The Office Space Search Engine

Search 1000s of commercial spaces by size, location, and price.

500 West Madison

West Loop, Chicago, IL
Floors
40
Total Size
1,457,724 sqft
Lot Size
3 acres
Elevators
27
Year Constructed
1987
Year Renovated
2005
Building Class
A
LEED Certification
Gold
Close Public Transit
Ogilvie Transportation Center, CTA, Metra, Suburban Transit Connections

Features

Key Card Access
ADA Accessible
On Site Security

Current Availabilities

Nov 11
ago
Sublease Office
  • Max Size: 26,450 sqft
  • Min Size: 26,450 sqft

500 W Madison St

West Loop Sublease

Listing agent for this listing
Daniel Arends, Colliers International
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Move-In

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$25.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Existing conditions with outstanding views

Listing agent for this listing
Michael Lirtzman, Transwestern
$25.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Existing conditions with outstanding views. This is White Box space.

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Raw Space

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$23.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$24.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Built-Out As Other

Listing agent for this listing
Michael Lirtzman, Transwestern
$21.00
/sqft/yr
Nov 08
ago
Office
  • Terms: Absolute NNN

Suite 1230: Open plan, creative spec suite under construction. Exposed ceilings, glass conference room, kitchen, mostly open plan with 3 private offices.
Suite 1250: Open plan, creative spec suite under construction. Exposed ceilings, glass conference rooms, mostly open plan with 7 private offices and a kitchen.

Listing agent for this listing
Michael Lirtzman, Transwestern

About 500 West Madison

Everything about the award-winning, 40-story Citigroup Center in the heart of Chicago’s West Loop is meaningful. Designed by internationally renowned Helmut Jahn architecture, it is a 2004 & 2005 BOMA Building of the Year award winner. With large, efficient floor plates adaptive to high-density levels, cutting-edge infrastructure, top-tier tenant roster, unobstructed panoramic views, first-class finishes, 24-hour security, and on-site/on-call management. Citigroup Center’s extraordinary interior space adapts easily for small, medium and large space tenants. 1.46 million square feet, floor plates from 31,200 to 48,500 square feet, a five-story atrium, panoramic, expansive, 360-degree views, efficient 30-foot column spacing, 5-foot-square planning modules, lease spans and column spacing for maximum efficiency. Located at Madison and Canal streets, Citigroup Center is at the center of everything, with easy access to the Loop, Chicago Board of Trade, Chicago Mercantile Exchange, City Hall and Thompson Center. It abuts Ogilvie Transportation Center and is also near Union Station, CTA stations and expressways. It also features an extensive retail mall/commuter concourse, 24 hour manned security, 45 specialty retail shops/restaurants, a 20 vendor food court, on-site banking, handicap accessibility, storage, and a courier. This building was awarded an Energy Star label in 2008 for its operating efficiency. Day-to-day on-site and on-call 24/7 management by Transwestern. Owned by KBS III 500 West Madison, LLC, an affiliate of KBS. In 2010, this building was awarded LEED certification at the Gold level by the U.S. Green Building Council. This building was awarded an Energy Star label in 2012 for its operating efficiency. This building was awarded an Energy Star label in 2013 for its operating efficiency. This building has achieved the BOMA 360 designation in Q2 2014.

Companies at 500 West Madison

Metra Rail: Ogilvie Transportation Center West Train Station Transit Station
Thai Urban Kitchen Meal Takeaway Bar Restaurant Food
Burrito Beach Restaurant Food
Taco Bell Meal Takeaway Restaurant Food
LKQ Corporate Office
McDonald's Restaurant Food
Simply Green Inc Restaurant Meal Takeaway Food
Garrett Popcorn Shops Food Store
Popeyes® Louisiana Kitchen Restaurant Food
Jaffa Bagels Bakery Store Meal Takeaway Restaurant Meal Delivery Food
Citigroup Center
Auntie Anne's Pretzels Bakery Store Food

Internet Providers for 500 West Madison

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
Zayo Broadband Fiber
10 Gb/s
10 Gb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Illinois DSL
25 Mb/s
1.5 Mb/s
TW Telecom Inc. Copper Wireline
6 Mb/s
6 Mb/s

The Neighborhood: West Loop

Most listings are in the $30's per square foot per year. The West Loop submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.

Compared to the rest of the Chicagoland market, the West Loop region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Median Rate Median Size
West Loop $30
/sqft/yr
7,997
sqft
Median Rate Median Size
Chicagoland $24
/sqft/yr
2,400
sqft

Median Rate over Time in West Loop