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541 North Fairbanks Court
Skyscraper in Chicago / From Wikipedia, the free encyclopedia
541 North Fairbanks Court, formerly the Time-Life Building, is a 404-foot-tall (123 m), 30-story skyscraper in Chicago, Illinois, designed by Harry Weese and completed in 1969.[1] Located on the Near North Side, it was among the first in the U.S. to use double-deck elevators.[2] The odd-numbered floors are accessible from the lower lobby, with even floors serviced from the upper level.
541 North Fairbanks Court | |
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![]() 541 North Fairbanks Court in September 2014 | |
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General information | |
Address | 541 North Fairbanks Court |
Completed | 1969 |
Height | 404 feet (123 m) |
Technical details | |
Floor count | 30 |
Design and construction | |
Architect(s) | Harry Weese |
In 2014, the building was purchased by Northwestern Memorial Hospital, which already housed several back-office functions there, for $28 million (equivalent to $36 million in 2023).[3]. The Chicago Park District planned to vacate floors 3 through 7, which it used as its headquarters, in 2018.[4] It then negotiated an extension with rent of the lease while preparing a move to a new facility.[5]