541 North Fairbanks Court

541 North Fairbanks Court
541 North Fairbanks Court in September 2014
General information
Address541 North Fairbanks Court
Completed1969
Height404 feet (123 m)
Technical details
Floor count30
Design and construction
Architect(s)Harry Weese

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. Located on the Near North Side, it was among the first in the U.S. to use double-deck elevators. The odd-numbered floors are accessible from the lower lobby, with even floors serviced from the upper level.

In 2014, the building was purchased by Northwestern Memorial Hospital, which already housed several back-office functions there, for $28 million (equivalent to $37.2 million in 2024).. The Chicago Park District planned to vacate floors 3 through 7, which it used as its headquarters, in 2018. It then negotiated an extension with rent of the lease while preparing a move to a new facility.