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    29 Madison St Chicago, IL 60602

    Sponsored
    For Lease
    $23 SF/Yr

    Iconic Loop Office Building, 61,015 SF Available

    Lot size:
    236,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    29 East Madison offers a prestigious office opportunity in Chicago's vibrant Central Loop submarket. This historic landmark building boasts 236,000 square feet across 19 stories, providing a range of flexible office spaces suitable for various business needs. Currently, there are 61,015 square feet of vacant space available, divisible into units as small as 302 square feet and up to a contiguous 5,474 square feet. The building features stunning city skyline, Lake Michigan, and Millennium Park views from its upper floors. On-site management and 24/7 building security ensure a safe and efficient work environment. A convenient building conference room is also available for tenant use. Located at 29 E Madison St, in Cook County, IL, 60602, this property is ideally situated within the Jewelers District, offering easy access to public transportation and a wealth of amenities. The building caters to diverse business models, accommodating traditional, executive, and creative office spaces within its multiple tenancy structure. This is a rare opportunity to secure prime office space in one of Chicago's most sought-after locations.

    Property Features for 29 Madison St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    236,000 SF
    Total Rate
    452333.33

    Building Details

    Stories
    19

    Unit(s) available at that property

    Space
    Suite 400
    Size
    5,474 SF
    Rate per SF
    $28
    Space
    Suite 945
    Size
    2,178 SF
    Rate per SF
    $23
    Space
    Suite 525
    Size
    1,839 SF
    Rate per SF
    $26
    Space
    Suite 940
    Size
    1,771 SF
    Rate per SF
    $23
    Space
    Suite 1202
    Size
    556 SF
    Rate per SF
    $27
    Space
    Suite 808
    Size
    1,270 SF
    Rate per SF
    $27
    Space
    SUITE 1116
    Size
    2,944 SF
    Rate per SF
    $28
    Space
    Suite 1312
    Size
    2,748 SF
    Rate per SF
    $27
    Space
    Suite 1315
    Size
    319 SF
    Rate per SF
    $27
    Space
    Suite 1117
    Size
    1,325 SF
    Rate per SF
    $27
    Space
    Suite 1610
    Size
    2,109 SF
    Rate per SF
    $27
    Space
    Suite 1111
    Size
    980 SF
    Rate per SF
    $27
    Space
    Suite 1507A
    Size
    150 SF
    Rate per SF
    $27
    Space
    Suite 920
    Size
    1,840 SF
    Rate per SF
    $23
    Space
    Suite 600
    Size
    4,082 SF
    Rate per SF
    $28
    Space
    Suite 610
    Size
    2,222 SF
    Rate per SF
    $26
    Space
    Suite 1220
    Size
    498 SF
    Rate per SF
    $27
    Space
    Suite 810
    Size
    2,196 SF
    Rate per SF
    $27
    Space
    Suite 1318
    Size
    446 SF
    Rate per SF
    $27
    Space
    Suite 420
    Size
    1,949 SF
    Rate per SF
    $23
    Space
    Suite 1108
    Size
    1,254 SF
    Rate per SF
    $27
    Space
    Suite 1640
    Size
    1,767 SF
    Rate per SF
    $27
    Space
    Suite 1800
    Size
    1,338 SF
    Rate per SF
    $27
    Space
    Suite 1102
    Size
    467 SF
    Rate per SF
    $27
    Space
    Suite 1507
    Size
    1,455 SF
    Rate per SF
    $27
    Space
    Suite 1212
    Size
    814 SF
    Rate per SF
    $27
    Space
    Suite 605
    Size
    1,270 SF
    Rate per SF
    $27
    Space
    Suite 1104
    Size
    371 SF
    Rate per SF
    $27
    Space
    Suite 806
    Size
    2,575 SF
    Rate per SF
    $28
    Space
    Suite 1421
    Size
    439 SF
    Rate per SF
    $27
    Space
    Suite 1109
    Size
    1,762 SF
    Rate per SF
    $27
    Space
    Suite 1514
    Size
    1,312 SF
    Rate per SF
    $27
    Space
    Suite 930
    Size
    1,793 SF
    Rate per SF
    $23
    Property Profile Location Intelligence

    Current Use by Public Records

    Team Curb Appeal Demolition Contractor Cynosure Risk Advisors ... Business Management Consultant William Levine Inc Jewelry Store Dundee Watch Co Watch Store E.M Trading Diamond Dealer

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6279845
    Latitude
    41.8824365

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    FAQs

    What type of property is this?
    Office space - Iconic Loop Office Building, 61,015 SF Available
    Where is this office space located?
    The property is located at 29 Madison St Chicago, IL.
    What is the lease rate?
    The lease rate is $23-$28 SF/Yr.
    Request Owner's contact information
    29 Madison St Chicago, IL 60602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 Madison St Chicago, IL 60602
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