This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$199,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property Description
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.
Full Property Details
Full Property Details for 111 N Wabash Ave #1610
General
- Price: $199,900
- Taxes: $28,245 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12591525
- Updated: 3/19/2026
- Added to Site: 22 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: CHI - Loop
- County: Cook
- Driving Directions: Michigan Ave to Washington Street to property
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Brick, Glass, Stone
- Exterior Const.: Brick, Glass, Stone
- Stories/Levels: 22
- Square Feet: 259,000
- Current Bldg. Use: Medical/Dental
- Year Built: 1917
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 15,876
- Lot Dimensions: 15876
- Frontage: City Street
- Potential Use: Commercial, Office
- Zoning: OFFIC
Financial Considerations
- Lease Price: $45
- For Sale/Rent/Lease: For Sale or Rent
- Operating Expenses: $58,860
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1917
- Tax Amount: $28,245
- Tax Year: 2024
- Tenant Pays: Air Conditioning
Disclosures and Reports
- Property ID: 17103090161113
Listed by Keller Williams ONEChicago
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 111 N Wabash Ave #1610
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 #1610
Date
Details
Price
Change
Source
3/13/2026
Listed
$199,900
-65.83%
MLS
1/27/2011
Sold
$585,000
—
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 #1610
Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,140
3%
$123,894
—
2022
$25,483
2%
$123,894
-1%
2021
$25,039
-8%
$124,518
2%
2020
$27,210
11%
$122,144
—
2019
$24,540
2%
$122,144
—
2018
$24,128
41%
$122,144
54%
2017
$17,097
7%
$79,420
—
2016
$15,907
9%
$79,420
—
2015
$14,553
21%
$79,420
22%
2014
$12,048
2%
$64,933
—
2013
$11,810
1%
$64,933
—
2012
$11,652
—
$64,933
—
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 #1610
111 N Wabash Avenue #1610, Chicago, IL 60602 (MLS# 12591525) is a Commercial property. 111 N Wabash Avenue #1610 is currently listed for $199,900 and was received on March 13, 2026. Want to learn more about 111 N Wabash Avenue #1610? Do you have questions about finding other Commercial 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.

