111 N Wabash Ave | Chicago, IL 60602
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111 N Wabash Ave
Chicago, IL 60602
Office For Sale · Office Property For Sale · 259,000 SF
PROPERTY FACTS
| Price | Not Individually For Sale | Building Class | C |
| Building Size | 259,000 SF | Lot Size | 0.36 AC |
| Property Type | Office | Parking Ratio | 0/1,000 SF |
| Property Subtype | Medical |
| Price | Not Individually For Sale |
| Building Size | 259,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | C |
| Lot Size | 0.36 AC |
| Parking Ratio | 0/1,000 SF |
Executive Summary
The Garland Building, built in 1914, is a premier office building in the heart of the Millennium Park Neighborhood within Chicago's Loop (CBD). Historically, the building has enjoyed extremely high occupancy rates with stable long-term tenants like doctors, medical professionals, lawyers, non-profits and financial firms. In 2005, the developer identified The Garland Building as an ideal candidate for a condominium conversion because of its physical attributes, tenancy, and location. After a short entitlement period, the building was subdivided and brought to the market as one of the first office condominium projects in downtown Chicago.
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