The Marquette Building

Off Market

140 South Dearborn Street, Chicago, IL 60603

  • Office
  • General Office
  • 300,000 Sqft

The Marquette Building, Chicago, IL 60603 - Office Space

The Marquette Building is located at 140 South Dearborn Street in the Chicago Loop neighborhood, IL, Chicago, 60603. The Class B Office building was completed in 1895 and features a total of 300,000 Sqft.

There are 1,437 office spaces for lease in the Chicago Loop neighborhood, totaling 12,427,886 Sqft of available office space. The office space availability for the 60603 zip code is 1,736,573 Sqft, in 239 office spaces. The average asking office rent per sq. ft. in Chicago Loop is $29.15/sqft/year. For Class A+ office buildings the average office rate is $32.53/sqft/year, for Class A office buildings the average office rate is $28.42/sqft/year, for Class B office buildings the average office rate is $28.66/sqft/year, for Class C office buildings the average office rate is $36.83/sqft/year.

In Chicago Loop, there are 88 class B office buildings. In Chicago Loop, there are a total of 46 LEED certified office buildings. In 1895, the same year The Marquette Building was built, 3 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Chicago, featuring 428,369 square feet of commercial space. At zip code level, there are 33 commercial properties, of which 32 are office buildings over 50,000 square feet.

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Details

  • City Chicago
  • Neighborhood Chicago Loop
  • Zip Code 60603
  • Market Chicago
  • Property Type Office - General Office
  • Property Size 300,000 Sqft
  • Lot Size 0.61 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1895
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of The Marquette Building?

The Marquette Building totals 300,000 square feet.

When was this property built?

The Marquette Building was built in 1895.

Chicago Loop Demographics

The average household income in zip code 60603 is $244,614, from a total of 564 households. In terms of employment, there are 98.01 % white-collar and 1.99 % blue-collar jobs in zip code 60603.

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