1342 W Randolph St

CHICAGO’S PREMIER LIVE-WORK-PLAY DISTRICT Once Chicago’s historic meatpacking and wholesale district, the West Loop and Fulton Market have evolved into one of the city’s most dynamic mixed-use neighborhoods. It combines corporate headquarters, high-end residential development, nationally recognized dining, luxury fitness, distinguished retail brands and entertainment within a highly walkable urban environment. PREMIER DINING DESTINATION The neighborhood has become synonymous with Chicago’s restaurant scene, anchored by nationally recognized destinations including The Smyth, Rose Mary, Ever Restaurant, Nobu, Gibsons Tavern and more. The concentration of acclaimed dining, cocktail lounges and nightlife has established Fulton Market as a destination rather than simply a neighborhood amenity. CORPORATE & EMPLOYMENT HUB Fulton Market has emerged as one of Chicago’s most desirable office locations, attracting major employers including Google, McDonald’s, Mondelēz, John Deere, WPP, Boston Consulting Group, Kimberly-Clark, Roku, Dyson, Sidley Austin, Baker Tilly and more. The submarket had the lowest vacancy rate among Chicago CBD submarkets. LUXURY LIFESTYLE & RETAIL Fulton Market increasingly caters to an affluent resident and employee base with premium brands and services including Equinox, Reformation, Madewell, Patagonia, Lululemon, Mejuri, luxury watch retailers and other high-end design concepts. This growing concentration of fitness, wellness, fashion, beauty and design reinforces the neighborhood's appeal to high-income renters.1342 West Randolph Street presents a rare opportunity to acquire a stabilized, value-add, boutique multi-family asset in the heart of Chicago’s premier Fulton Market. The 23-unit property features (20) large 2BD/2BA apartments, (2) luxury high-end penthouses, ~11,354 SF of buildable area permitted by the property’s C1-5 zoning, on-site garage parking and ground-floor retail occupied by Millennium Dental on a NNN lease. The property offers meaningful upside through residential rent growth as leases roll to market, complemented by significant long-term retail rent growth and the ability to add to the property’s unit count. Fulton Market has emerged as one of Chicago’s premier live-work-play destinations, supported by a deep concentration of prominent corporate occupiers including Google, McDonald’s Global Headquarters, Mondelēz International, Dyson, Kimberly-Clark, John Deere, WPP, Salesforce, and Boston Consulting Group, alongside a growing concentration of technology, professional services, and creative companies. The neighborhood is further supported by luxury residential development, ongoing investment from major developers and distinguished retail and hospitality brands like Reformation, Patagonia, Rick Owens, Madewell, Mejuri, Monos, lululemon, Herman Miller, Whole Foods, Nobu, Soho House and The Hoxton Hotel. Most notably, Randolph Street’s renowned “Restaurant Row” has established itself as a world-class culinary destination, featuring more than 10 Michelin-recognized restaurants. The corridor is also home to Smyth, located adjacent to 1342 W Randolph Street, which was named North America’s No. 1 Restaurant for 2026 by the North America’s 50 Best Restaurants Academy. Combined, the property’s rarity in the market, boutique scale, condo-quality residences, stable occupancy, development potential, significant rent growth opportunity and exposure to Chicago’s strongest neighborhood growth story make 1342 W Randolph a highly differentiated multi-family investment opportunity.