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Office Units in Historic Building
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111 N Wabash Avenue, Chicago, IL 60602

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market221

Property Features for 111 N Wabash Avenue

General Information

Property type Commercial Lease
Property subtype Office
Directions Northeast corner near Wabash and Washington.
Subdivision CHI - Loop
Standard status Active

Utilities

Cooling system Central Air

Amenities

janitorial services
security
shared conference room
maintenance and cleaning of washrooms
management on site
owner on site

Building Details

Year built 1917
Listing Agency: Compass
Listed By: Ann Pancotto · License #475121718
Added: Feb 26 Changed: Aug 27 Last Checked: Oct 5 at 11:06PM
MLS# 12578808

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office units are available for lease within the Garland Building, a 1917 property offering central air and space suited to office, medical, dental, and therapy users. The property can also accommodate creative office, legal, nonprofit, and financial operations, subject to applicable requirements.

Located at the corner of N. Wabash Avenue and Washington Street in Chicago’s Loop, the building is adjacent to the Wabash CTA elevated rail station and near Millennium Park and the Magnificent Mile. On-site management and ownership support building operations. Monthly assessments include janitorial service five days per week, security, a shared conference room, maintenance, and washroom cleaning.

Key Highlights

  • Office units available for lease in the 1917 Garland Building
  • Central air serving the office spaces
  • Suitable for office, medical, dental, and therapy users

Property Analytics

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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

Location Intelligence

Trade Area within ½ mile

39,284
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$27.29 /SF/Yr
Avg Asking Price
$4.8–$94 /SF/Yr
Price Range
15,713 SF
Avg Space Size

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?
Office units - Central-air office spaces support medical, dental, therapy, legal, nonprofit, and financial uses.
Where is this office units located?
The property is located at 111 N Wabash Avenue Chicago, IL.
What are key features of this property?
This property features: Office units available for lease in the 1917 Garland Building; Central air serving the office spaces; Suitable for office, medical, dental, and therapy users
More about this property
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