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$24,999 Contingent
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Property Description
Historic Garland Building | Lake & Millennium Park Views | Turnkey Office Condo Exceptional turnkey office condominium for sale in the iconic Garland Building, steps from Millennium Park and Lake Michigan. This fully built-out, cash-flowing space is ideal for professionals seeking a prestigious downtown presence - whether as an owner-user or investment property. Located on the 12th floor of this landmark 1920s structure, Unit 1203 offers breathtaking, unobstructed views of Lake Michigan and the park, natural light throughout, and a sophisticated, move-in-ready interior. The reception area shown in photos is just the beginning - a detailed floor plan is available upon request. The Garland Building is CTA-adjacent with direct access to the Red, Blue, and Brown Lines, plus multiple bus routes, making it one of Chicago's most accessible downtown locations. As a commercial condominium, this unit offers full ownership control, flexible use, and long-term value - perfect for law firms, consultants, architects, or growing businesses seeking a premium address. Units are contiguous - ideal for expansion. Don't miss this rare opportunity to own a turnkey office in one of Chicago's most desirable downtown buildings.
Full Property Details
Full Property Details for 111 N Wabash Ave #1203
General
- Price: $24,999
- Taxes: $3,500 (2023)
- Status: Contingent
- Type: Office
- Source: MRED
- MLS ID: 12563070
- Updated: 3/26/2026
- Added to Site: 57 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Loop
- County: Cook
- Driving Directions: Enter from Wabash Avenue between Randolph and Washington Streets. The building is on the west side of Wabash, just north of the Chicago Cultural Center and across from the James R. Thompson Center. Unit 1203 is on the 12th floor - look for the building's modern glass facade and prominent signage.
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
Structural Information
- Drive-In Doors: 1
- # Loading Docks: 1
- Stories/Levels: 17
- Square Feet: 365
- Year Built: 1919
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 15,876
- Lot Dimensions: .3645
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $4,577
- Security Deposit: Other
- Assessment Year: 1919
- Tax Amount: $3,500
- Tax Year: 2023
Disclosures and Reports
- Property ID: 17103090161071
Listed by Option Premier LLC
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Schools
Schools serving 111 N Wabash Ave #1203
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
South Loop Elementary School 1212 South Plymouth Court, Chicago, IL 60605 | PK-8 | 1.2 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 N Wabash Ave #1203
Date
Details
Price
Change
Source
2/06/2026
Listed
$24,999
-47.37%
MLS
4/11/2010
Sold
$47,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 111 N Wabash Ave #1203
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,577
3%
$21,695
—
2022
$4,462
2%
$21,695
-1%
2021
$4,385
8%
$21,807
20%
2020
$4,053
11%
$18,195
—
2019
$3,656
2%
$18,195
—
2018
$3,594
41%
$18,195
54%
2017
$2,547
7%
$11,831
—
2016
$2,370
9%
$11,831
—
2015
$2,168
21%
$11,831
22%
2014
$1,795
2%
$9,673
—
2013
$1,759
1%
$9,673
—
2012
$1,736
—
$9,673
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 N Wabash Ave #1203
111 N Wabash Avenue #1203, Chicago, IL 60602 (MLS# 12563070) is a Office property. 111 N Wabash Avenue #1203 is currently listed for $24,999 and was received on February 06, 2026. Want to learn more about 111 N Wabash Avenue #1203? Do you have questions about finding other Office real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

