Property Info, Tenant List and Transactional Details for Commercial Lease and Sales Comps.

Property Info, Tenant List and Transactional Details for Commercial Lease and Sales Comps.

181 West Madison Building

181 West Madison Street, Chicago, IL

181 West Madison Street is located in Chicago, IL. Built in 1990, this 50 story office property spans 1,099,881 SQFT. CompStak has 25 lease comps for this property, dating from 2000 to 2023. CompStak has one recorded sales transaction for this property. This property last sold in 2017.

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181 West Madison Street Commercial Lease Comps:

Tenant

Revenova

  • Lease Size:0-10K SQFT
  • Space Type:Office
  • Year Leased:2023
  • Year Expires:2029

  • Building Class
  • Building Floors
  • Building Size
  • Commencement Date
  • Current Landlord
  • Current Rent
  • Effective Rent
  • Execution Date
  • Expiration Date
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  • Lot Size
  • Property Type
  • Starting Rent
  • Sublease
  • Submarket
  • Tenant City
  • Tenant City
  • Tenant Company Name
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  • Tenant Country
  • Tenant Employee Range
  • Tenant Employees
  • Tenant Headquarters
  • Tenant Industry
  • Tenant Industry
  • Tenant Naics
  • Tenant Naics Description
  • Tenant Ownership
  • Tenant Phone Number
  • Tenant Revenue
  • Tenant Revenue Currency
  • Tenant SIC
  • Tenant SIC Description
  • Tenant State
  • Tenant State
  • Tenant Status
  • Tenant Street
  • Tenant Street
  • Tenant Websites
  • Tenant Zip
  • Tenant Zip
  • Year Renovated

*Available to CompStak members and customers


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Tenant

Merlin Law Group

  • Lease Size:0-10K SQFT
  • Space Type:Office
  • Year Leased:2021
  • Year Expires:2024

  • Building Class
  • Building Floors
  • Building Size
  • Commencement Date
  • Comments
  • Current Landlord
  • Current Rent
  • Effective Rent
  • Execution Date
  • Expiration Date
  • Floors Occupied
  • Free Rent
  • Landlord Brokerage Firms
  • Lease Term
  • Lease Type
  • Lot Size
  • Property Type
  • Rent Bump Dollar
  • Starting Rent
  • Sublease
  • Submarket
  • Suite
  • Tenant Brokerage Firms
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  • Tenant City
  • Tenant Company Name
  • Tenant Country
  • Tenant Country
  • Tenant Employees
  • Tenant Headquarters
  • Tenant Industry
  • Tenant Industry
  • Tenant Naics
  • Tenant Naics Description
  • Tenant Ownership
  • Tenant Phone Number
  • Tenant Revenue
  • Tenant Revenue Currency
  • Tenant SIC
  • Tenant SIC Description
  • Tenant Sector
  • Tenant State
  • Tenant State
  • Tenant Status
  • Tenant Street
  • Tenant Street
  • Tenant Websites
  • Tenant Zip
  • Tenant Zip
  • Work Type
  • Work Value
  • Year Renovated

*Available to CompStak members and customers


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Tenant

Phaidon International

  • Lease Size:0-10K SQFT
  • Space Type:Office
  • Year Leased:2021
  • Year Expires:2026

  • Building Class
  • Building Floors
  • Building Size
  • Building Size Notes
  • Commencement Date
  • Current Landlord
  • Current Rent
  • Effective Rent
  • Execution Date
  • Expiration Date
  • Floors Occupied
  • Lease Term
  • Lease Type
  • Lot Size
  • Parking Notes
  • Parking Ratio
  • Property Type
  • Rent Bump Percent
  • Starting Rent
  • Sublease
  • Submarket
  • Tenant City
  • Tenant City
  • Tenant Company Name
  • Tenant Country
  • Tenant Country
  • Tenant Employees
  • Tenant Headquarters
  • Tenant Industry
  • Tenant Industry
  • Tenant Naics
  • Tenant Naics Description
  • Tenant Ownership
  • Tenant Revenue
  • Tenant Revenue Currency
  • Tenant SIC
  • Tenant SIC Description
  • Tenant State
  • Tenant State
  • Tenant Status
  • Tenant Street
  • Tenant Street
  • Tenant Zip
  • Tenant Zip
  • Work Type
  • Work Value
  • Year Renovated

*Available to CompStak members and customers


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181 West Madison Street Commercial Sales Comps:

Recorded Buyer

HNA Insurance

  • Transaction Size:900-950K SQFT
  • Sale Price:$300M-$400M
  • Sale Price (PSF):$0-$800
  • Year Sold2017

  • Sale Date
  • Buyer
  • Net Operating Income
  • Cap Rate
  • Occupancy %
  • Building Class
  • Seller
  • Net Operating Income Psf
  • Is Portfolio
  • Number Of Buildings
  • Building Floors
  • Interest Type
  • Total Operating Expenses
  • Asking Price
  • Property Rights
  • Building Size
  • Interest Percentage
  • Comments
  • Days On Market

*Available to CompStak members and customers


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181 West Madison Street Tenants:

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Michael Mandel, Co-Founder and CEO

Michael Mandel is Co-Founder and CEO of CompStak. Since launching CompStak in early 2012, Michael has helped navigate the company through tremendous growth, with over $17 million raised, 70 major markets launched, and a 45 person team.

Before starting CompStak, Michael led the NY metro data center practice for Grubb & Ellis, where he was named National Rookie of the Year and inducted into Real Estate New York’s 30 Under 30. He graduated Babson College in 2005, where he led the Babson Entrepreneurial Exchange and was a member of the world's first live-in business incubator, the e-tower.