120 W Madison St Chicago, IL 60602
Property profile & analytics
120 W Madison St, Chicago, IL 60602
- Office buildings
- 111,200 SF
- 0.21 lot acres
Property ID
US28-2710128
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Thompson Law Group P.C. / Law Firm
- L. Bradley Law, LLC. / Law Firm
- Listo Technical Services / Electronics & Wireless Store
- Staver Accident Injury Lawyers, P.C. / Law Firm
- The Attorney's Clerk / Law Firm
Property Details for 120 W Madison St
- Year built
- 1929
- Lot size
- 0.21 lot acres
- Property type
- Office buildings
- APN
- 17-09-460-002
- APU
- 1709460002
Description
This exceptional Class B office building, located at 120 West Madison Street in Chicago's Central Loop (60602), offers a diverse range of office spaces ideal for businesses of all sizes. The property boasts a total of 111,323 square feet, with 23 individual suites available for lease. Spaces range from a minimum of 699 square feet to a maximum contiguous space of 7,157 square feet, providing flexibility for various occupancy needs. Currently, 52,297 square feet are vacant, presenting a significant opportunity for immediate occupancy. Built in 1929, this building offers a blend of classic charm and modern functionality. Amenities include three passenger elevators, ensuring efficient access to all floors, along with convenient conferencing facilities and secure bicycle storage for employees. The building's location in the heart of the Chicago Loop provides unparalleled access to public transportation, restaurants, and other essential businesses. This property is perfect for businesses seeking a prestigious address in a vibrant and dynamic urban environment. The building's "Executive Office" and "Creative Office" sub-types cater to a wide range of business styles and needs. Inquire today to explore the available spaces and secure your ideal office location within this highly sought-after Chicago Loop address. Cook County location.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $14,975,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $26,585,000 Change: +78% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $19,130,000 Change: +28% Conversion: Easy
- RETAIL STORES
- $16,185,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $13,320,000 Change: -11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6317
- Latitude
- 41.8823
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$600,394
$1,350,000
$1,569,035
$2,919,035
-
$5,400,000
$6,276,140
$11,676,140
