Chicago Board of Trade

Chicago IL

10 Iconic Chicago Buildings/Chicago Board of Trade
Chicago Architecture Center
Written By Chicago Architecture Center

WE ❤️ DESIGN. Tours, exhibits, programs and events about Chicago architecture. Formerly the Chicago Architecture Foundation.

A Building that Reflects It’s Time

“I love the Art Deco style and the Chicago Board of Trade Building is one of the best examples of it in Chicago. Its a great contrast to the Neoclassical styling of the neighboring buildings. Inside, I love the giant mailbox, the light fixtures in the lobby entryway and all the corn and wheat designs found in the grillwork, balconies, door frames, ceiling molding and other unexpected places.” - Robin Simon, CAF Docent Class of 1997

Designed and constructed during the heyday of Art Deco in Chicago by John A. Holabird and John Wellborn Root Jr., themselves second-generation architectural royalty. The prolific pair’s structure confidently occupies its prestigious site while boldly communicating its contribution to the Chicago economy.

During the late 1920s and early 1930s, Art Deco styling was at the peak of its popularity in Chicago. Its influence could be felt in fashion, art, interior design and architecture. Many of the most popular characteristics of the decorative style can be seen in the Chicago Board of Trade Building’s design.

The plentiful gray Indiana limestone piers, dark windows and spandrels – so recessed they practically disappear – work together to give the building a striking vertical emphasis. Its streamlined, geometric and abstract exterior ornamentation, and the building’s throne-shaped massing are also indicative of the period’s Art Deco trend. A faceless, aluminum statue of Ceres, by artist John Storrs, sits atop the building’s pyramidal roof. The straight lines on her garment and her machine-made appearance make her the quintessential Art Deco ornament for this completely stylized structure.

A Building that Reflects It’s Use

The Chicago Board of Trade Building is home to the world’s oldest futures and options exchange. Chicago, which sits on the edge of the prairie, has been the center of both grain distribution and grain trading since the 1840s. The Chicago Board of Trade (CBOT) was established in 1848 as a central location to negotiate and conduct transactions on the future prices of commodities. Not coincidentally, 1848 was also the year the first railroads arrived in Chicago and the Illinois and Michigan Canal opened, both of which made distribution of raw materials more efficient. The current Chicago Board of Trade Building was completed in 1930 and was designed to replace a previous Chicago Board of Trade (CBOT) headquarters that stood on the same site since 1885.

The building’s ornamentation cleverly communicates the activity happening inside. Just above the original trading floor, the facade is ornamented with eight bovine heads representing the livestock traded inside. A Mesopotamian farmer holding grain and a Native American holding corn make several appearances around the building and represent some of the options traded on the building’s multiple trading floors.

Did you know...The pyramidal roof once housed an observatory deck, popular with Chicagoans in the 1930s-1970s.

One more secret before you go...The model for Ceres was 14-year-old Madelyn FioRito who lived on Chicago’s West Side. Looking for a summer job, she was in the Fine Arts Building when Storrs spotted her and hired her to pose for the statue.

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10 Iconic Chicago Buildings

Chicago Board of Trade

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