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Move-In Ready Medical Office Suite
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111 N Wabash Ave, Chicago, IL 60602

Fully equipped suite with extensive plumbing and power infrastructure, move-in ready for medical, aesthetic, or wellness use.

Property Size2,875 SF
Days on Market166

Property Features for 111 N Wabash Ave

General Information

Standard status Active
Size 2,875 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: Joseph Rossi & Associates, Inc (JRA) - Corporate
Listed By: Dominic Rossi III
Source: Moodyscre
Added: Feb 16 Changed: Jul 27 Last Checked: Aug 1 at 1:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Rossi & Associates, Inc (JRA) - Corporate

Investment Insights

Based on property information with market context.

This move-in ready medical office suite is fully equipped with extensive plumbing and power infrastructure, designed to support a range of medical, aesthetic, or wellness uses. The space is set up for seamless operation by an incoming provider looking for functionality from day one.

The suite is located in the Garland Building at 111 N Wabash Ave, positioned just steps from Michigan Avenue, Millennium Park, and the Chicago lakefront. The building is described as historic and well-maintained, with nearby access to dining, retail, and public transportation.

Available as an office/healthcare space, the configuration is intended to accommodate day-to-day functionality for operators that require established mechanical and utility support.

Key Highlights

  • Fully equipped suite with extensive plumbing and power infrastructure for medical, aesthetic, or wellness uses
  • Move‑in ready and thoughtfully designed for a seamless operator transition
  • Located steps from Michigan Avenue, Millennium Park, and the Chicago lakefront

Property Analytics

Current Use

Lakefront Dental Spa Dental Office GenEx DNA Testing ... Paternity Testing Service Dr. Michael B. ... Dental Office Marcus Dental Practice Dental Office Chicago Family Dental ... Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Adult Day Care Buffet Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

39,284
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60602, IL

1,261
Population
551
Households
2.3
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
0.1 sq mi
ZIP Area
12,610
Density / Sq Mi
$123,047
Median Household Income
$43,500
Median Earnings
$2,775
Median Rent
$383,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.19 /SF/Yr
Avg Asking Price
$8–$69 /SF/Yr
Price Range
3,383 SF
Avg Space Size

This space is priced 5% below the average of $26.19 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully equipped suite with extensive plumbing and power infrastructure, move-in ready for medical, aesthetic, or wellness use.
Where is this medical office space located?
The property is located at 111 N Wabash Ave Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Fully equipped suite with extensive plumbing and power infrastructure for medical, aesthetic, or wellness uses; Move‑in ready and thoughtfully designed for a seamless operator transition; Located steps from Michigan Avenue, Millennium Park, and the Chicago lakefront
(630) 768-6769 Call to check price and availability
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