Grand Plaza

540 N State St, Chicago IL, 60654 Find on Google Maps

Chicago Building ID: 158227

Building Info

Square Footage: 1,640,000 sqft
#43 Largest
#5 Largest of Multifamily Housing Buildings
12x median
139,707 sqft
11x median Multifamily Housing
144,765 sqft
Built: 2003
Primary Property Type: Multifamily Housing
Community Area: Near North Side
Owner

Emissions & Energy Information for 2022

Greenhouse Gas Intensity: 7.2 kg CO₂e / sqft
Higher than 65% of all buildings
1.1x median
6.4 kg CO₂e / sqft
1.3x median Multifamily Housing
5.7 kg CO₂e / sqft
Total Greenhouse Gas Emissions: 8,005 metric tons CO₂ eq.
#7 Highest of Multifamily Housing Buildings 🚨
Higher than 96% of all buildings
9x median
885.8 metric tons CO₂ eq.
10x median Multifamily Housing
770.6 metric tons CO₂ eq.
Source Energy Usage Intensity: 144.9 kBtu / sqft
Higher than 62% of all buildings
1.1x median
132.2 kBtu / sqft
1.2x median Multifamily Housing
117.9 kBtu / sqft
Site Energy Usage Intensity: 95.3 kBtu / sqft
Higher than 71% of all buildings
1.2x median
78.4 kBtu / sqft
1.3x median Multifamily Housing
73.7 kBtu / sqft
Natural Gas Use: 62,596,113.4 kBtu
Est. Gas Bill: $746,000 for 2022**
#15 Highest of Multifamily Housing Buildings 🚩
Higher than 98% of all buildings
11x median
5,818,399.6 kBtu
10x median Multifamily Housing
6,538,862.3 kBtu
Electricity Use: 29,847,701.2 kBtu
Est. Electric Bill: $1,251,000 for 2022**
Higher than 94% of all buildings
8x median
3,796,376.7 kBtu
10x median Multifamily Housing
2,848,153.7 kBtu
District Chilled Water Use: 14,210,040.2 kBtu
Most buildings don't use district chilling, so we don't currently have comparison data.

Historical Data

Year	Floor Area sqft	Chicago Energy Rating	Energy Star Score	GHG Intensity kg CO₂e / sqft	Source EUI kBtu / sqft	Electricity Use kBtu	Natural Gas Use kBtu
2015	1,119,317	-	18	10.7	184.0	34,075,480	63,664,773
2016	1,119,317	-	30	10.2	184.6	33,487,265	62,013,184
2017	1,119,317	-	31	9.9	178.4	33,276,148	59,888,634
2018	1,119,317	1.0	15	10.7	193.7	33,285,315	89,954,843
2019	1,119,317	1.0	29	9.4	167.3	32,385,120	66,319,239
2020	1,640,000	-	-	8.5	157.4	30,176,478	63,799,037
2021	1,640,000	-	-	8.2	157.0	29,637,996	62,777,625
2022	1,640,000	-	-	7.2	144.9	29,847,701	62,596,113

* Note on Rankings: Rankings and medians are among included buildings, which are those who reported under the Chicago Energy Benchmarking Ordinance for the year 2022, which only applies to buildings over 50,000 square feet.

** Note on Bill Estimates: Estimates for gas and electric bills are based on average electric and gas retail prices for Chicago in 2021 and are rounded. We expect large buildings would negotiate lower rates with utilities, but these estimates serve as an upper bound of cost and help understand the volume of energy a building is used by comparing it to your own energy bills! See our Chicago Gas & Electric Costs Source for the original statistics.

Data Source: Chicago Energy Benchmarking Data

What Should We Do About This?

Practically every building has room to improve with energy efficiency upgrades like insulation, switching to ENERGY STAR rated appliances, and more, but for any buildings with large natural gas use, we recommend one thing: electrify!

In other words, buildings should look to move all on-site uses of fossil fuels (including space heating, water heating, and cooking) to electrically powered systems like industrial grade heat pumps, heat pump water heaters, and induction stoves. With Illinois' current electric supply, just using the same amount of energy from electricity, rather than natural gas (aka methane) will dramatically reduce greenhouse gas emissions. This is because Illinois' grid in 2020 was already 67% carbon-free (see Illinois - Power | DecarbMyState ). This has already been done across the country with a variety of buildings, large and small, like the Hotel Marcel .

You can help make this a reality by talking to building owners and letting them know that a building's emissions are important to you, and that you want to see their building become fully electric and stop emitting greenhouse gases. Particularly for buildings you have a financial stake in (like your university, work, condo building, or apartment building) your voice in concert with your fellow building users can have a huge impact.

Additional Resources

See some additional resources on improving energy efficiency and understanding this data: