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

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

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 t ...

area of

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...

, United States. The building was built for ABN AMRO, parent company of Chicago financial institution

LaSalle Bank LaSalle Bank Corporation was the holding company for LaSalle Bank N.A. and LaSalle Bank Midwest N.A. (formerly Standard Federal Bank). With US$116 billion in assets, it was headquartered at 135 South LaSalle Street in Chicago, Illinois. La ...

. To the east sits Citicorp Center building and to the south, residential-complex of Presidential Towers. In the base of the building, there is a

Starbucks Coffee Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker at Seattle's Pike Place Market i ...

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 . Cost are estimated to have been near US$387 million. It took approximately three 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 (Bank of America) (often abbreviated BofA or BoA) is an American multinational investment banking, investment bank and financial services holding company headquartered at the Bank of America Corporate Center in ...

as part of the company's acquisition of

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