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Loft-Style Office Building
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549 West Randolph Street, Chicago, IL 60661

Loft-style office building with a newly renovated lobby and owner-occupied setup.

Space Size1,763 SF - 16,742 SF
Property Size123,000 SF
Days on Market31

Property Features for 549 West Randolph Street

General Information

Standard status Active
Size 1,763 SF - 16,742 SF
Class Class B
Property subtype Office

Building Details

Building Size 123,000 SF
Year Built 2026

Spaces For Lease

at 549 West Randolph Street Contact us

Entire 2nd Suite 200

Size
16,742 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 4th Suite 400

Size
5,155 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 4th Suite 406

Size
1,763 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
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Partial 6th Suite 600

Size
4,410 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 6th Suite 601

Size
3,353 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 7th Suite 700

Size
6,587 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 7th Suite 702

Size
8,152 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us

Partial 7th Suite 704

Size
2,190 SF
Rate
Contact for pricing
Lease Type
Full Service
Sublease
No
Contact us
Listing Agency: Cushman & Wakefield - Corporate
Listed By: Paige Krueger
Source: Cushmanwakefield
Added: Jul 25 Changed: Aug 23 Last Checked: Aug 23 at 5:05AM

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 Cushman & Wakefield - Corporate

Investment Insights

Based on property information with market context.

This loft-style office building features an owner-occupied configuration and a lobby guard. The property includes a newly renovated lobby, supporting an organized, professional building experience for daily arrivals.

Located in Chicago’s West Loop area, the building is positioned for tenants seeking space in that market. Rental rates are described as competitive in the provided remarks.

The building’s listing information is provided for leasing use, with the total property size noted as 3,353 square feet.

Key Highlights

  • Owner‑occupied loft‑style office building
  • Newly renovated lobby
  • Lobby guard

Property Analytics

Current Use

Falkor Group (Bike/Boat/Book/etc) Store ARCO/Murray Construction Company Learning Care Group Daycare Center Legat Architects, Inc. Architect Weaver Law Group Industrial Manufacturer

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Nursing Home Clothing & Fashion Store Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

24,887
Businesses Nearby

Demographics for 60661, IL

11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$18.64 /SF/Yr
Avg Asking Price
$11–$32.5 /SF/Yr
Price Range
44,505 SF
Avg Space Size

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Loft-style office building with a newly renovated lobby and owner-occupied setup.
Where is this office building located?
The property is located at 549 West Randolph Street Chicago, IL.
What are key features of this property?
This property features: Owner‑occupied loft‑style office building; Newly renovated lobby; Lobby guard
More about this property
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