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.