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111 N Wabash Ave - Garland Building 1,506 - 11,000 SF Condo Units Offered at $425,000 - $3,500,000 Per Unit in Chicago, IL 60602
Investment Highlights
- Prime downtown location – steps from Michigan Avenue, Millennium Park, and the lakefront
- Located in the historic Garland Building – professionally maintained for a polished, efficient practice setting
- Excellent accessibility – close to public transit, dining, and retail amenities
Executive Summary
Discover the ideal setting for your medical practice in this second-generation office space, offering exceptional versatility. Featuring four plumbed and fully equipped operating rooms, this facility is tailored to meet the needs of healthcare providers specializing in orthopedics, dermatology, dentistry, and beyond. The infrastructure boasts robust power and plumbing systems, ensuring seamless adaptation to various medical requirements. Conveniently located just steps away from Michigan Avenue, Millennium Park, and the lakefront, the Garland Building provides easy access to premier dining, retail establishments, and excellent public transportation. This historic property is meticulously maintained, promising a professional environment that enhances both practitioner efficiency and client comfort.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 17-10-309-016-1024 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1024 |
Description
Located in the heart of Chicago’s Loop, this rare, fully built-out medical suite in the Garland Building offers a unique opportunity for healthcare users seeking a turn-key, high-acuity environment. The space is divided between a primary care clinic and a fully equipped imaging center, allowing for immediate occupancy or flexible reconfiguration.
The suite features a highly specialized buildout that would be difficult and costly to replicate, including lead-lined walls, RF-shielded MRI rooms encased in copper, and ¾-inch steel-reinforced flooring designed to support heavy diagnostic equipment.
With exceptional access to public transportation and a dense surrounding population, this is a plug-and-play opportunity for imaging providers, specialty practices, or advanced outpatient users.
The suite features a highly specialized buildout that would be difficult and costly to replicate, including lead-lined walls, RF-shielded MRI rooms encased in copper, and ¾-inch steel-reinforced flooring designed to support heavy diagnostic equipment.
With exceptional access to public transportation and a dense surrounding population, this is a plug-and-play opportunity for imaging providers, specialty practices, or advanced outpatient users.
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 620 | 11,000 SF | Medical | $3,500,000 ($318.18/SF) | - |
| Unit 1801-1804 | 1,506 SF | Medical | $425,000 ($282.20/SF) | - |
| Unit 1810 | 2,875 SF | Office | $785,000 ($273.04/SF) | - |
Unit 620
| Unit Size |
| 11,000 SF |
| Condo Use |
| Medical |
| Price |
| $3,500,000 ($318.18/SF) |
| NOI |
| - |
Unit 1801-1804
| Unit Size |
| 1,506 SF |
| Condo Use |
| Medical |
| Price |
| $425,000 ($282.20/SF) |
| NOI |
| - |
Unit 1810
| Unit Size |
| 2,875 SF |
| Condo Use |
| Office |
| Price |
| $785,000 ($273.04/SF) |
| NOI |
| - |
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Unit 620
| Unit Size | 11,000 SF |
| Condo Use | Medical |
| Price | $3,500,000 ($318.18/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1024 |
| Description | |
| Located in the heart of Chicago’s Loop, this rare, fully built-out medical suite in the Garland Building offers a unique opportunity for healthcare users seeking a turn-key, high-acuity environment. The space is divided between a primary care clinic and a fully equipped imaging center, allowing for immediate occupancy or flexible reconfiguration.<br> <br> The suite features a highly specialized buildout that would be difficult and costly to replicate, including lead-lined walls, RF-shielded MRI rooms encased in copper, and ¾-inch steel-reinforced flooring designed to support heavy diagnostic equipment.<br> <br> With exceptional access to public transportation and a dense surrounding population, this is a plug-and-play opportunity for imaging providers, specialty practices, or advanced outpatient users.</li></ul> |
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Unit 1801-1804
| Unit Size | 1,506 SF |
| Condo Use | Medical |
| Price | $425,000 ($282.20/SF) |
| NOI | - |
| Sale Type | Owner User |
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Unit 1810
| Unit Size | 2,875 SF |
| Condo Use | Office |
| Price | $785,000 ($273.04/SF) |
| NOI | - |
| Sale Type | Owner User |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 345,000 SF | Typical Floor Size | 11,773 SF |
| Property Type | Office | Year Built | 1919 |
| Building Class | C | Lot Size | 0.36 AC |
| Floors | 22 | Parking Ratio | 0.02/1,000 SF |
| Zoning | DX-16 - Downtown Mixed-Use District | ||
| Total Building Size | 345,000 SF |
| Property Type | Office |
| Building Class | C |
| Floors | 22 |
| Typical Floor Size | 11,773 SF |
| Year Built | 1919 |
| Lot Size | 0.36 AC |
| Parking Ratio | 0.02/1,000 SF |
| Zoning | DX-16 - Downtown Mixed-Use District |
Amenities
- 24 Hour Access
- Conferencing Facility
- Convenience Store
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
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111 N Wabash Ave - Garland Building
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