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105 W. Madison

105 W. Madison, Chicago, IL, 60602
Last updated 05/13/2016

Quick Summary

Property Type:
Office, Office building
Listing Type:
122676 sq ft
Property use
This is an investement Property
Construction status
Cap rate

Property Description

Great opportunity to acquire a value add opportunity in the central business district. Across the street from chase tower. The offering includes floors 3-25 as well as the fully rented food court located below grade and half of the second floor. The property has great tenants including NIU. A true Trophy property.


Modern renovation of all elevator cabs.
Fully gutted brand new bathrooms on all floors.
Flooring and lighting upgrade in common areas.
Modernization of the HVAC system.

On-site Retailers include:
Bank of America (located in building lobby), Dunkin Donuts, Americash Loans, Flower Shop & Hair/Nail Salon/Shoe Shine.

Unbelievable location.
Court house is a 3 minute walk away.
Famous State Street Shopping within walking distance.
Public transportation on the same block.
Five parking garages within a three block radius.
Millennium Park is a five minute walk away.

Location Description

Financial Summary (Actual)
Operating Expenses $784,390
Scheduled Gross Income $2,307,572
Net Operating Income $1,523,183

105 W. Madison, Chicago, IL, 60602