Historic 17-Story Office
For Lease
$23 SF/Yr
205 West Randolph, Chicago, IL 60606
A 17-story office building with basement, originally built in 1914–1915 and later expanded with a south addition.
Space Size498 SF - 7,064 SF
Property Size207,000 SF
Days on Market69
Property Features for 205 West Randolph
General Information
Standard status
Active
Size
498 SF - 7,064 SF
Class
C
Property subtype
Office - General Office
Building Details
Building Size
207,000 SF
Year Built
1922
Year Renovated
2019
Stories
17
Spaces For Lease
at 205 West Randolph Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| 1000 | 1,111 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 1020 | 1,182 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 1150 | 2,588 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 1200 | 852 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 1205 | 1,163 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 1250 | 1,206 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 805 | 1,244 SF | Office | $26/SF/Yr | Immediate | Contact us |
| 1305 | 1,068 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 1320 | 1,906 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 1401 | 502 SF | Office | $26/SF/Yr | Immediate | Contact us |
| 1450 | 1,337 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 1510 | 498 SF | Office | $23/SF/Yr | Immediate | Contact us |
| 1610 | 2,830 SF | General Office | $27/SF/Yr | Immediate | Contact us |
| 1900 | 5,085 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 2000 | 1,506 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 2020 | 2,434 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 2110 | 2,023 SF | Office | $26/SF/Yr | Immediate | Contact us |
| 2150 | 1,367 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 2200 | 2,231 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 1230 | 1,194 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 401 | 676 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 410 | 2,691 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 700 | 657 SF | Office | $26/SF/Yr | Immediate | Contact us |
| 730 | 2,055 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 810 | 1,767 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 815 | 641 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 820 | 1,403 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 900 | 1,046 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 920 | 2,135 SF | Office | $27/SF/Yr | Immediate | Contact us |
| 950 | 4,800 SF | Office | $28/SF/Yr | Immediate | Contact us |
| 1500 | 642 SF | Office | $24/SF/Yr | Immediate | Contact us |
| 850 | 1,188 SF | Office | $28/SF/Yr | Immediate | Contact us |
| Suite 510 | 7,064 SF | Office | $27/SF/Yr | Immediate | Contact us |
Show all 33 spaces
Listing Agency:
Willard Jones Real Estate
Listed By:
Jonathan Zimmerman · License #471009051
(312) 263-8787
Source:
Commercialcafe
Added: Jul 26
Changed: Sep 23
Last Checked: Oct 1 at 8:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Willard Jones Real Estate
Investment Insights
Based on property information with market context.
This historic office building was developed in two stages, with the original structure erected in 1914 and completed in May 1915 as a 17-story office building with a basement at the southwest corner of Wells and Randolph. The property later received a south addition in 1928.
According to the property history, the building was originally intended to consolidate State of Illinois offices into one central location. It was subsequently acquired by the People’s Life Insurance Company and later by the Cooperative Society of America, where Ernest Hemingway worked as an associate editor for the short-lived Cooperative Commonwealth Magazine.
For tenants seeking space in a landmark-style downtown office setting, this offering reflects the building’s long-standing institutional roots and its expanded configuration across the original build and later addition.
According to the property history, the building was originally intended to consolidate State of Illinois offices into one central location. It was subsequently acquired by the People’s Life Insurance Company and later by the Cooperative Society of America, where Ernest Hemingway worked as an associate editor for the short-lived Cooperative Commonwealth Magazine.
For tenants seeking space in a landmark-style downtown office setting, this offering reflects the building’s long-standing institutional roots and its expanded configuration across the original build and later addition.
Key Highlights
- 17‑story office building with a basement at the southwest corner of Wells and Randolph
- Original structure built in 1914, completed May 1915
- Developed in two stages, including a 1928 south addition later known as the Randolph‑Wells Building
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
23,798
Businesses Nearby
Explore this area
Business Placement
Demographics for 60606, IL
3,797
Population
3,032
Households
1.3
Avg Household Size
34
Median Age
93%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
18,985
Density / Sq Mi
$139,148
Median Household Income
$107,490
Median Earnings
$2,535
Median Rent
$366,500
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$22.43 /SF/Yr
Avg Asking Price
$11–$46 /SF/Yr
Price Range
50,429 SF
Avg Space Size
This space is priced 3% above the average of $22.43 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office building - A 17-story office building with basement, originally built in 1914–1915 and later expanded with a south addition.
Where is this office building located?
The property is located at 205 West Randolph Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 17‑story office building with a basement at the southwest corner of Wells and Randolph; Original structure built in 1914, completed May 1915; Developed in two stages, including a 1928 south addition later known as the Randolph‑Wells Building
