- For Lease $23.00 - $40.00/SF/YR
- Property Type Office - General Office
- Property Size 207,000 SF
- Lot Size 0.28 Acre
- Building Class C
- Year Built 1922
- Year Renovated 2019
- Date Updated Jul 1, 2026
Description
Located on the corner of Wells and Randolph205 W Randolph was developed in 2 stages: the original structure was erected in 1914 and completed in May 1915, and was built as a 17-story office building with a basement at the southwest corner of Wells and Randolph. It was originally intended to consolidate the State of Illinois’ offices into one central location.
6 months after its construction, 205 W Randolph became known as the People’s Life Building when it was acquired by the People’s Life Insurance Company. A few years later it was acquired by the Cooperative Society of America, where renowned author Ernest Hemingway would work as an associate editor for the short-lived Cooperative Commonwealth Magazine. The building was eventually purchased in the late 1920s by City State Bank, who sponsored the 1928 south addition that later became known as the Randolph-Wells Building.
Although it underwent some rehabbing, recladding, and alterations in the 1980s, 205 W Randolph still bears all the hallmarks of Chicago’s golden age of architecture: white terra cotta, Gothic Revival style, and elaborate detailing reminiscent of the designers whose namesake might sound familiar: the Burnham Brothers, sons of world-famous Daniel Burnham, are responsible for the Art Deco/pseudo-Grecian ornamentation that helped the Randolph-Wells Building earn its place in the National Register of Historic Places.
True
41 Spaces Available
1000
Space Type
Office
Lease Rate
$23.00/SF/YR
Total Space
1,111 SF
Floor
10
Divisible Space
1,111 - 1,111 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
office, conference room , kitchen and reception
1020
Space Type
Office
Lease Rate
$26.00/SF/YR
Total Space
1,182 SF
Floor
10
Divisible Space
1,182 - 1,182 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
1 office, open space
103
Space Type
General Office
Lease Rate
$40.00/SF/YR
Total Space
3,412 SF
Floor
1
Divisible Space
3,412 - 3,412 SF
Available Date
Immediate
Lease Type
Full Service
Renewal Option
Yes
Sublease
No
Former Jersey Mike's
106
Space Type
Office
Lease Rate
$30.00/SF/YR
Total Space
463 SF
Floor
1
Divisible Space
463 - 463 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Lobby Space - former currency exchange
110
Space Type
Office
Lease Rate
$30.00/SF/YR
Total Space
771 SF
Floor
1
Divisible Space
771 - 771 SF
Available Date
Immediate
Lease Type
Modified Gross
Renewal Option
Yes
Sublease
No
Lobby Space - former Sundry Shop
Contacts
Jonathan Zimmerman
Willard Jones Real Estate
Location
Located at 205 West Randolph, Chicago, IL 60606, this property is part of the Chicago Loop neighborhood and Chicago market.
Contact Listing Broker
Jonathan Zimmerman
Willard Jones Real Estate
