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201 W Madison St
Chicago, IL 60606 Chicago Loop

Rate Upon Request

Parking Garage For Lease  •  12,150 SF

Property Details

  • Property Type Parking Garage
  • Year Built 1997
  • Total Building Size 394,010 SF
  • Building Class B
  • Zoning BPD406, Chicago
100 Transit Score
99 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 12,150 SF Rate Upon Request 
Entire retail space, former Walgreens layout, available now through 8/31/27

  • Date available: Now
  • Lease term: None
  • Service type: To Be Determined
  • Built out as: Standard Retail
  • Space Type: Sublet

Description 

Positioned at the vibrant intersection of Madison and Wells Streets, this retail sublease offers unmatched visibility in the heart of Chicago’s Central Business District. Just steps from Wacker Drive and LaSalle Street, the location places your business amid the city’s most prestigious office towers and financial institutions. The Washington & Wells CTA “L” station delivers commuters directly to your doorstep, ensuring exceptional foot traffic and connectivity.

Surrounded by a dynamic mix of dining, retail, and hospitality options, the property benefits from a daytime population exceeding 525,000 within one mile and an average household income of $183,408. Nearby landmarks include Willis Tower, the Chicago Board of Trade, and Union Station, reinforcing the area’s status as a premier destination for professionals and visitors alike.

The space features a former Walgreens layout, ideal for retail concepts seeking a turnkey solution in a high-density urban environment. With strong street frontage and signage potential, this opportunity is perfect for brands looking to capitalize on Chicago’s thriving Loop district.

Highlights

Prime hard-corner location in Chicago’s CBD
Direct access to Washington & Wells CTA station
Surrounded by top-tier dining, retail, and hospitality
Daytime population of over 525,000 within one mile
Sublease available through August 2027

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 8 min 0.4 mi
Chicago Union Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra), Heritage Corridor Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra), Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra), SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 10 min 0.5 mi
Transit/SubwayDriveWalkDistance
Washington/Wells Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 2 min 0.1 mi
Quincy Station (Downtown Loop) (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 0 min 4 min 0.2 mi
Monroe Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 7 min 0.4 mi
Washington Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 7 min 0.4 mi
Clark/Lake Station (Downtown Loop) (Blue Line - Chicago Transit Authority "L" Trains (The "L"), Brown Line - Chicago Transit Authority "L" Trains (The "L"), Green Line - Chicago Transit Authority "L" Trains (The "L"), Orange Line - Chicago Transit Authority "L" Trains (The "L"), Pink Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 8 min 0.4 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 11.3 mi
Chicago O'Hare International 27 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1168
Type: Covered
Included in Rent: Yes
Neill Kelly 631-370-6067 CBRE
Neill Kelly 631-370-6067 CBRE