500 West Madison Street - Office Space Availability

For Lease$24 - $30/Sqft/Year See below for details.

500 West Madison Street, Chicago, IL 60661

  • Office
  • 309,808 Sqft

500 West Madison Street, Chicago, IL 60661 - Office Space for rent

500 West Madison Street is located at 500 West Madison Street in the West Loop neighborhood, IL, Chicago, 60661. The Class A Office building was completed in 1987 and features a total of 1,400,000 Sqft. There are 14 Office spaces available for lease at 500 West Madison Street, Chicago, IL, 60661, totaling 309,808 Sqft. The largest space available has 42,539 Sqft and a rental rate of $26 - $30/Sqft/Year.

There are 109 office spaces for lease in the West Loop neighborhood, totaling 2,030,349.93 Sqft of available office space. The office space availability for the 60661 zip code is 1,398,528 Sqft, in 64 office spaces. The average asking office rent per sq. ft. in West Loop is $30.33/sqft/year. For Class A+ office buildings the average office rate is $41/sqft/year, for Class A office buildings the average office rate is $27.53/sqft/year, for Class B office buildings the average office rate is $33.25/sqft/year.

In West Loop, there are 20 class A office buildings. In West Loop, there are a total of 14 LEED certified office buildings. In 1987, the same year 500 West Madison Street was built, 133 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 4,424,263 square feet of commercial space. At zip code level, there are 34 commercial properties, of which 33 are office buildings over 50,000 square feet.

Nearby Listings

Nearby Properties

Details

  • Price $24 - $30/Sqft/Year
  • City Chicago
  • Neighborhood West Loop
  • Zip Code 60661
  • Market Chicago
  • Property Type Office
  • Property Size 1,400,000 Sqft
  • Parking Ratio 0.04/ 1,000 SF
  • Building Class A
  • Year Built 1987
  • Date Updated 04 Jul, 2020

Availability

Suite Name Space Type Lease Rate Space Available
Partial 5 Floor General Office $26 - $30/Sqft/Year 20,095 Sqft
  • Suite Partial 5 Floor
  • Space Type General Office
  • Total Space Available 20,095 Sqft
  • Floor From 5 To 5
  • Divisible Space No
  • Min Divisible 20,095 Sqft
  • Max Contiguous 20,095 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Possession Date Monday, January 1, 2018
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 3110 General Office $26 - $30/Sqft/Year 5,615 Sqft
  • Suite Suite 3110
  • Space Number 3110
  • Space Type General Office
  • Total Space Available 5,615 Sqft
  • Floor From 31 To 31
  • Divisible Space No
  • Min Divisible 5,615 Sqft
  • Max Contiguous 5,615 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 2900 General Office $24 - $30/Sqft/Year 18,300 Sqft
  • Suite Suite 2900
  • Space Number 2900
  • Space Type General Office
  • Total Space Available 18,300 Sqft
  • Floor From 29 To 29
  • Divisible Space Yes
  • Min Divisible 13,000 Sqft
  • Max Contiguous 18,300 Sqft
  • Lease Rate $24 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Sub Lease Yes
  • Sub Lease Expiry Thursday, May 30, 2024

Exclusive Brokers

Barbara Schenberg

Cushman & Wakefield

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 3200 General Office $26 - $30/Sqft/Year 37,414 Sqft
  • Suite Suite 3200
  • Space Number 3200
  • Space Type General Office
  • Total Space Available 37,414 Sqft
  • Floor From 32 To 32
  • Divisible Space Yes
  • Min Divisible 20,000 Sqft
  • Max Contiguous 37,414 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 1100 General Office $26 - $30/Sqft/Year 16,098 Sqft
  • Suite Suite 1100
  • Space Number 1100
  • Space Type General Office
  • Total Space Available 16,098 Sqft
  • Floor From 11 To 11
  • Divisible Space No
  • Min Divisible 16,098 Sqft
  • Max Contiguous 16,098 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Monday, November 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 1150 General Office $26 - $30/Sqft/Year 16,026 Sqft
  • Suite Suite 1150
  • Space Number 1150
  • Space Type General Office
  • Total Space Available 16,026 Sqft
  • Floor From 11 To 11
  • Divisible Space No
  • Min Divisible 16,026 Sqft
  • Max Contiguous 16,026 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Tuesday, December 1, 2020
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 3900 General Office $26 - $30/Sqft/Year 10,369 Sqft
  • Suite Suite 3900
  • Space Number 3900
  • Space Type General Office
  • Total Space Available 10,369 Sqft
  • Floor From 39 To 39
  • Divisible Space No
  • Min Divisible 10,369 Sqft
  • Max Contiguous 10,369 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Saturday, May 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 4000 General Office $26 - $30/Sqft/Year 31,506 Sqft
  • Suite Suite 4000
  • Space Number 4000
  • Space Type General Office
  • Total Space Available 31,506 Sqft
  • Floor From 40 To 40
  • Divisible Space No
  • Min Divisible 31,506 Sqft
  • Max Contiguous 31,506 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Saturday, May 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 1400 General Office $26 - $30/Sqft/Year 42,539 Sqft
  • Suite Suite 1400
  • Space Number 1400
  • Space Type General Office
  • Total Space Available 42,539 Sqft
  • Floor From 14 To 14
  • Divisible Space Yes
  • Min Divisible 20,000 Sqft
  • Max Contiguous 42,539 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 1500 General Office $26 - $30/Sqft/Year 42,518 Sqft
  • Suite Suite 1500
  • Space Number 1500
  • Space Type General Office
  • Total Space Available 42,518 Sqft
  • Floor From 15 To 15
  • Divisible Space Yes
  • Min Divisible 20,000 Sqft
  • Max Contiguous 42,518 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 3450 General Office $26 - $30/Sqft/Year 7,376 Sqft
  • Suite Suite 3450
  • Space Number 3450
  • Space Type General Office
  • Total Space Available 7,376 Sqft
  • Floor From 34 To 34
  • Divisible Space No
  • Min Divisible 7,376 Sqft
  • Max Contiguous 7,376 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Friday, January 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

33 Floor General Office $26 - $30/Sqft/Year 36,577 Sqft
  • Suite 33 Floor
  • Space Type General Office
  • Total Space Available 36,577 Sqft
  • Floor From 33 To 33
  • Divisible Space No
  • Min Divisible 36,577 Sqft
  • Max Contiguous 36,577 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Thursday, July 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 1600 General Office $26 - $30/Sqft/Year 21,407 Sqft
  • Suite Suite 1600
  • Space Number 1600
  • Space Type General Office
  • Total Space Available 21,407 Sqft
  • Floor From 16 To 16
  • Divisible Space No
  • Min Divisible 21,407 Sqft
  • Max Contiguous 21,407 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Specific Date
  • Possession Date Friday, January 1, 2021
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Suite 3150 General Office $26 - $30/Sqft/Year 3,968 Sqft
  • Suite Suite 3150
  • Space Number 3150
  • Space Type General Office
  • Total Space Available 3,968 Sqft
  • Floor From 31 To 31
  • Divisible Space No
  • Min Divisible 3,968 Sqft
  • Max Contiguous 3,968 Sqft
  • Lease Rate $26 - $30/Sqft/Year
  • Possession Type Immediate
  • Lease Type Net
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Description

This structure rises in curves of glass and steel to achieve the grand Art Deco style. Directly adjacent to the Northwest Train Station. Extensive retail mall/commuter concourse provides a unique shopping environment. Concourse features a grand sky lobby atrium with ceilings rising over 80', tiered galleries, glass skylights and lush plantings.

Highlights

  • Shops
  • restaurants
  • access to the Union Pacific Trains
  • atrium
  • balconies
  • banking
  • concierge
  • food court
  • mail room
  • on-site management
  • fitness center
  • common area upgrades
  • conference facilities
  • security/access
  • and public transit (subway/train/bus).

West Loop Demographics

The average household income in zip code 60661 is $138,255, from a total of 5,911 households. In terms of employment, there are 98.74 % white-collar and 1.26 % blue-collar jobs in zip code 60661.

Population

  • Total Population6,688
  • Male Population(50.9 %) 3,406
  • Female Population(49.1 %) 3,282
  • Median Age30.80

Income/Financial

  • Average Household Income$153,006
  • Median Household Income$107,245
  • Median Income Under 25$31,476
  • Median Income 25-44$114,091
  • Median Income 45-64$122,351
  • Median Income Over 65$42,692

Leasing Contacts Register now to add listings

Matt Lerner

Cushman & Wakefield

(312) 819-1254

Wendy Katz

Cushman & Wakefield

(312) 819-1175

Barbara Schenberg

Cushman & Wakefield