Willis Tower new competition by retailing giants such as Kmart, Kohl's, and Walmart. The fortunes of Sears & Roebuck declined in the 1970s as the company lost market share; its management grew more cautious. Nor did the Sears Tower draw as many tenants as Sears had hoped. The tower stood half-vacant for a decade as a surplus of office space was erected in Chicago in the 1980s. In 1990, the law firm of Keck, Mahin & Cate decided to move out of its space in the Sears Tower and into a development that would become 77 West Wacker Drive, rebuffing Sears' attempts
Elgin Tower Building 1999 to showcase its architectural merit. Stickling died later that year, but his benefactors transferred the building to the William R. Stickling Charitable Foundation, who currently maintain the building. An addition was built in 1999 to house, rent-free, the Downtown Neighborhood Association, who intend to revitalize the downtown area. The tower was added to the National Register of Historic Places on May 22, 2002. The Elgin Tower Building is located at 100 E. Chicago St. in Elgin, between Douglas and N. Grove Avenues. This area has historically been known as Fountain Square, generally accepted as the downtown area of Elgin.