312-338-3001
111 N Wabash Ave, Chicago, IL for Sale
Medical CONDO - FOR SALE
1/100
4,152-12,836 SF | Request Cap Rate

111 N Wabash Ave
Chicago, IL 60602


OVERVIEW

Subject property is a 12,836 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

# OF UNITS

3

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Garland Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

259,000 SF

STORIES

22

BUILDING CLASS

C

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

DX-16

APN/PARCEL ID

17-10-309-016-1037

ASK ABOUT THIS PROPERTY

Susan SilverMillennium Properties R/E, Inc.More Info
312-338-3001

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Susan SilverMillennium Properties R/E, Inc.More Info
312-338-3001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.