Chicago’s first office-to-residential conversion is underway

Rendering of 79 W. Monroe in Downtown Chicago.
79 W. Monroe, built in 1905, will undergo a renovation project that involves converting seven floors into 117 residential units. Photo courtesy Ware Malcomb

The historic 14-story masonry high-rise known as the Rector Building, located in The Loop of Downtown Chicago, is set for a transformative renovation.

79 W. Monroe, built in 1905, is the oldest surviving commercial structure designed by Chicago architect Jarvis Hunt. The renovation project involves converting seven floors into 117 residential units, including 41 affordable units.

Designed by Ware Malcomb, an international design firm, the project will follow a “neoclassical nautical” theme centered on exploration and a maritime lifestyle on Lake Michigan.

The firm included new architectural elements to complement the building’s history, such as ornate details, motifs, historic ceilings, clad columns, and arched doorways. Muted tones such as navy and ivory, accented with gold, bronze, and warm wood tones, will further the maritime charm.

As part of the renovation, the new lobby on the ground floor will feature an entrance for residents only, enhancing security and accessibility. Rooftop amenities include an indoor tenant lounge, a fitness center, and outdoor living areas. The lower level will feature bike storage, a dog-wash station, and a gaming room.

The efforts to preserve and enhance the landmark will concentrate on maintaining and repairing the building’s exterior masonry, which includes brick, stone, and terra-cotta elements.

To improve energy efficiency and lower costs for future tenants, the existing single-pane glass windows will be replaced with double-pane insulated glass. This new glass will match the existing profile, as mandated by the local Historic Review Board.

The project is the first one underway as part of the City of Chicago’s “LaSalle Street Reimagined” initiative; it is also part of Major Johnson’s “Build Better Together” strategy.

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