500 W Madison St Chicago, IL 60661
Property profile & analytics
500 W Madison St Chicago, IL 60661
- Office buildings
- 1,998,500 SF
- 2.03 lot acres
Property ID
US28-2637986
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
- Premiere Chicago Appliance Repair / Home Appliance Store
- solve for (x) / Business Management Consultant / Service Establishment
- Held John J / Law Firm
- Infor / (Bike/Boat/Book/etc) Store / Corporate Office
- Managility US / (Bike/Boat/Book/etc) Store / Corporate Office
Property Details for 500 W Madison St
- Year built
- 1988
- Lot size
- 2.03 lot acres
- Property size
- 1,998,500 SF
- Property type
- Office buildings
- APN
- 17-09-342-002
- APU
- 1709342002
Description
The Accenture Tower presents a unique opportunity for retail businesses seeking a high-traffic location in Cook County. This Class A, 40-story building, constructed in 1987 and extensively renovated in 2021, offers a total of 1,448,095 square feet of space, with 70,000 square feet dedicated to retail. Currently, there are 15 available retail spaces ranging from a minimum of 193 square feet to a maximum contiguous space of 4,957 square feet, perfect for a variety of businesses. The building's strategic location within a transportation center ensures high visibility and accessibility, benefiting from over 60,000 weekday commuters and more than 192,000 employees within a four-block radius. While the building itself does not offer dedicated parking spaces (parking ratio is 0.04 spaces per 1,000 square feet), its prime location offers convenient access to public transportation. The building is equipped with elevators for easy access to all floors. This is an exceptional opportunity to establish a presence in a vibrant and densely populated area. The building's modern amenities and high-profile location make it an ideal choice for businesses seeking maximum exposure and foot traffic. Contact us today to learn more about available spaces and lease terms.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6405
- Latitude
- 41.8824
- 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
$14,242,595
$4,337,813
$64,672,362
$69,010,175
-
$17,351,252
$258,689,448
$276,040,700
