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Office Units in Garland Building
For Sale
$90,000

111 N Wabash Avenue, Chicago, IL 60602

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market176

Property Features for 111 N Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Office
Directions North on Wabash Avenue near Washington Avenue
Subdivision CHI - Loop
Standard status Active

Utilities

Cooling system Central Air

Amenities

shared conference room
janitorial services
security
maintenance

Building Details

Year built 1914
Listing Agency: Compass
Listed By: Ann Pancotto · License #475121718
Added: Feb 26 Changed: Aug 20 Last Checked: Aug 21 at 7:06PM
MLS# 12578806

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 condominium units occupy the Garland Building, a 1914 commercial property with central air and on-site management. The spaces are identified for office, medical, dental, therapy, creative office, legal, nonprofit, and financial uses. Shared building services include a conference room, janitorial service five days per week, security, washroom maintenance, and cleaning.

The property is located at 111 N. Wabash Avenue at Washington Street in downtown Chicago’s Loop. Its corner position places the building adjacent to the Wabash CTA elevated rail station and near Millennium Park and the Magnificent Mile. The owner and management company are on site.

Key Highlights

  • 1914 Garland Building with office condominium units
  • Central air conditioning
  • On‑site owner and management company

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.

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

Market

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 - Professional office condos offer central air, on-site management, and access to shared conference facilities.
Where is this office units located?
The property is located at 111 N Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 1914 Garland Building with office condominium units; Central air conditioning; On‑site owner and management company
More about this property
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