The building was constructed in 1904 by the architectural firm of D. H. Burnham & Company under the commission of Otto Young, a real estate investor and wholesale jeweler.

This structure was one of the final buildings designed by Frederick P. Dinkelberg at the firm before administration was turned over to Ernest Robert Graham.

It combined the Chicago School's structurally expressive character with decorative appearance common in traditional masonry architecture.

The Heyworth is also noted for its intact finely crafted decorative cornice, which is an uncommon feature among the other commercial buildings of Chicago.

As part of the renovation, the façade was cleaned and the famous cornice was rebuilt after having undergone a stripping in years past.