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Corner Medical Office Suite
For Sale
$110,000

1216-111 N Wabash Ave, Chicago, IL 60605

A flexible plan combines three larger rooms with four private offices and an in-suite restroom.

Property SizeContact for details
Days on Market11

Property Features for 1216-111 N Wabash Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $10,778
Listing Agency: World One Realty
Listed By: Henrique Menezes
Source: Exprealty
Added: Oct 2 Changed: Oct 11 Last Checked: Oct 11 at 2:46PM

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 World One Realty

Investment Insights

Based on property information with market context.

This corner medical office suite has two entrances and a layout combining three larger rooms with four individual offices. The larger rooms are currently arranged as reception, lounge, and physical therapy space; the separate offices include built-in cabinets and workstations. Natural light reaches the unit, and it has a private bathroom. Sinks serve the physical therapy room and three offices, with a water line in the reception area.

Building association services include heat, weekday cleaning, garbage collection, engineering, and management. Security staff are on site around the clock.

Key Highlights

  • Corner suite with two entrances
  • Three larger rooms currently set up for reception, lounge, and physical therapy
  • Four individual offices with built‑in cabinets and workstations

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Butcher Nursing Home (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Tanning Salon

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

4,706
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
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?
Medical Office Space - A flexible plan combines three larger rooms with four private offices and an in-suite restroom.
Where is this medical office space located?
The property is located at 1216-111 N Wabash Ave Chicago, IL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Corner suite with two entrances; Three larger rooms currently set up for reception, lounge, and physical therapy; Four individual offices with built‑in cabinets and workstations
More about this property
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