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Downtown Chicago Office with Views
For Lease
$28 SF/Yr

111 N Wabash Avenue #1422, Chicago, IL 60602

Premium office space in historic Garland Building with park views.

Space SizeContact for details
Days on Market208

Property Features for 111 N Wabash Avenue #1422

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1914
Listing Agency: FIRST IN REALTY, INC.
Listed By: MARK MIELNICKI
Source: Corcoran
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 1:51PM

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 FIRST IN REALTY, INC.

Investment Insights

Based on property information with market context.

Located in downtown Chicago, steps from Michigan Avenue, this office space offers views of Millennium Park and Lake Michigan in the historic Garland Building. The units are suitable for professionals seeking a private workspace with downtown appeal and convenience to city amenities. The modern interiors feature abundant natural light and flexible layout options. Building amenities include secure entry, on-site management and security, and nearby dining and shopping. The location provides access to major transit and city attractions. Landlord build options are available. The office space is suitable for small businesses, creative teams, or startups looking to thrive in a professional setting, with access to nearby restaurants, shopping, and cultural landmarks.

Key Highlights

  • Stunning views of Millennium Park and Lake Michigan.
  • Prime downtown Chicago location, steps from Michigan Avenue.
  • Modern interiors with abundant natural light.

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.

Lease Details

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

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

Lease Benchmarks for Chicago, IL

$29.31 /SF/Yr
Avg Asking Price
$6.8–$133 /SF/Yr
Price Range
13,714 SF
Avg Space Size

This space is priced 4% below the average of $29.31 /SF/Yr.

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 - Premium office space in historic Garland Building with park views.
Where is this office units located?
The property is located at 111 N Wabash Avenue #1422 Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Stunning views of Millennium Park and Lake Michigan.; Prime downtown Chicago location, steps from Michigan Avenue.; Modern interiors with abundant natural light.
More about this property
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