us

41-70 Desks

Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Brookline Real Estate
Listed By: Dominick Cannata · License #IL 00000
Source: Crexi
Added: Jun 17, 2024 Changed: Aug 12 Last Checked: Aug 24 at 12:06AM

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 Brookline Real Estate

Investment Insights

Based on property information with market context.

This office space is located in a 40-story glass building situated directly above the Ogilvie train station, positioning it within one of Chicago’s most walkable neighborhoods. The space offers views of Chicago’s historic landmarks. The location is in the West Loop, one of Chicago’s fastest-growing neighborhoods, and is connected by transit options.

Key Highlights

  • Located directly on top of Ogilvie train station.
  • Situated in Chicago's most walkable neighborhood.
  • Best‑in‑class service and amenities.

Property Analytics

Current Use

Premiere Chicago Appliance ... Home Appliance Store solve for (x) Business Management Consultant Held John J Law Firm Infor (Bike/Boat/Book/etc) Store Managility US (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service 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

31,503
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

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?
Coworking space - Office space in a 40-story glass building above Ogilvie station.
Where is this coworking space located?
The property is located at 500 W Madison St Chicago, IL.
What are key features of this property?
This property features: Located directly on top of Ogilvie train station.; Situated in Chicago's most walkable neighborhood.; Best‑in‑class service and amenities.
(630) 590-5910 Call to check price and availability
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