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Historic Building Office Unit
For Sale
$90,000

111 N Wabash Avenue #1205, Chicago, IL 60602

Office condominium within downtown Chicago’s Loop, near the Wabash CTA elevated rail station and major civic destinations.

Property SizeContact for details
Days on Market171

Property Features for 111 N Wabash Avenue #1205

General Information

Standard status Active
Property subtype Commercial

Additional Details

Public Transit Yes

Amenities

shared conference room
janitorial services
security
maintenance and cleaning of washrooms
Central air
Central Air Cooling

Building Details

Year Built 1914
Listing Agency: COMPASS
Listed By: ANN PANCOTTO · License #475121718
Source: Corcoran
Added: Feb 27 Changed: Aug 16 Last Checked: Aug 16 at 6:36AM

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 COMPASS

Investment Insights

Based on property information with market context.

This office condominium is located within the Garland Building, a 1914 commercial property at 111 N. Wabash Avenue in downtown Chicago. The space is positioned for office, medical, dental, therapy, creative office, legal, nonprofit, and financial firm use, as identified in the property information.

The building occupies the corner of Wabash Avenue and Washington Street in the Loop, 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, access to a shared conference room, maintenance, and washroom cleaning.

Key Highlights

  • Office condominium in the 1914 Garland Building
  • Located at the corner of Wabash Avenue and Washington Street
  • Adjacent to the Wabash CTA elevated rail station

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 - Office condominium within downtown Chicago’s Loop, near the Wabash CTA elevated rail station and major civic destinations.
Where is this office units located?
The property is located at 111 N Wabash Avenue #1205 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: Office condominium in the 1914 Garland Building; Located at the corner of Wabash Avenue and Washington Street; Adjacent to the Wabash CTA elevated rail station
More about this property
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