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1040 W Randolph St
Chicago, IL 60607
Office Property For Sale
Property Facts
Property Type
Building Size
50,981 SF
Building Class
B
Year Built/Renovated
1928/2018
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
25,494 SF
Building FAR
1.58
Lot Size
0.74 AC
Zoning
DX-5 - Downtown Mixed-Use District
Parking
51 Spaces (1 Spaces per 1,000 SF Leased)
About 1040 W RANDOLPH ST , CHICAGO, IL 60607
Newmark Capital Markets has been exclusively retained to sell 1040 West Randolph, a 100% occupied, historically significant, best-in-class creative office building located in the heart of Chicago's booming Fulton Market District. Representing the epitome of the modern creative office space, 1040 West Randolph's architecturally significant history, long-term stable tenancy, and globally significant location in a gateway city combine to create a truly irreplaceable, generational investment opportunity. Aspen Dental has inked a 12-year lease to occupy the space as a new corporate headquarters. The company plans to hire / relocate 250 employees to this mission-critical location.
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,417,750 | |
| Land Assessment | $781,250 | Total Assessment | $2,199,000 |
Property Taxes
Parcel Numbers
Land Assessment
$781,250
Improvements Assessment
$1,417,750
Total Assessment
$2,199,000
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