This is the Batcolum by Claes Oldenburg located at the Harold Washington Social Security Administration Building Plaza on 600 W. Madison St. in Chicago.
The website Public Art in Chicago says:
On observing Chicago’s flat terrain, the Swedish-born artist once commented, “the real art here is architecture, or anything that really stands up.” . Like all of Oldenburg’s monuments, Batcolumn combines a humorous and irreverent attitude toward popular objects with meticulous construction details and handling of scale and proportion. It can alternately be seen as a reference to historical monumental columns, a salute to the American institution of baseball or a tribute to the steel industry.
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