Furnished Medical Office
For Sale
$69,000
111 N Wabash Avenue #1221, Chicago, IL 60602
Configured with reception, private offices, a sink, and two separate entrances.
Property Size344,000 SF
Price / SF$0.20
Days on Market357
Property Features for 111 N Wabash Avenue #1221
General Information
Standard status
Active
Size
344,000 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,350
Amenities
shared conference room
Building Details
Building Size
344,000 SF
Year Built
1922
Stories
22
Listing Agency:
Compass
(630) 974-6750
Listed By:
Ann Pancotto · License #475121718
(630) 974-6750
Source:
Gia-sells
Added: Aug 18, 2025
Changed: Aug 7
Last Checked: Aug 8 at 12:29PM
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 furnished medical office suite is configured for a professional practice, with a waiting room, therapist office, private office, sink, and two private entrances. The space is located within the historic Garland Building, completed in 1922, and the property is listed at 344,000 SF.
The building occupies the corner of Wabash Avenue and Washington Street in Chicago’s Loop, next to the Wabash CTA elevated rail station. Millennium Park and the Magnificent Mile are also nearby. On-site management and ownership support building operations. Monthly assessments cover janitorial service five days per week, security, access to a shared conference room, maintenance, and washroom cleaning.
The building occupies the corner of Wabash Avenue and Washington Street in Chicago’s Loop, next to the Wabash CTA elevated rail station. Millennium Park and the Magnificent Mile are also nearby. On-site management and ownership support building operations. 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 waiting room and private offices
- Two private entrances and an in‑suite sink
- Located in the Garland Building at Wabash Avenue and Washington Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
39,284
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with reception, private offices, a sink, and two separate entrances.
Where is this medical office space located?
The property is located at 111 N Wabash Avenue #1221 Chicago, IL.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: Furnished medical office suite with waiting room and private offices; Two private entrances and an in‑suite sink; Located in the Garland Building at Wabash Avenue and Washington Street
