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Fourth-Floor Office Units
For Lease
Contact for pricing

656 W Randolph, Chicago, IL 60661

Built-out office accommodation offers private workrooms, meeting areas, kitchenettes, and shared amenity space.

Space Size9,000 SF
Days on Market123

Property Features for 656 W Randolph

General Information

Standard status Active
Size 9,000 SF
Elevators Yes
Property subtype Office
Lease Type Gross

Space & Availability

Floor 4
Space Use Office
Condition Turnkey
Private Offices 10
Meeting Rooms 3

Amenities

kitchenettes
lounge
entertainment area
storage
bathrooms
expressway sign advertising

Building Details

Tenancy Multiple

Spaces For Lease

at 656 W Randolph Contact us

Space 1

Size
9,000 SF
Type
Office
Rate
Contact for pricing
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Ascot Realty Group
Listed By: Denis Ascot · License #IL 475.118502
Source: Crexi
Added: May 6 Changed: Sep 2 Last Checked: Sep 4 at 11:54AM

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 Ascot Realty Group

Investment Insights

Based on property information with market context.

This fourth-floor office suite is configured for immediate occupancy with direct elevator access and an established interior build-out. The layout includes 10 private offices, 3 conference rooms, multiple kitchenettes, a lounge and entertainment area, storage, and bathrooms. The existing configuration provides a mix of individual work areas, meeting space, and shared facilities within one office setting.

The property is located at 656 W Randolph in Chicago, adjacent to Randolph’s restaurant row and Fulton Market. The surrounding live/work district provides nearby dining and commercial activity, while the site is positioned along a corridor described as receiving both pedestrian and vehicle traffic. Expressway sign advertising may also be possible.

Key Highlights

  • 10 private offices and 3 conference rooms
  • Direct elevator access to the fourth‑floor office suite
  • Multiple kitchenettes, lounge and entertainment area

Property Analytics

Current Use

Lee Sullivan Shea ... Law Firm Anxiety Treatment Center ... Physician Chicago Center for Anxiety ... Physician Chicago Federation of Musician Charitable Organization Record Connect Information Services

Suggested Use

Top Pick Buffet Clothing & Fashion Store Adult Day Care Nursing Home Restaurant Tanning Salon

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

18,178
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

$29.6 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,766 SF
Avg Space Size

This space is priced 32% below the average of $29.6 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Built-out office accommodation offers private workrooms, meeting areas, kitchenettes, and shared amenity space.
Where is this office units located?
The property is located at 656 W Randolph Chicago, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 10 private offices and 3 conference rooms; Direct elevator access to the fourth‑floor office suite; Multiple kitchenettes, lounge and entertainment area
(312) 203-0049 Call to check price and availability
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