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Medical Office Suite with Dental Equipment
For Sale
$200,000

111 N Wabash Avenue, Chicago, IL 60602

Commercial Sale, Chicago, IL

Property SizeContact for details
Lot Size0.36 Acres
Days on Market414

Property Features for 111 N Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Office
Directions Northwest corner near Wabash and Washington
Subdivision CHI - Loop
Standard status Active
APN 17103090161079
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 6448

Utilities

Cooling system Central Air

Amenities

shared conference room
security

Building Details

Year built 1922
Listing Agency: Compass
Listed By: Ann Pancotto · License #475121718
Added: Aug 18, 2025 Changed: Aug 20 Last Checked: Oct 5 at 9:06PM
MLS# 12448848

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.

This medical office suite in the Garland Building is furnished and equipped for dental operations. The layout includes a waiting room, private bathroom, private offices, a work room, and 3 dental chairs, with central air conditioning serving the space. Lake and city views are also noted.

The suite is located at 111 N Wabash Avenue in downtown Chicago’s Loop, at the corner of Wabash Avenue and Washington Street. The building is adjacent to the Wabash CTA elevated rail station and near the Magnificent Mile and Millennium Park. Management and ownership are on site. Monthly assessments cover janitorial service five days per week, security, access to a shared conference room, maintenance, and washroom cleaning.

Key Highlights

  • Furnished medical office suite with 3 dental chairs
  • Waiting room, private bathroom, private offices, and work room
  • Central air conditioning and lake and city views

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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Medical Office Space - Furnished clinical space includes three dental chairs and dedicated support rooms.
Where is this medical office space located?
The property is located at 111 N Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Furnished medical office suite with 3 dental chairs; Waiting room, private bathroom, private offices, and work room; Central air conditioning and lake and city views
More about this property
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