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Listing provided courtesy of Keller Williams ONEChicagoMREDas Distributed by MLSGrid- MLS# 12591525MLS Provider

111 N Wabash Avenue #1610Chicago, IL 60602

Commercial · 259,000 Sq. ft.
$149,900 Active

111 N Wabash Avenue #1610 Overview

Time on Site:
108 days
Visits:
1

Position your business in the heart of Downtown Chicago with this 2,800 SF commercial condominium located on the 16th floor of the iconic Garland Building at 111 N. Wabash Avenue. Built in 1917, this architecturally significant property blends historic character with modern functionality, offering a professional environment ideal for medical, office, or research users. The flexible floor plan allows for a variety of configurations, whether you are seeking a medical suite, legal office, creative workspace, or financial services operation. The space benefits from central HVAC, wet sprinkler system, separate electrical meters, and access to central building services. Offered as a commercial condo, this opportunity provides long-term control of occupancy in one of Chicago's most recognized business corridors. The B-2 zoning supports a wide range of office and commercial uses, making it well suited for owner-users or professional practices seeking a permanent Downtown presence.

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111 N Wabash Avenue #1610 Facts & Features

  • Type Commercial
  • Sq. ft. 259,000
  • Price/Sq.ft. $1

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 58860

Building Information

  • Year Built: 1917

Business Information

  • Current Use: Medical/Dental

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Air Conditioning

Tax Information

  • Tax Annual Amount: $28,245.00
  • Tax Year: 2024

General Information

  • Parcel Number: 17103090161113
  • Possible Use: Commercial,Office
  • Property Type: Commercial Sale
  • Zoning: OFFIC

Interior

Building Interior

  • Building Area Total: 259000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Leasable Area: 2800
  • Stories: 22

Unit Information

  • Unit SqFt.: 2800
  • Unit Number: 1610

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 15876
  • Lot Size Square Feet: 15876

Building Exterior/Construction

  • Construction Materials: Brick, Glass, Stone

111 N Wabash Avenue #1610 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 #1610 Monthly Cost

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Randall Fowlkes
* 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 #1610 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 #1610 History

Date Event Value Agent
6/7/2026Source: MRED Status Change
Active
6/2/2026Source: MRED Price Reduction
$149,900 -14.3%
6/2/2026Source: MRED Status Change
Price Change
5/2/2026Source: MRED Status Change
Active
4/27/2026Source: MRED Price Reduction
$174,900 -12.5%
4/27/2026Source: MRED Status Change
Price Change
3/18/2026Source: MRED Status Change
Active
3/13/2026Source: MRED Added to Database
March 13, 2026