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Office Condo Suites in Historic Building
For Sale
Contact for pricing
Pending

111 N Wabash Avenue 1911, Chicago, IL 60602

Office condo units with shared conference room and five-days-per-week janitorial included in monthly assessments.

Property Size344,000 SF
Days on Market771

Property Features for 111 N Wabash Avenue 1911

General Information

Standard status Pending
Size 344,000 SF
Property subtype Office

Building Details

Year Built 1922
Stories 22
Listing Agency: Compass Hinsdale
Listed By: Nick Pancotto · License #IL 475.121718
Source: Crexi
Added: Jul 29, 2024 Changed: Aug 17 Last Checked: Aug 14 at 8:02AM

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 Hinsdale

Investment Insights

Based on property information with market context.

The office condo suites at 111 N Wabash are located within the Historic Garland Building and are offered for lease or sale. Available configurations include office and medical-oriented space suitable for office, medical, dental, or therapy users, along with other professional and service uses. Monthly assessments include janitorial services five days per week, security, shared conference room access, and maintenance and cleaning of washrooms. The property also notes management company and owner on site.

The building sits at the corner of Wabash Avenue and Washington Street in downtown Chicago, adjacent to the Wabash CTA elevated rail station. The remarks indicate the location is steps from Chicago’s Magnificent Mile and Millennium Park.

For those looking to acquire multiple units, the offering also includes a package option to purchase all five units listed as 1205, 1212, 1902, 1911, and 2101.

Key Highlights

  • Historic Garland Building office condo units at 111 N Wabash, built in 1922
  • Corner location at Wabash Avenue and Washington Street in downtown Chicago’s Loop
  • 5 office condo units available: 1205, 1212, 1902, 1911, and 2101 (can be sold together)

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 - Office condo units with shared conference room and five-days-per-week janitorial included in monthly assessments.
Where is this office units located?
The property is located at 111 N Wabash Avenue 1911 Chicago, IL.
What are key features of this property?
This property features: Historic Garland Building office condo units at 111 N Wabash, built in 1922; Corner location at Wabash Avenue and Washington Street in downtown Chicago’s Loop; 5 office condo units available: 1205, 1212, 1902, 1911, and 2101 (can be sold together)
More about this property
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