PROPERTY HIGHLIGHTS
Prime West Loop Office with Value-Add Potential
Exceptional Location
Situated in the heart of Chicago’s thriving West Loop, 565 W. Randolph St offers 59,981 SF of office space with unmatched access to public transit, major expressways, and top-tier amenities—just steps from Union Park, renowned dining, and vibrant retail.
Architectural Charm Meets Modern Utility
Built in 1920, this distinctive property blends historic character with functionality, featuring two passenger elevators and a freight elevator. It’s ideal for creative firms or professional users looking for a unique and adaptable workspace.
Flexible Leasing & Scalable Headquarters Potential
Thanks to flexible lease structures, up to 70% of the building can be made available—making this an ideal headquarters location. Tenants can occupy 15,000–30,000 SF immediately and scale over time, with the option to grow into more space as needed.
Conversion Opportunity
With its strong bones and prime location, the property also presents a compelling opportunity for residential conversion—tapping into continued demand for housing in the West Loop.
Prestigious Ground-Floor Tenants
Anchored by Proxi, a Michelin Bib Gourmand restaurant, and the Michelin-starred Sepia, the building benefits from steady foot traffic and culinary acclaim. These acclaimed establishments enhance visibility, attract a dynamic clientele, and elevate the property's overall appeal.
Strong Surrounding Demographics
• $490K – Median home value within 3-mile radius
• $141K – Median household income within 3-mile radius
Purchase or Lease — Let’s Discuss Your Vision
Whether you’re seeking a flagship headquarters, a strategic investment, or a visionary redevelopment, 565 W. Randolph stands in the center of it all—ready for what’s next.