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111 N Wabash Ave - Garland Building Unit 1221, 1220 480 - 3,020 SF Office/Medical Condo Units Offered at $95,535 - $276,912 CAD Per Unit in Chicago, IL 60602
Investment Highlights
- 24/7 building access and security
- Shared conference rooms
- Seven passenger elevators + freight elevator
- On-site management and concierge
Executive Summary
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.
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
This space is available for sale or lease and owner would consider creative options. These suites a perfect for medical professionals, creative office, attorneys, non-profits and financial firms. The space is approximately 3020 SF on the 12th floor of the building. The property 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.
| Sale Type | Investment or Owner User | APN/Parcel ID | 17-10-309-016-1079 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1079 |
Description
BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutely a fantastic opportunity to expand or start your business in one of the best locations in 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 taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!)
Sale Notes
24-hour notice, 9am-5pm only
| Sale Type | Investment or Owner User | APN/Parcel ID | 17-10-309-016-1080 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1080 |
Description
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 absolutely 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!)
Sale Notes
48 Hour notice required
9am-5pm only
9am-5pm only
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1205 | 3,020 SF | Office/Medical | $124,610 CAD ($41.26 CAD/SF) | - |
| Unit 1220 | 610 SF | Office/Medical | $276,912 CAD ($453.95 CAD/SF) | - |
| Unit 1221 | 480 SF | Office/Medical | $95,535 CAD ($199.03 CAD/SF) | - |
Unit 1205
| Unit Size |
| 3,020 SF |
| Condo Use |
| Office/Medical |
| Price |
| $124,610 CAD ($41.26 CAD/SF) |
| NOI |
| - |
Unit 1220
| Unit Size |
| 610 SF |
| Condo Use |
| Office/Medical |
| Price |
| $276,912 CAD ($453.95 CAD/SF) |
| NOI |
| - |
Unit 1221
| Unit Size |
| 480 SF |
| Condo Use |
| Office/Medical |
| Price |
| $95,535 CAD ($199.03 CAD/SF) |
| NOI |
| - |
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Unit 1205
| Unit Size | 3,020 SF |
| Condo Use | Office/Medical |
| Price | $124,610 CAD ($41.26 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| This space is available for sale or lease and owner would consider creative options. These suites a perfect for medical professionals, creative office, attorneys, non-profits and financial firms. The space is approximately 3020 SF on the 12th floor of the building. The property 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. |
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Unit 1220
| Unit Size | 610 SF |
| Condo Use | Office/Medical |
| Price | $276,912 CAD ($453.95 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1079 |
| Description | |
| BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutely a fantastic opportunity to expand or start your business in one of the best locations in 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 taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!) | |
| Sale Notes | |
| 24-hour notice, 9am-5pm only |
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Unit 1221
| Unit Size | 480 SF |
| Condo Use | Office/Medical |
| Price | $95,535 CAD ($199.03 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 17-10-309-016-1080 |
| Description | |
| 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 absolutely 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!) | |
| Sale Notes | |
|
48 Hour notice required 9am-5pm only |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 345,000 SF | Typical Floor Size | 11,773 SF |
| Property Type | Office | Year Built | 1919 |
| Building Class | B | Lot Size | 0.36 AC |
| Floors | 22 | Parking Ratio | 0.02/1,000 SF |
| Zoning | DX-16 - Downtown Mixed-Use District | ||
| Total Building Size | 345,000 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 22 |
| Typical Floor Size | 11,773 SF |
| Year Built | 1919 |
| Lot Size | 0.36 AC |
| Parking Ratio | 0.02/1,000 SF |
| Zoning | DX-16 - Downtown Mixed-Use District |
Amenities
- 24 Hour Access
- Controlled Access
- Concierge
- Conferencing Facility
- Convenience Store
- Food Service
- Property Manager on Site
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- On-Site Security Staff
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
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111 N Wabash Ave - Garland Building Unit 1221, 1220
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