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$50,000
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Property Description
Fantastic Location for an Office Suite in The Historic Garland Building in downtown Chicago. At 111 N. Wabash We are pleased to present an exceptional, cash-flowing investment or owner-user opportunity. This Unit is 717 Square Feet... Formerly used by an optometrist. The space is currently built out with open office/reception area and back office area with desks, sink, shelving, and cabinetry. Two newer air conditioning units are included with sale. The Garland is CTA-Adjacent with direct access to all EL Lines & Multiple Bus Routes. Retail co-tenants are Staples Office Supplies and Subway Sandwich Shop. 111 N. Wabash is the perfect location for any small business and a commercial condominium is the best way to manage the occupancy. Current Assessment: $969.86 includes Water, Cleaning (Monday-Friday), and Heat (Electricity Billed Separately). Building offers Valet Parking, Shared Conference Room, and 24/7 Security. Unit is steps away from Elevator and offers a convenient location with abundance of neighboring shopping, eateries, and Millennium Park. Very Commuter friendly location with Washington/Wabash CTA, Millennium Train Station, and more within close proximity. An Excellent Opportunity!!
Full Property Details
Full Property Details for 111 N Wabash Ave #1711
General
- Sold For: $50,000
- Taxes: $7,251 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11733238
- Added to Site: 1, 047 day(s) ago
Additional Information
- Security/Safety: Other
Location
- Area: CHI - Loop
- County: Cook
- Driving Directions: W on E Randolph Street, Then S on North Wabash Avenue.
- Location Details: Downtown Chicago
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat
Structural Information
- Stories/Levels: 21
- Square Feet: 259,000
- Year Built: 1917
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.36
- Lot Size (Sq. Ft.): 15,682
- Lot Dimensions: 96 x 162
- Zoning: OFFIC
Financial Considerations
- Lease Price: $33
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Other
- Assessment Year: 1917
- Tax Amount: $7,251
- Tax Year: 2021
Disclosures and Reports
- Property ID: 17103090161121
Listed and Sold by Compass
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Schools
Schools serving 111 N Wabash Ave #1711
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 N Wabash Ave #1711
Date
Details
Price
Change
Source
9/12/2023
Sold
$50,000
-22.96%
MLS
6/07/2023
Price Reduced
$64,900
-7.15%
MLS
3/08/2023
Listed
$69,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
111 N Wabash Avenue #1711, Chicago, IL 60602 (MLS# 11733238) is a Commercial property that was sold at $50,000 on September 12, 2023. Want to learn more about 111 N Wabash Avenue #1711? 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.

