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227 W Monroe St
Chicago, IL 60606 Chicago Loop

Rate Upon Request

Office Residential For Lease  •  2,280 SF

Property Details

  • Property Type Office Residential
  • Year Built 1989
  • Total Building Size 1,583,900 SF
  • Tenancy Multiple
  • Building Class A
  • Zoning PD 365
100 Transit Score
100 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 2,280 SF Rate Upon Request
2,280 SF
Ceiling height: 19'3"
Corner visibility with 4 lobby entrances
Available now

  • Date available: Now
  • Lease term: Negotiable
  • Service type: To Be Determined
  • Built out as: Standard Retail
  • Space Type: Relet

Description

Positioned at the hard corner of Franklin and Monroe in Chicago’s Central Business District, The Franklin offers a rare retail opportunity at the base of a landmark two-building, 2.5 million square foot Class A office complex. The available 2,280 SF space benefits from exceptional visibility and foot traffic, with frontage along both Franklin and Monroe streets and direct access to a full-block interconnected lobby featuring four entrances.

The surrounding area is a vibrant mix of office towers, hospitality, and retail, with proximity to Union Station, Ogilvie Station, Millennium Park, and the Chicago River. The site is within a 3-minute walk to the Washington/Wells and Quincy CTA stations, which together serve nearly 900,000 annual riders. The daytime population within one mile exceeds 517,000, and the average household income is $185,757, making this location ideal for retailers seeking exposure to a high-income, high-density urban audience.

The Franklin’s lobby retail experience spans 28,084 SF, and this is the final remaining retail space available. With ceiling heights of over 19 feet and a layout that supports flexible configurations, the space is well-suited for flagship retail, boutique services, or experiential concepts.

Highlights

Prime hard-corner retail location with dual frontage on Franklin and Monroe
Located at the base of a 2.5M SF Class A office complex in Chicago’s Loop
Surrounded by high-density office, hospitality, and retail destinations
Steps from major CTA stations with 900K+ annual riders
Last remaining retail space in a full-block interconnected lobby
Exceptional ceiling height of over 19 feet for impactful interior design

Green Rating

LEED Silver

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Controlled Access
  • Conferencing Facility
  • Convenience Store
  • Fitness Center
  • Property Manager on Site
  • Restaurant
  • Energy Star Labeled
  • Bicycle Storage
  • Central Heating
  • Shower Facilities
  • Wi-Fi
  • Air Conditioning

Major Tenants

Tenant SF Occupied Lease End Date
AllianceBernstein
Amazon
Apogem Capital
Baird
BlackRock, Inc. 9/1/2033
Citi
Eversheds Sutherland LLP 9/1/2030
First Eagle Investments 7/1/2029
Glanbia
Helix Logistics

Public Transportation

Commuter RailDriveWalkDistance
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 8 min 0.4 mi
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 9 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 3 min 0.2 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 3 min 0.2 mi
Monroe Station (Blue Line) (Blue Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 6 min 0.4 mi
Lasalle/Van Buren 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 7 min 0.4 mi
AirportDriveWalkDistance
Chicago Midway International 18 min - 11.0 mi
Chicago O'Hare International 27 min - 17.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Phillip Golding 312-404-6673 Savills
Phillip Golding 312-404-6673 Savills