Historic Office
New
For Lease
$18 SF/Yr
111 N Wabash Ave Unit 1212, Chicago, IL 60602
Downtown office condominium in a landmark building with on-site management and shared conference facilities.
Space SizeContact for details
Days on Market2
Property Features for 111 N Wabash Ave Unit 1212
General Information
Standard status
Active
Additional Details
Public Transit
Yes
Amenities
janitorial services
security
shared conference room
maintenance and cleaning
management and owner on site
Building Details
Year Built
1917
Listing Agency:
Compass
Listed By:
Ann Pancotto · License #475121718
(630) 479-4393
Source:
Grandviewrealtyservices
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 3:00PM
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.
Office condominium space is available within the Historic Garland Building at 111 N. Wabash Ave. in downtown Chicago. Constructed in 1917, the property supports office, medical, dental, therapy, creative office, legal, nonprofit, and financial firm uses identified for the space.
The building occupies the corner of Wabash Avenue and Washington Street in the Loop, adjacent to the Wabash CTA elevated rail station. Millennium Park and the Magnificent Mile are within steps of the property. On-site management and ownership provide building oversight, while monthly assessments include janitorial service five days per week, security, a shared conference room, maintenance, and washroom cleaning.
The building occupies the corner of Wabash Avenue and Washington Street in the Loop, adjacent to the Wabash CTA elevated rail station. Millennium Park and the Magnificent Mile are within steps of the property. On-site management and ownership provide building oversight, while monthly assessments include janitorial service five days per week, security, a shared conference room, maintenance, and washroom cleaning.
Key Highlights
- Office condominium space in the Historic Garland Building
- 1917 construction in downtown Chicago’s Loop
- Corner location at Wabash Avenue and Washington Street
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
39,284
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Chicago, IL
$30.01 /SF/Yr
Avg Asking Price
$6–$133 /SF/Yr
Price Range
14,172 SF
Avg Space Size
This space is priced 40% below the average of $30.01 /SF/Yr.
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Office units - Downtown office condominium in a landmark building with on-site management and shared conference facilities.
Where is this office units located?
The property is located at 111 N Wabash Ave Unit 1212 Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Office condominium space in the Historic Garland Building; 1917 construction in downtown Chicago’s Loop; Corner location at Wabash Avenue and Washington Street
