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Space AvailabilityTotal: 3
Unit NameFloorUnit NoSizeTermLease RateCondition

Highlights

• Prime leasing opportunity at the base of a high-rise in Chicago’s affluent West Loop • 492,000 daytime employees within 1 mile • Steps from Ogilvie Transportation Center, Union Station, and multiple “L” stations • Two blocks from Madison St feeder ramps, providing direct access to I-90, I-94, I-290, and city neighborhoods • On-site parking available • Submarket projects 7.07% population growth over 5 years • 94,000 residents within 1 mile, with avg. household income of $108,577 • Located in a high-demand area with numerous new developments

Description

Presidential Towers presents an exceptional leasing opportunity in Chicago’s affluent West Loop. This trophy asset consists of four 49-story apartment buildings spanning two city blocks, just steps from Ogilvie Transportation Center and Union Station. The property offers a captive audience of over 4,000 residents, with a daytime population of more than 183,000 pedestrians within a half-mile radius. Recently renovated, Presidential Towers features a new fitness club, sundeck, upgraded lobby, and resident-focused restaurants, serving both residents and the growing West Loop office population. With over 135,000 SF of retail space, the property is ideal for retail, restaurant, medical office, or service-oriented tenants. Available units include second-generation kitchen equipment, a former grocer, a former coffee shop, spacious flexible interiors, and expansive windows providing exposure to up to 45,000 VPD. The property also offers on-site parking, easy access to the Kennedy Expressway, and is situated in an affluent area with an average household income of $107,394.

Lease Details

  • Lease Length

    Negotiable

  • Category

    convenience-store

  • Tenancy

    Multiple

  • Space Name

    Presidential Towers

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Gross Leasable Area

    13,092 SF

  • Total Lease Rate

    Undisclosed

  • No of Buildings

    1

  • No of Stories

    49

  • Maximum Contiguous

    10,285 SF

  • Space Location

    Presidential Towers, 555 W Madison St, Chicago, IL 60661, USA

Property Details

  • Total Building Space

    135,000 SF

  • No of Spaces/Suites

    3

  • Minimum Divisible

    740 SF

  • Year Built

    1986

Property Amenities

Unit Amenities

Air Conditioning
Natural Light
Onsite Parking

Site Amenities

Elevator
Lobby or lounge
Restrooms

Location Amenities

Airport
Commuter Rail
Metro/Subway
Public Transportation