The Franklin - 227 West Monroe Street - Office Space Availability

For LeaseContact for pricing See below for details.

227 West Monroe Street, Chicago, IL 60606

  • Office
  • General Office
  • 25,741 Sqft

The Franklin - 227 West Monroe Street, Chicago, IL 60606 - Office Space for rent

The Franklin - 227 West Monroe Street is located at 227 West Monroe Street in the Chicago Loop neighborhood, IL, Chicago, 60606. The Class A Office building was completed in 1989 and features a total of 1,583,900 Sqft. There is 1 Office space available for lease at 227 West Monroe Street, Chicago, IL, 60606, totaling 25,741 Sqft. The largest space available has 25,741 Sqft.

There are 1,439 office spaces for lease in the Chicago Loop neighborhood, totaling 12,663,642 Sqft of available office space. The office space availability for the 60606 zip code is 6,290,193 Sqft, in 621 office spaces. The average asking office rent per sq. ft. in Chicago Loop is $28.94/sqft/year. For Class A+ office buildings the average office rate is $32.78/sqft/year, for Class A office buildings the average office rate is $27.69/sqft/year, for Class B office buildings the average office rate is $28.49/sqft/year, for Class C office buildings the average office rate is $36.83/sqft/year.

In Chicago Loop, there are 69 class A office buildings. In Chicago Loop, there are a total of 49 LEED certified office buildings. In 1989, the same year The Franklin - 227 West Monroe Street was built, 91 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 4,457,900 square feet of commercial space. At zip code level, there are 62 commercial properties, of which 61 are office buildings over 50,000 square feet.

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Nearby Properties

Details

  • Price Contact for pricing
  • City Chicago
  • Neighborhood Chicago Loop
  • Zip Code 60606
  • Market Chicago
  • Property Type Office - General Office
  • Property Size 1,583,900 Sqft
  • Lot Size 1.03 Acre
  • Parking Spaces Avail. 221
  • Parking Ratio 0.14/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Silver
  • Building Class A
  • Year Built 1989
  • Date Updated 13 Oct, 2020

Availability

Suite Name Space Type Lease Rate Space Available
41st Floor General Office Contact for pricing 25,741 Sqft
  • Suite 41st Floor
  • Space Type General Office
  • Total Space Available 25,741 Sqft
  • Floor From 41 To 41
  • Divisible Space No
  • Min Divisible 25,741 Sqft
  • Max Contiguous 25,741 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Arranged
  • Call For Terms Yes
  • Renewal Option No
  • Sub Lease Yes
  • Sub Lease Expiry Friday, August 31, 2029

Available with 90 days notice.

Furnished suite.

Exclusive Brokers

Kyle Hundelt Is this you?

Colliers International

(312) 777-2621

Grant Rich Is this you?

Colliers International

(312) 612-5907

FREQUENTLY ASKED QUESTIONS

How many office spaces are available at The Franklin - 227 West Monroe Street?

There is currently 1 office space in this building.

What is the largest space available at The Franklin - 227 West Monroe Street?

Currently, the largest rentable space at The Franklin - 227 West Monroe Street totals 25,741 square feet.

What is the total square footage of The Franklin - 227 West Monroe Street?

The Franklin - 227 West Monroe Street totals 1,583,900 square feet.

When was this property built?

The Franklin - 227 West Monroe Street was built in 1989.

Chicago Loop Demographics

The average household income in zip code 60606 is $195,357, from a total of 2,084 households. In terms of employment, there are 98.27 % white-collar and 1.73 % blue-collar jobs in zip code 60606.

Population

  • Total Population10,343
  • Male Population(49.5 %) 5,119
  • Female Population(50.5 %) 5,225
  • Median Age32.40

Income/Financial

  • Average Household Income$173,270
  • Median Household Income$131,477
  • Median Income Under 25$2,499
  • Median Income 25-44$150,735
  • Median Income 45-64$214,548
  • Median Income Over 65$184,290

Leasing Contacts Register now to add listings

Ellen May Is this you?

Tishman Speyer

(312) 669-8133

Justin Lewis Is this you?

Tishman Speyer

(312) 669-8143

Carey Spignese Is this you?

Tishman Speyer

(312) 669-8105