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$4,000,000
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Property Description
Discover an exciting opportunity in the vibrant Fulton Market on the lively Randolph corridor! This versatile building is zoned DX-3, offering endless possibilities for its use. Boasting a prime location just a stone's throw away from McDonald's HQ and neighboring Free People, this footprint is ideally suited for both well-established chains and innovative small businesses. Lot size 25 x 65 FAR 3. Residential unit occupied to July 2025.
Full Property Details
Full Property Details for 1111 W Randolph St
General
- Price: $4,000,000
- Taxes: $29,639 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12346634
- Updated: 10/2/2025
- Added to Site: 301 day(s) ago
Interior
- Interior Features: Heavy Floor Load, Private Restroom(s)
Location
- Area: CHI - Near West Side
- County: Cook
- Driving Directions: West on Randolph next to Free People
- Location Details: East/West Corridor, Downtown Chicago, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 1,625
- Lot Dimensions: 25 x 65
- Frontage: City Street
- Zoning: OTHER
Financial Considerations
- Lease Price: $32
- Assessment Year: 1910
- Tax Amount: $29,639
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Electricity, Heat, Operating Stops, Repairs, Scavenger, Tax Stops, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 17084360050000
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Schools
Schools serving 1111 W Randolph St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Skinner Elementary School 111 South Throop Street, Chicago, IL 60607 | PK-5 | 0.4 mi |
Wells Community Academy High School 936 North Ashland Avenue, Chicago, IL 60622 | 9-11 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1111 W Randolph St
Date
Details
Price
Change
Source
4/29/2025
Listed
$4,000,000
525%
MLS
2/14/2014
Sold
$640,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1111 W Randolph St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$29,640
3%
$140,000
—
2022
$28,894
2%
$140,000
—
2021
$28,245
108%
$140,000
131%
2020
$13,549
-1%
$60,620
-11%
2019
$13,730
-15%
$68,113
-17%
2018
$16,186
30%
$81,675
-31%
2017
$12,412
8%
$118,639
106%
2016
$11,546
9%
$57,648
—
2015
$10,564
68%
$57,648
58%
2014
$6,302
2%
$36,533
—
2013
$6,166
1%
$36,533
—
2012
$6,108
—
$36,533
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1111 W Randolph St
1111 W Randolph Street, Chicago, IL 60607 (MLS# 12346634) is a Commercial property. 1111 W Randolph Street is currently listed for $4,000,000 and was received on April 29, 2025. Want to learn more about 1111 W Randolph Street? Do you have questions about finding other Commercial real estate for sale in Near West Side? You can browse all Near West Side real estate or contact a Coldwell Banker agent to request more information.

