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111 N Wabash Ave - Garland Building 2,800 SF Office Condo Unit Offered at $149,900 in Chicago, IL 60602
Investment Highlights
- Central HVAC and central building heat for consistent climate control.
- Steps from CTA elevated rail at Wabash Station for convenient public transit access.
- Wet sprinkler fire protection system and separate electrical meters for safety and efficiency.
- Prime Downtown Chicago Loop location with B-2 zoning allowing a wide range of commercial uses.
Executive Summary
The property at 111 North Wabash Avenue in Chicago was built in 1916, the building offers central HVAC, a wet sprinkler system, and separate electrical meters. The space was previously used as an optometrist office and is configured for medical or professional use. The property is located near CTA Wabash Station and within walking distance of Michigan Avenue and Millennium Park.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 17-10-309-016-1113 |
| Sale Conditions | Lease Option |
| Sale Type | Owner User |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 17-10-309-016-1113 |
Description
The suite was previously occupied by an optometrist and is well-suited for continued medical or healthcare-related use. Its flexible floor plan accommodates a variety of configurations, making it equally suitable for legal offices, creative workspaces, or financial services operations. The space features central HVAC, a wet sprinkler fire protection system, separate electrical meters, and access to full building services, ensuring operational efficiency and safety.
Sale Notes
Own a piece of Chicago’s historic business district with this 2,800-square-foot commercial condominium located on the 16th floor of the iconic Garland Building at 111 North Wabash Avenue. Built in 1916, this architecturally significant property combines timeless character with modern infrastructure, offering a professional setting ideal for medical, office, or specialized commercial use.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1610 | 2,800 SF | Office | $149,900 ($53.54/SF) | - |
Unit 1610
| Unit Size |
| 2,800 SF |
| Condo Use |
| Office |
| Price |
| $149,900 ($53.54/SF) |
| NOI |
| - |
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Unit 1610
| Unit Size | 2,800 SF |
| Condo Use | Office |
| Price | $149,900 ($53.54/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Conditions | Lease Option |
| APN/Parcel ID | 17-10-309-016-1113 |
| Description | |
| The suite was previously occupied by an optometrist and is well-suited for continued medical or healthcare-related use. Its flexible floor plan accommodates a variety of configurations, making it equally suitable for legal offices, creative workspaces, or financial services operations. The space features central HVAC, a wet sprinkler fire protection system, separate electrical meters, and access to full building services, ensuring operational efficiency and safety.</li></ul> | |
| Sale Notes | |
| Own a piece of Chicago’s historic business district with this 2,800-square-foot commercial condominium located on the 16th floor of the iconic Garland Building at 111 North Wabash Avenue. Built in 1916, this architecturally significant property combines timeless character with modern infrastructure, offering a professional setting ideal for medical, office, or specialized commercial use.</li></ul> |
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 (Condo) | 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 (Condo) |
| 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
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Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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111 N Wabash Ave - Garland Building
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