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Accenture Tower Mixed-Use Complex
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500 W Madison St, Chicago, IL 60661

1.5M SF Chicago West Loop office, retail, transportation complex.

Space Size394 SF - 6,915 SF
Property Size1,448,095 SF
Days on Market1469

Property Features for 500 W Madison St

General Information

Standard status Active
Size 394 SF - 6,915 SF
Class A
Property subtype Retail, Restaurant

Building Details

Building Size 1,448,095 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 500 W Madison St Contact us

Concourse Level - C014

Size
1,725 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C015

Size
1,825 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C016

Size
554 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C018

Size
633 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C020

Size
436 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C021

Size
394 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C022

Size
436 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Concourse Level - C023

Size
436 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Concourse Level - C103

Size
532 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Ground Floor - G001B

Size
3,957 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Ground Floor - G008

Size
6,915 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Savills Chicago
Listed By: Phillip Golding · License #IL
Source: Crexi
Added: Aug 4, 2022 Changed: Aug 8 Last Checked: Aug 10 at 3:26PM

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 Savills Chicago

Investment Insights

Based on property information with market context.

Accenture Tower, located at 500 West Madison Street in Chicago's West Loop, is a 1.5 million square foot mixed-use complex. Constructed in 1987, the property incorporates office, retail, and transportation functionalities. It is situated in a rapidly developing sub-market within the Chicago metropolitan area, characterized by high-density condominiums, apartments, and office spaces. The building is located atop the historic Northwestern Station, which connects Chicago's central business district to the northern and western suburbs via rail. The location provides access to transportation, retail amenities, and Class A office space. A major renovation completed in 2014 and 2015 updated the building's services.

Key Highlights

  • Class A office space with access to transportation, retail amenities, and office space all under one roof.
  • Located in Chicago's West Loop, one of the fastest‑growing sub‑markets in the Chicago metropolitan area.
  • Direct access to Northwestern Station connecting Chicago CBD to northern and western suburbs.

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

Lease Benchmarks for Chicago, IL

$23.58 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
73,527 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?
Mixed-use property - 1.5M SF Chicago West Loop office, retail, transportation complex.
Where is this mixed-use property located?
The property is located at 500 W Madison St Chicago, IL.
What are key features of this property?
This property features: Class A office space with access to transportation, retail amenities, and office space all under one roof.; Located in Chicago's West Loop, one of the fastest‑growing sub‑markets in the Chicago metropolitan area.; Direct access to Northwestern Station connecting Chicago CBD to northern and western suburbs.
More about this property
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