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High-Floor Office Condo
For Sale
$189,000

111 N Wabash Avenue, Chicago, IL 60602

Configured with reception, file storage, and multiple private rooms for professional use.

Property Size259,000 SF
Price / SF$0.73
Days on Market142

Property Features for 111 N Wabash Avenue

General Information

Standard status Active
Size 259,000 SF
Property subtype COMMERCIAL

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $12,822

Amenities

conference room
24/7 security
on-site building management
valet service
inclusive heat and water
cleaning service

Building Details

Building Size 259,000 SF
Year Built 1917
Listing Agency: Alec Realty Group, LLC
Listed By: Christian Searles · License #475179044
Source: Harkinsandassociates
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 30 at 10:42PM

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 Alec Realty Group, LLC

Investment Insights

Based on property information with market context.

This 1,028-square-foot office condominium occupies a high floor in the historic Garland Building at 111 N Wabash Avenue. Its existing layout includes a waiting area, reception area, file room, and six private rooms, providing a defined framework for professional office or healthcare-related operations. The unit may also be combined with the neighboring space for a total of 3,800 square feet.

Building services include access to a conference room, 24/7 security, on-site management, valet service, and five-day-per-week suite cleaning. Heat and water are included, supporting a professionally managed occupancy experience in downtown Chicago.

Key Highlights

  • 1028 SF office condo in the historic Garland Building
  • High‑floor position at 111 N Wabash Avenue, Chicago, IL 60602
  • Layout includes a waiting area, reception, file room, and six private rooms

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

Yes
Utilities to site

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 - Configured with reception, file storage, and multiple private rooms for professional use.
Where is this office units located?
The property is located at 111 N Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1028 SF office condo in the historic Garland Building; High‑floor position at 111 N Wabash Avenue, Chicago, IL 60602; Layout includes a waiting area, reception, file room, and six private rooms
More about this property
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