540 West Madison, formerly known as ABN AMRO Plaza, is an

office building An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific dut ...

located in the

West Loop The Near West Side, one of the 77 community areas of Chicago, is on the West Side, west of the Chicago River and adjacent to the Loop. The Great Chicago Fire of 1871 started on the Near West Side. Waves of immigration shaped the history of the ...

area of

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...

, United States. The building was built for

ABN AMRO ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizat ...

, parent company of Chicago financial institution LaSalle Bank. To the east sits Citicorp Center building and to the south, residential-complex of

Presidential Towers Presidential Towers is a multi-tower residential apartment complex built in 1986 and located in Chicago, Illinois at 555 W. Madison. Bounded by Madison, Monroe, Clinton, and Desplaines streets, the property covers two full blocks in the West Loop ...

. In the base of the building, there is a Starbucks Coffee and a restaurant bar, Slightly Toasted. The building is anchored by West Madison Street, West Washington Street, North Jefferson Street and North Clinton streets. It was completed in 2003. The building has a total of 29 floors that span 453 feet. Cost are estimated to have been near $387 million (US). It took approximately 3 years to erect. The goal was to bring together all office workers in Chicago who comprised the staff of the five buildings the company occupied previous to the construction of the Plaza. When the building was acquired by

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank w ...

as part of the company's acquisition of LaSalle Bank from ABN AMRO in the spring of 2008, the green and yellow shield icon was removed from the building's top. In December 2012, Bank of America sold the building to a group of New York investors for $350 million. It was the largest office transaction in Chicago that year, both in price and cost per square foot.

References

{{DEFAULTSORT:Abn Amro Plaza Skyscraper office buildings in Chicago 2003 establishments in Illinois Office buildings completed in 2003