Randolph Place 165 N. Canal Chicago

Randolph Place was originally built in 1922. There are a total of 340 homes, technically 342, however, two of the units were converted into one, thus making the total number of actual condos to 340

Randolph Place at 165 N. Canal is located in a true walk to work location, 5 minutes form the financial district as well as all the major law and accounting firms. Many of the areas best restaurants are also located within walking, the best known would be N9ne located in the south end of the building.

History of Randolph Place

George and Edward Butler founded a wholesale mail-order company in Boston in 1877. Butler Bros. opened a Chicago warehouse in 1879, and the city became home to the company’s catalog department. (All of its operations were based in Chicago after 1930, when the purchasing department moved from New York.) By 1910, the Chicago offices employed about 1,000 people. Like Sears and Montgomery Ward, other Chicago companies that had large mail-order operations, Butler Bros. moved into brick-and-mortar retailing during the 1920s. By the beginning of the 1930s, it operated over 100 of its own “Scott” and “L. C. Burr” stores; at the same time, it had begun a franchising business that allowed independent retailers to become members of the “Ben Franklin” and “Federated” chains, which were supplied by Butler Bros. By 1936, there were about 2,600 Ben Franklin stores and 1,400 History of Randolph Place Randolph Place 165 N. Canal ChicagoFederated stores around the country, mostly in small towns. During the 1940s and 1950s, Butler Bros. approached $120 million a year in wholesale and retail sales, ranking it among the leading wholesalers in the United States. In 1960, after it sold Ben Franklin and its other retail operations to the City Products Corp. of Ohio (which was bought in 1965 by the Household Finance Corp. of Chicago), Butler Bros. faded away.

Located just northwest of the Loop in the Fulton River District, Randolph Place Residences boasts a sure-footing in the history books of this former manufacturing area. The famous turn-of-the-century Chicago City Planner, Daniel Burnham, originally designed and built the building in 1929, shortly after completing its sister tower immediately to the south at 111 N. Canal (currently known as River Center). Burnham is credited with having built the first Chicago high-rise office building as well as designing the 1893 World’s Fair in Chicago. He is still known today as the man who envisioned a city complete with public lakefront parks for its citizens.

Daniel Burnham’s riverfront design at 165 N. Canal Street was originally railroad offices, and a cataloguewarehouse.nally known as the Butler Brothers Warehouse. In the years that followed, the building housed a variety of manufacturing warehouses and offices, such as telephone company offices, the Canadian Northwest (CNW).

The conversion of this 16-story building into loft-style condominiums was completed in 1999. The exterior brick facades, Tuscan arcading, and 10-foot plus interior ceiling heights were preserved during the building’s conversion. Many amenities were added to the residences, including new oak hardwood floors, balconies, and ventless gas fireplaces.

As the surrounding neighborhood evolves and grows, Randolph Place Residences continues to hold its unique position as both a reminder of the forgotten past of the formerly industrial area as well as an example of the neighborhood’s current trend of sophisticated, urban housing.

 

 

Christine Hancock, Broker Associate with Prudential Rubloff specializing in downtown Chicago Real Estate including The Gold Coast, South Loop, West Loop, Streeterville & Lincoln Park for over 10 years. Call/Email Me today at 312-296-9300, or visit my website at DowntownChicagoRealEstate.com

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than Koenig Rubloff are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

 

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

 

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Data last updated: 07/10/2014