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Historic Garland Building Office Condo
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111 North Wabash Avenue 1610, Chicago, IL 60602

Downtown Chicago office condo in historic Garland Building.

Property Size259,000 SF
Price / SF$0.85
Days on Market1122

Property Features for 111 North Wabash Avenue 1610

General Information

Standard status Active
Size 259,000 SF
Property subtype Office
Investment Type Owner/User
Listing Agency: Compass
Listed By: Gabriela K. Chawla · License #IL
Source: Crexi
Added: Aug 11, 2023 Changed: Aug 27 Last Checked: Sep 2 at 5:22PM

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.

Located in the Historic Garland Building in downtown Chicago, this commercial condominium unit at 111 N. Wabash is available for purchase. The space, situated on the sixteenth floor, offers approximately 2,800 square feet. The property is located at the corner of Wabash Avenue and Washington Street, in the heart of the Loop, adjacent to the Wabash CTA elevated rail station and steps from Chicago's Magnificent Mile and Millennium Park. This space is suitable for medical professionals, creative offices, attorneys, non-profits, and financial firms.

Key Highlights

  • Prime downtown Chicago Loop location in the Historic Garland Building.
  • Versatile 2,800 SF commercial condominium suitable for various professional uses.
  • Owner‑user opportunity to control occupancy costs.

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.

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 - Downtown Chicago office condo in historic Garland Building.
Where is this office units located?
The property is located at 111 North Wabash Avenue 1610 Chicago, IL.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Prime downtown Chicago Loop location in the Historic Garland Building.; Versatile 2,800 SF commercial condominium suitable for various professional uses.; Owner‑user opportunity to control occupancy costs.
(773) 562-1926 Call to check price and availability
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