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Corner Office Condo
New
For Sale
$110,000

111 N Wabash Avenue #1216, Chicago, IL 60602

Two entrances allow the suite’s work areas to be connected or separated.

Property SizeContact for details
Days on Market5

Property Features for 111 N Wabash Avenue #1216

General Information

Standard status Active
Property subtype Commercial

Additional Details

Office Units 1

Taxes and HOA fees

Annual Taxes $10,779

Amenities

private in suite bathroom
heat
janitorial services
engineering
management
24/7 security staff
Central air
Central Air Cooling

Building Details

Year Built 1914
Tenancy Multi
Listing Agency: WORLD ONE REALTY
Listed By: HENRIQUE MENEZES
Source: Corcoran
Added: Oct 2 Changed: Oct 4 Last Checked: Oct 5 at 6:37PM

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 WORLD ONE REALTY

Investment Insights

Based on property information with market context.

This corner office condominium in the Garland Building has two entrances and a layout with three large shared work areas plus four private offices. The offices include built-in cabinets and workstations. A private bathroom serves the suite, with sinks in the therapy room and three offices, and a water line in the reception area. The building dates to 1914.

Building association services include heat, weekday janitorial cleaning and garbage collection, engineering, management, and on-site security staff around the clock.

Key Highlights

  • Corner condominium layout with two entrances
  • Three large work areas and four private offices
  • Built‑in cabinets and workstations in the private offices

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

1
Office units
Multi-tenant
Tenancy

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two entrances allow the suite’s work areas to be connected or separated.
Where is this office units located?
The property is located at 111 N Wabash Avenue #1216 Chicago, IL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Corner condominium layout with two entrances; Three large work areas and four private offices; Built‑in cabinets and workstations in the private offices
More about this property
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