MODERN OFFICE SPACE IN THE WEST LOOP 773.775.7434 WWW.730RANDOLPH.COM
TABLE OF CONTENTS01 Property Snapshot02 See the Space07 Welcome to the West Loop10 Convenient Commute11 Meet the Neighbors13 Leasing Comparisons
720 & 730 W RANDOLPH PROPERTY SNAPSHOT • Modern & Convenient Office Spaces • Located in Chicago’s West Loop • Walking distance to train, the “L”, and bus • Blocks from McDonald’s and Google’s HQs01
730 RANDOLPH 1st Floor• Ground level space ideal for restaurant, retail, or office• Perfect for a business looking to take advantage of a vibrant neighborhood• Loft space with high ceilings, exposed timber beams and brick walls• Approx. 5,500 Sq. Ft.• Generous buildout included• High speed internet• Parking available720 RANDOLPH 1W• Gound level commercial space in condominium building• Approx. 1400 Sq. Ft• Perfect for Retail, Restaurant, or Office• Includes custom buildout from lighting down to floor coverings
FLOOR PLANS 730 RANDOLPH 720 RANDOLPH FIRST FLOOR 1W Storage 20' x 20' A/C Kitchen 9' x 8'N 57' x 15'03
OTHER 730 RANDOLPH SPACES
The rapidly developing West Loop is exploding with unique, young, and creative energy making it a hotspot for young professionals. Over the past few decades, the Chicago neighborhood has evolved from its meatpacking and industrial past into a hub for restaurants, corporate offices, and entertainment. WEST LOOP HIGHLIGHTS • Rapidly developing neighborhood • Epicenter for new restaurants • Contains trendy Fulton Market District • New location for top businesses like Google and McDonald’s05
From tech companies and major corporations to boutique hotels and trendyrestaurants, everyone is flocking to the West Loop to take advantage of theunobstructed views and the soul of the neighborhood. The growth enveloping the West Loop shows no signs of slowing, especially in regards to Fulton Market, a district within the West Loop. The former meatpacking district now combines both pastRestaurant Row and present to create a vibrantneighborhood housing some of the country’s top restaurants.The influx of interest in the Mary Bartelme Parkneighborhood has been furtherheightened by the incomingdevelopments. Both Google andMcDonald’s have decided to makethe West Loop home to their newoffices. The campuses bring withthem increased interest in the area. As the developments progress, the neighborhood will continue to increase in popularity.Fulton Market
WEST LOOP - RESTAURANT ROWYou’ll never be far from a critically acclaimed restaurant while in the West Loop. From classicburger and fries to fine French cuisine, you’ll find food for any palette. Some favorites include: AVEC Chicago’s original shared-plates restaurant combines Midwestern and Mediterranean ingredients to create masterful dishes to share with friends. AU CHEVAL With out-of-this-world-good burgers, Au Cheval has become a star of restaurant row. BLACKBIRD Fine dining just steps from the office. Blackbird has been around for decades and continues to impress. GIRL & THE GOAT Enjoy fantastic food from “Top Chef” winner Stephanie Izard. Food features bold flavors and is served family style for easy sharing.07
50 49 53 55 54 WEST LOOP - RESTAURANT MAP 56 W. LAKE STREET 51 52 20 44 1 10 46 18 7 39 13 26 16 31 47 4 27 11 43 28 3 5 30 W. RANDOLPH STREET - RESTAURANT ROW23 48 24 32 29 38 12 37 21 15 33 8 42 14 34 22 6 35 9 41 40 45 19 17 41 2 36 25 58 57 W. WASHINGTON BOULEVARD 59 601 Alhambra Palace 1240 West Randolph Street 22 Jubilee Juice & Grill 140 North Halsted Street 43 Today's Taco Corporation 812 West Randolph Street2 Avec 615 West Randolph Street 23 Kaiser Tiger 1415 West Randolph Street 44 Tanoshii 720 West Randolph Street3 Au Cheval 800 West Randolph Street 24 La Colombe 955 West Randolph Street 45 The Allis 113-125 North Green Street4 Bar Siena 832 West Randolph Street 25 La Sardine 111 N Carpenter Street 46 Urbanbelly 1400 West Randolph Street5 bellyQ 1400 West Randolph Street 26 Lena Brava 900 West Randolph Street 47 Vivo 838 West Randolph Street6 Blackbird 619 West Randolph Street 27 Little Goat Diner 820 West Randolph Street 48 West Loop Salumi 1111 West Randolph Street7 Bespoke Cuisine 1358 West Randolph Street 28 Lone Wolf 806 West Randolph Street Block North8 Booze Box 823 West Randolph Street 29 Loretta's Bake Shop and Café 939 West Randolph Street 49 Bar Takito 201 North Morgan Street9 Chicken & Farm Shop 113 North Green Street 30 Lou Malnati's 1235 West Randolph Street 50 Harvest Juicery 1012 West Lake Street10 City Winery 1200 West Randolph Street 31 Maude's Liquor Bar 840 West Randolph Street 51 La Luce 1393 West Lake Street11 de cero 816 West Randolph Street 32 Nando's 953 West Randolph Street 52 Macello Ristorante 1235 West Lake Street12 Formentos 925 West Randolph Street 33 Nellcote 833 West Randolph Street 53 Momotaro 829 West Lake Street13 Forno Rosso Pizzeria Napoletana 1048 West Randolph Street 34 Nia Restaurant 803 West Randolph Street 54 Paddy O'Fegan's Irish Pub 204 North Halsted Street14 Girl & the Goat 809 West Randolph Street 35 Nonna's Sandwiches and Sundries 925 West Randolph Street 55 Publican Quality Bread 808 West Lake Street15 Graham Elliot Bistro 841 West Randolph Street 36 Parlor Pizza Bar 108 Green Street 56 Vera Chicago 1023 West Lake Street16 Grange Hall Burger Bar 844 West Randolph Street 37 Perez Restaurant 853 West Randolph Street Block South17 Green Street Smoked Meats 112 North Green Street 38 Porkchop 941 West Randolph Street 800 West Washington Blvd18 Gyu-Kaku Japanese BBQ 1364 West Randolph Street 39 Red Kiva 1108 West Randolph Street 57 más 804 West Washington Blvd19 Haymarket Pub & Brewery 737 West Randolph Street 40 RM Champagne Salon 116 North Green Street 58 Harold's Chicken Shack 1001 West Washington Blvd20 Johnnies Snack Shop 160 North Halsted Street 41 Salero Restaurant 621 West Randolph Street 59 Wishbone Restaurant 913 West Washington Blvd21 Jaipur 847 West Randolph Street 42 sushiDOKKU 823 West Randolph Street 60 Sushi Pink
ENTERTAINMENT, SHOPPING, AND MOREThe fun doesn’t stop with the food. The West Loop also boasts incredible shopping,entertainment, and nightlife. A fitness center, retail stores, and entertainment venues line thestreets of the neighborhood and attract residents and tourists alike. UNITED CENTER The perfect place to catch a game or take in a show. Two of Chicago’s greatest sports teams, the Bulls (NBA) and the Blackhawks (NHL), call the United Center home. The 20,000+ capacity stadium also hosts top music artists and performers. CIVIC OPERA HOUSE Just minutes from the West Loop sits the Historic Civic Opera House. Enjoy a night of culture and beauty at the country’s second largest opera auditorium. JOHNNY’S ICEHOUSE FACILITY Take date night up a notch, and head to the ice rink for a few hours of skating and fun. WEST LOOP ATHLETIC CLUB Hit the gym and unwind after a long day at the office. A quick 15 minute walk and you’ll be ready to work up a sweat.09
CONVENIENT COMMUTEThe building is located conveniently off of the I-90/94 expressway and is no more than fiveblocks from all major forms of public transit. INTERSTATE 90/94 70 Feet METRA STATION 5 Blocks THE “L” 3 Blocks CHICAGO OLGIVIE CENTER 3 Blocks DIVVY BIKE RENTALS 1 Block CHICAGO O’HARE AIRPORT 16.3 Miles CHICAGO MIDWAY AIRPORT 10.7 Miles
MEET THE NEIGHBORSWith the West Loop’s new reputation as the “hot” spot for restaurants and nightlife, newdevelopments have been popping up throughout the neighborhood bringing with them an influxof young professionals. GOOGLE’S CHICAGO HQ Google’s 200,000 sq. ft. campus is located mere blocks from 730 W. Randolph. The corporate giant’s move highlights the transformation the West Loop has seen. The completely renovated cold storage warehouse is outfitted to accommodate 650 employees. MCDONALD’S HQ McDonald’s will be taking over the former Harpo Studios campus and making it their own. The project is slated to be finished by 2018 and hold over 2,000 employees. They were previously in Oak Brook, IL, but like many other large companies, they have decided to move to the city. SOHO HOUSE HOTEL This private member’s club is a new Chicago staple. The space includes a hotel, gym, screening room, event space, four restaurants, and outdoor rooftop pool. THE PARKER FULTON MARKET This commercial and residential development take luxury living to the next level, and sits right outside our back door. The 29 story, curved glass structure contains 227 apartment units, 9,700 sq. ft. of commercial space, and 145 parking spaces all in the center of food, art, and entertainment.11
OTHER DEVELOPMENTS IN THE AREAW. Carroll Ave7 18 3 4 13 W. Fulton St 86 19Lake St 6 11 15 10 17 W. Randolph St 12 14 5 9 1 N. Desplaines St S. Halsted St N. Green St N. Peoria St N. Sangamon St S. Morgan St N. Carpenter St N. Aberdeen St N. Mary St N. Racine N. Elizabeth AveN. Ada AveW. Madison St 16W. Monroe StW. Adams StW. Jackson BlvdW. Van Buren St 21 13 Story Residential Structure: 170-171 N Green Street 11 Mixed-Use Commercial & Residential Development: 215 N. Peoria2 32 Story Residential Development: 1061 W. Van Buren St 12 Nobu Hotel: 848-856 W. Randolph Street3 Ace Hotel: 311 N. Morgan Street 13 Office & Retail Development: 801-811 West Fulton4 Brooklyn Bowl: 832-856 W. Fulton Market 14 SoHo House: 113 North Green Street5 Equinox Hotel: 723-729 W. Randolph 15 The Hoxton: 200-208 N. Green Street6 Fulton Market Boutique Office Building: 210 N Carpenter 16 The Madison at Racine: 1164-1212 W Madison St7 Fulton West: 1330 W Fulton 17 The Parker Fulton Market: 730 West Couch Place8 Google Chicago Headquarters Relocation: 1000 W Fulton 18 West Loop Office/Retail Expansion & Redesign: 1032 West Fulton9 McDonald’s HQ Relocation: 1058 W Washington Blvd 19 WeWork: 220 North Green Street10 Mixed-Use Commercial & Residential Development: 171 N Aberdeen
LEASING COMPARISONS ON MARKETOFFICE SPACE Asking Rent Available Space Building Square Footage $32 / Sq Ft 2,957 Sq Ft 15,900 Sq Ft Property Address $27 / Sq Ft 813 W. Randolph $33 / Sq Ft 3,000 Sq Ft 27,900 Sq Ft 327 N Aberdeen $27.50 / Sq Ft 1144 W Fulton $28 / Sq Ft 7,715 Sq Ft 30,000 Sq Ft 845 W Washington $31.53 / Sq Ft 1142 W Madison $27 / Sq Ft 9,846 Sq Ft 16,410 Sq Ft 112 N May 1035 W Lake 1,900 Sq Ft 46,000 Sq Ft 20,700 Sq Ft 31,050 Sq Ft 8,000 Sq Ft 28,125 Sq Ft Average Asking Office Space Rent $29.43 / Sq FtRETAIL SPACE Asking Rent Available Space $75 / Sq Ft 15,000 Sq Ft Property Address 800 W Fulton $70 / Sq Ft 7,000 Sq Ft 801-Ll W FULTON 832 W Fulton $60 / Sq Ft 18,000 Sq Ft 212 N Green 216 N Green $40 / Sq Ft 11,111 Sq Ft 217-19 N Green 171 N Halsted $55 / Sq Ft 3,457 Sq Ft 810 W Randolph 900 W Ran Dolph $65 / Sq Ft 5,100 Sq Ft 911-15 W Randolph 1000 W Randolph $55 / Sq Ft 10,000 Sq Ft 1100 W Randolph 101-09 W Randolph $65 / Sq Ft 14,250 Sq Ft 1133 W Randolph $60-85 / Sq Ft 47,250 Sq Ft $75 / Sq Ft 13,091 Sq Ft $65 / Sq Ft 23,429 Sq Ft $50 / Sq Ft 10,600 Sq Ft $65 / Sq Ft 21,860 Sq Ft $60 / Sq Ft 14,250 Sq Ft Average Asking Rent for 1st Floor Retail Space $66 / Sq Ft Average Asking Rent for 2nd Floor Retail Space $32 / Sq Ft13
WWW.730RANDOLPH.COMMARY BEIRNEP: 773.775.7434E: [email protected] OLIVAP: 847.897.1757E: [email protected] 14
MODERN OFFICE SPACE IN THE WEST LOOP 773.775.7434 WWW.730RANDOLPH.COM
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