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Property profile & analytics

55 Randolph St Chicago, IL 60602

  • Office Properties & Spaces
  • 1,881,000 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Golden Street Underground Market / Community Center
  • LA Fitness / Gym
  • Heritage Cleaners / Dry Cleaner
  • Space p11 / Art Gallery

Property Details for 55 Randolph St

Year built
2005
Property size
1,881,000 SF
Property type
Office Properties & Spaces

Description

This exceptional office opportunity presents 16,300 square feet of immediately available space within the prestigious Heritage Office Lofts at 55 East Randolph in Chicago's vibrant East Loop submarket. Located beneath a luxury condominium tower, this single-floor suite offers high-end concrete loft space with dramatic 14-foot ceilings. The open floor plan is ideal for customized build-outs, allowing for flexible configurations to suit diverse business needs. The space is divisible down to 2,500 square feet, catering to a range of tenant sizes. Benefit from prime elevator identity and the opportunity for prominent exterior building signage. Building amenities include convenient on-site parking (up to 8 spaces), direct access to the Chicago Pedway system, and an LA Fitness club for tenant use. The unparalleled location provides easy access to Grant and Millennium Parks, the bustling Michigan Avenue shopping district, and a variety of public transportation options, including CTA buses and trains, Metra, and numerous public parking garages. The property's proximity to the Thompson Center, Daley Center, City Hall, Prudential Plaza, and federal and county courts further enhances its appeal. This is a truly unique opportunity to establish a presence in one of Chicago's most desirable business districts. The building was constructed in 2005 and is a three-story structure situated in Cook County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6257
Latitude
41.8844
More about this property
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