123 W Madison St, Chicago, IL 60602 - Office Space
123 W Madison St is located at 123 W Madison St in the Chicago Loop neighborhood, IL, Chicago, 60602. The Class C Office building was completed in 1913 and features a total of 70,000 Sqft.
The average property tax per square foot paid by a commercial property in zip code 60602 is $2.
There are 1,898 office spaces for lease in the Chicago Loop neighborhood, totaling 17,786,435 Sqft of available office space. The average asking office rent per sq. ft. in Chicago Loop is $19.56/sqft/year. For Class A+ office buildings the average office rate is $19.73/sqft/year, for Class A office buildings the average office rate is $19.55/sqft/year, for Class B office buildings the average office rate is $19.91/sqft/year.
In Chicago Loop, there are a total of 52 LEED certified office buildings. In 1913, the same year 123 W Madison St was built, 41 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 1,511,345 square feet of commercial space. At zip code level, there are 28 commercial properties, of which 28 are office buildings over 50,000 square feet.