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Flexible Office Condominium
For Sale
$124,900

111 N Wabash Avenue, Chicago, IL 60602

Commercial Sale, Chicago, IL

Property Size2,800 SF
Lot Size0.36 Acres
Price / SF$44.61
Days on Market173

Property Features for 111 N Wabash Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions Michigan Ave to Washington Street to property
Subdivision CHI - Loop
Standard status Active
APN 17103090161113
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 28245

Utilities

Cooling system Central Air

Amenities

central HVAC
separate electrical meters
access to central building services

Building Details

Year built 1917
Building materials Brick, Glass, Stone
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: David Piotrowski · License #475155906
Added: Mar 13 Changed: Aug 19 Last Checked: Sep 1 at 1:06AM
MLS# 12591525

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,800-square-foot commercial condominium occupies the 16th floor of the Garland Building at 111 N. Wabash Avenue. The space offers a flexible interior arrangement that can accommodate office, medical, research, legal, creative, or financial services operations. Central HVAC, a wet sprinkler system, separate electrical meters, and access to central building services support the suite’s functionality.

Constructed in 1917, the building features brick, glass, and stone construction and is located in Downtown Chicago. The condominium format provides control of occupancy for an owner-user or professional practice seeking a permanent office location. The property is identified with OFFIC zoning in the listing data.

Key Highlights

  • 2,800 SF commercial condominium on the 16th floor
  • 1917 construction with brick, glass, and stone materials
  • Flexible floor plan for office, medical, research, legal, creative, or financial services use

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
Sprinkler system

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional suite with central HVAC, wet sprinklers, and separate electrical metering.
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 $124,900.
What are key features of this property?
This property features: 2,800 SF commercial condominium on the 16th floor; 1917 construction with brick, glass, and stone materials; Flexible floor plan for office, medical, research, legal, creative, or financial services use
More about this property
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