Even a well-leased West Loop office tower isn’t safe from foreclosure

The owners of the 31-story building at 540 W. Madison St. are facing a $310 million foreclosure lawsuit after failing to pay off its mortgage when it matured last month.

Oct 27, 2026 - 18:00
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Even a well-leased West Loop office tower isn’t safe from foreclosure
The owners of the 31-story building at 540 W. Madison St. are facing a $310 million foreclosure lawsuit after failing to pay off its mortgage when it matured last month.

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