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Listing provided courtesy of CompassMREDas Distributed by MLSGrid- MLS# 12448846MLS Provider

111 N Wabash Avenue #1221Chicago, IL 60602

Commercial · 344,000 Sq. ft.
$69,000 Active

111 N Wabash Avenue #1221 Overview

Time on Site:
315 days
Visits:
15

BEST LAKE AND CITY VIEWS... Move right into this amazing suite in the Garland completely furnished and ready to expand or start your business. Previously a Therapist office and includes a waiting room, Therapist office, private office, sink and 2 private entrances. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low Assessments and Taxes. (Also, just listed For Sale is Suite 1220 next door... fully furnished Dental office with waiting room, private bathroom, exam room with 3 dental chairs, 2 private offices and work room with Lake and City Views... a great investments to purchase both!)

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111 N Wabash Avenue #1221 Facts & Features

  • Type Commercial
  • Sq. ft. 344,000
  • Price/Sq.ft. $0

Details

General

Income/Expenses

  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1922

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Loop

Rent/Lease Information

  • Tenant Pays: Electricity, Taxes, Insurance

Tax Information

  • Tax Annual Amount: $2,350.00
  • Tax Year: 2022

General Information

  • Parcel Number: 17103090161080
  • Property Sub Type: Office
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 344000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 480
  • Stories: 22

Unit Information

  • Unit SqFt.: 412
  • Unit Number: 1221

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 96X163
  • Lot Size Square Feet: 15648

111 N Wabash Avenue #1221 Neighborhood

Community

60602 (CHICAGO) Demographics

34
Median Age
18,333
Population Density (per sq. mile)
94%
College Educated
$226,276
Estimated Median Income
437
Estimated Total Home Owners
540
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

111 N Wabash Avenue #1221 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

111 N Wabash Avenue #1221 Market Data

Based on the last 30 days in this zip code

$612,082
Average List Price
$441
Average Price per Square Foot
4
Properties Sold
71
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

111 N Wabash Avenue #1221 History

Date Event Value Agent
9/7/2025Source: MRED Status Change
Active
9/2/2025Source: MRED Price Reduction
$69,000 -23.3%
9/2/2025Source: MRED Status Change
Price Change
8/23/2025Source: MRED Status Change
Active
8/18/2025Source: MRED Added to Database
August 18, 2025