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Financial
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Property profile

111 N Wabash Ave 1205 Chicago, IL 60602

FOR SALE
Other office properties
Property ID
US28-1096888
0.36 ac lot Built 1917
Last sale Nov 2011 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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111 N Wabash Ave,Unit 1205, Chicago, IL 60602 For Sale
$60,000
111 N Wabash Ave,Unit 1205, Chicago, IL 60602
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Property summary

AI-generated overview

This office condominium unit is located within the Historic Garland Building, a 1914 commercial property situated at the corner of Wabash Avenue and Washington Street in downtown Chicago’s Loop business district. The building is configured to support professional office use and includes building-level services such as on-site management, shared conference space, security, maintenance, and washroom cleaning, with janitorial service provided five days per week. The property is positioned adjacent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$19k
Tax billed · 2022
Assessed value$92k
Assessed land$20k
Assessed improvement$73k
Effective rate20.57%

Value estimate

· Oct 2026
$60k
$54k – $66k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
Submarket average, outlier-cleaned · 152 recorded sales of this use type
Observed band · Q1–Q3$51 – $278

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat14.3
Butcher8.3
Adult Day Care Center7.1

Location

111 N Wabash Ave, Unit 1205 Chicago, IL 60602
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
70 Madison St, Chicago, IL 60602-4255 $374,600,000 Jan 2025 1,495,900 SF
30 La Salle, Chicago, IL 60602-2590 $14,000,000 Oct 2024 966,200 SF
30 Michigan, Chicago, IL 60602-3402 $16,435,000 Nov 2023 256,100 SF
100 La Salle St, Chicago, IL 60602-2448 $16,400,000 Sep 2021 No data
170 Washington, Chicago, IL 60602-2312 $3,500,000 Jan 2021 14,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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