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Property profile & analytics

500 Madison St Chicago, IL 60661

  • Office buildings
  • 1,998,500 SF
  • 2.03 lot acres
Value Estimations
$1,460,000
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Premiere Chicago Appliance Repair / Appliance Repair Service / Refrigerator Repair Service
  • solve for (x) / Business Management Consultant / Service Establishment
  • Held John J / Attorney
  • Infor / Software Company / Computer Consultant
  • Managility US / Software Company

Property Details for 500 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
  • AI approach

    Method
    Estimation
    ML approach
    $1,460,000

Get a detailed, property-specific valuation — 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
More about this property
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