Contacts

John Slivka

CBRE

(312) 297-7633

Property Details

Property Type Office
Property Size 80,877 SF
Lot Size 0.11 Acre
Building Class B
Year Built 1913
Date Updated Jan 6, 2022

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

100/100
Walk Score ®
100/100
Transit Score ®
80/100
Bike Score ®

Location

City Chicago, IL
Neighborhood Chicago Loop
Zip Code 60603
Market Chicago

Points of Interest

Washington/Wells

0.13 miles
Monroe

0.13 miles
Washington

0.15 miles
Quincy

0.23 miles
Lake

0.27 miles
Jackson

0.27 miles
Clark/Lake

0.28 miles
Washington/Wabash

0.29 miles
Adams/Wabash

0.32 miles
State/Lake

0.34 miles

BP

0.42 miles
Tesla Supercharger

0.69 miles
BP

0.81 miles
Tesla Supercharger

0.97 miles
Mobil

1.06 miles
BP

1.07 miles
Citgo

1.07 miles
Shell

1.09 miles
Shell

1.10 miles
BP

1.86 miles

Washington-Madison-Wells Self Park

0.11 miles
Poetry Garage

0.15 miles
Washington Franklin Self Park

0.21 miles
Tower Self Park

0.25 miles
Standard Parking Garage

0.25 miles
Government Center Self Park

0.25 miles
Lake/Wells Self Park

0.27 miles
Theater District Self Park

0.29 miles
Adams-Wabash Self Park

0.31 miles
Traders Self Park

0.32 miles

Residence Inn Chicago Downtown/Loop

0.02 miles
The Kimpton Gray Hotel

0.06 miles
Hyatt Centric The Loop Chicago

0.06 miles
W Chicago City Center

0.16 miles
Hampton Majestic Chicago Theatre District

0.17 miles
La Quinta Inn

0.17 miles
Club Quarters Central Loop Hotel

0.18 miles
The Allegro Royal Sonesta Hotel Chicago Loop

0.19 miles
Hotel Alise

0.19 miles
JW Marriott Chicago

0.20 miles

Target

0.22 miles
TJ Maxx

0.24 miles
Burlington

0.25 miles
Macy's

0.28 miles
Ross

0.32 miles
Chicago French Market

0.49 miles
The Merchandise Mart

0.51 miles
Bockwinkel's

0.61 miles
Mariano's Fresh Market

0.72 miles
Nordstrom

0.73 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

John Slivka

CBRE

(312) 297-7633

Nearby Listings

622-632 West Roosevelt Road

622-632 West Roosevelt Road, Chicago, IL

$25.00 - $35.00/SF/YR

Property

Office
17,032 SF

Availability

3 Spaces
11,624 SF

123 W Madison

123 W Madison, Chicago, IL

$20.00 - $40.00/SF/YR

Property

Office
70,000 SF

Availability

20 Spaces
52,927 SF

105 West Madison

105 W Madison, Chicago, IL

$20.00 - $41.38/SF/YR

Property

Office
134,220 SF

Availability

19 Spaces
52,191 SF

180 West Washington

180 W Washington, Chicago, IL

$22.00 - $23.00/SF/YR

Property

Office
41,178 SF

Availability

8 Spaces
14,690 SF

166 West Washington

166 W Washington, Chicago, IL

$16.50 - $54.05/SF/YR

Property

Office
33,446 SF

Availability

8 Spaces
9,876 SF

123 West Madison Street, Chicago, IL 60603 - Office Space

123 West Madison Street is located at 123 West Madison Street in Chicago, IL 60603. The property was completed in 1913. This Chicago office investment incorporates a total of 80,877 SF of B office space. Located in Chicago Loop, this commercial property is situated on a lot that is 0.11 Acre in size.

Within the same neighborhood, there is a total of 24,516,885 SF of available office space across 2833 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in Chicago Loop is $25.42/SF/YR. At zip code level, leasing opportunities currently on the market include 210 office spaces that add up to a total of 1,491,009 SF. Office building sale prices in Chicago Loop average $887,882.

At city level, there are 34 commercial properties, of which 33 are office buildings of 50,000 square feet or larger. Of these properties, 100 office buildings have achieved LEED certification. Across the market, the average asking office rent per square foot in Chicago is $25.42/SF/YR. Specifically, the average office rate for Class A+ office buildings is $32.12/SF/YR. For Class A office buildings the average rate is $26.15/SF/YR. For Class B office buildings the average rate is $25.43/SF/YR. For Class C office buildings the average rate is $23.29/SF/YR. Office building sale prices in Chicago average $887,882.

Map of Property

123 West Madison Street