111 N Wabash Ave, Unit 800, Chicago, IL, 60602

Investment Overview

FOR SALE
Iconic Corner Office Condo | 111 N Wabash Ave, Suite 800 | Chicago, IL 60602
Offered at $199,000 | ± 2,700 SF

KW Commercial, the exclusive listing broker, is pleased to present a prestigious opportunity to acquire a corner office condominium in the celebrated Garland Building, located at the intersection of Wabash Avenue and Washington Boulevard in Chicago’s Central Loop District.

About The Garland Building

• Constructed in 1914, the Garland Building was originally conceived by architect C.A. Eckstorm as a modern, fireproof 16-story U‑shaped tower designed to maximize light and ventilation via a prominent open light court and setback façades
• Named for the historic Garland Stove & Range company, the building later reclaimed its original name under developer James Heyworth in the early 1920s, when it expanded upward to 21–22 stories
• In 1986 it was listed on the National Register of Historic Places, reflecting its architectural and cultural significance within the Loop
• Following a $9 million restoration in the late 1990s, the building was redeveloped in 2005 into one of Downtown Chicago’s first office condominium projects, with all ~170 individual units sold to owner‑occupants and investors
• Historically long‑term tenants include medical professionals, legal firms, financial services, non‑profits and dental/therapy users, reflecting the building’s reputation as a premier medical and professional-use asset with consistently high occupancy

Space Features & Building Highlights

• Suite: 800 — prominent corner exposure offering exceptional light and views
• Size: ± 2,700 SF (within a ± 259,000 SF, 22‑story building)
• Zoning: DX‑16 (Downtown Mixed‑Use District)
• Year Built / Converted: 1914 / converted 2005
• Configuration: In‑suite conference room, private bathroom; seven water lines, five located within private offices — ideal infrastructure for medical, dental, wellness, or healthcare use
• Building Amenities:
  • 24/7 security & staffed lobby
  • On‑site professional management
  • Daily cleaning service (Monday–Friday)
  • Shared conference facility available to unit owners
  • Central HVAC, freight/loading access, and valet potential

Professional & Healthcare Appeal

• The building’s sustained high occupancy by medical practitioners, dentists, therapists, and law firms underscores its tailored suitability for healthcare and clinical office operations
• The presence of multiple water connections within private offices supports facilitation of clinical setups: dental, medical exam rooms, therapy/wellness studios, or specialty oriented practices.
• The condominium structure—owner‐controlled units with consistent, low‑fee assessments and transparent governance—attracts long‐term owner‑users seeking stability and tenant quality.

Neighborhood & Visibility

• Positioned steps from Millennium Park, Michigan Avenue’s Magnificent Mile, the Art Institute of Chicago and the Chicago Cultural Center.
• Surrounded by institutions and amenities including Walgreens, FedEx, Macy’s/Block 37, Palmer House Hilton, Chicago Athletic Association Hotel, Loop law firms, and professional services.
• Highly walkable location with Transit Score: 100, Walk Score: 99; average daily traffic at Wabash & Washington is ~9,914 vehicles

Transit & Public Transportation

Suite 800 offers exceptional transit connectivity, ideal for employees, clients, and patients:

• CTA ‘L’ Stations:
  • Washington/Wabash Station: Brown, Orange, Pink, Green, Purple Express lines — adjacent to building
  • Randolph/Wabash, Lake (Red Line), and Monroe/Adams-Wabash/Blue Line: within a 4–6‑minute walk
• Metra Commuter Rail:
  • Millennium Station (Metra Electric & South Shore lines): ~3‑minute walk
  • Nearby commuter hubs: Union Station, Ogilvie Transportation Center, LaSalle Street Station — serving multiple Metra lines including Union Pacific, BNSF, Milwaukee District, Heritage Corridor, and others
• CTA & Pace Bus Routes:
  • Numerous routes serving Michigan, Randolph, Washington, and Wabash corridors (e.g. 3, 4, 6, 20, 56, 60, 124, 147, 151, 157 + express variants), with stops within 1–2 blocks of the building

Area Overview

The Loop is a vibrant area featuring eclectic eateries, shops, theaters and parks. Comprised mostly of high-rises, it’s also home to the 108-story Willis Tower. The iconic “Cloud Gate” sculpture sits in Millennium Park. Grant Park features the large, rococo-style Buckingham Fountain and the renowned Art Institute of Chicago, and hosts annual events like The Taste of Chicago and Lollapalooza. 

Highlights

Prestigious Corner Office Condo in Iconic Landmark: ±2,700 SF corner suite in the historic Garland Building, featuring abundant natural light, private bath, and seven water lines—ideal for medical or professional use.

Prime Central Loop Location: Located at Wabash & Washington in the heart of Chicago’s Loop, steps from Millennium Park, Michigan Ave, the Art Institute, and top-tier amenities.

Exceptional Transit Connectivity: Adjacent to Washington/Wabash CTA ‘L’ station with access to five train lines; walking distance to Metra’s Millennium Station and major commuter hubs.

Historic Asset with Modernized Infrastructure: Part of a 22-story building listed on the National Register of Historic Places; converted in 2005 with modern HVAC, 24/7 security, freight access, and shared conference space.

Medical & Professional Use Ready: Existing infrastructure includes five in-office water lines, private conference room, and bathroom—perfect for dental, wellness, therapy, or clinical setups.

Attractive Ownership Structure: Fully sold office condo building with ~170 units, professional on-site management, low assessments, and a stable base of healthcare and professional tenants.