Chicago IL Commercial for Sale
$4,840,000
175 W Washington Street Chicago, IL 60602
- Type:
- Office
- Sq.Ft.:
- 26,232
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1933
- Baths:
- MLS#:
- 12138370
View additional info
Courtesy: Real Broker LLC
217-960-8605
ADDITIONAL INFORMATION
Welcome to 175 W. Washington St in the heart of Chicago's Central Loop district. This three-story building has approx 22,820 sf. of office and retail space with an average of 7500 sf on the first two floors, a mezzanine area of 5200 sf, and 2450 sf on the third floor. Desirable investment due to it's attractive location and it's "Orange-tag" designation by the Chicago Landmarks Association. Prime location near City Hall, El and Metra stations, restaurants, and so much more.
- Type:
- Condo
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12115026
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Condo
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12115021
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Condo
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12115007
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Office
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 12115002
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Condo
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 12114997
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Office
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 12114964
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
The Spectacular Garland Building in the Heart of the Business District! The office condos at 111 N Wabash offer an office, medical, dental or therapy user an exceptional lease or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago at 111 N. Wabash. These spaces are available for lease and represent a perfect opportunity for medical professionals, creative office, attorneys, non-profits and financial firms. The property is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. (Will sell all 6 units for a discount price at $60 square foot package price - unit numbers total are: 1205, 1212, 1403, 1902,1911 and 2101) Inquire within.
- Type:
- Condo
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 12072623
View additional info
Courtesy: Keller Williams ONEChicago
312-216-2422
ADDITIONAL INFORMATION
Located in the heart of the Millennium Park Neighborhood in downtown Chicago, this high floor 335 SF office suite in the historic Garland Building offers a prime business address with excellent amenities. The unit, situated just off the 13th-floor elevators, features a waiting area, closet, sink room, and private office, all with great light exposure and stunning lake views. The secure building provides 24-hour door staff and security, valet parking, a loading dock, and is professionally managed on-site. Conveniently close to locked restrooms, the building also offers easy access to multiple CTA bus and elevated train lines at the main entrance on the corner of Washington Blvd. and Wabash Ave. Steps from the Magnificent Mile, Millennium Park, shopping, restaurants, and cafes, this office space is ideal for various office uses. Don't miss the opportunity to establish your business in one of Chicago's most prestigious and desirable high-rise buildings.
- Type:
- Condo
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 12056119
View additional info
Courtesy: Sue D. Johnson
312-502-0924
ADDITIONAL INFORMATION
EXCEPTIONAL LOCATION FOR AN OFFICE SUITE IN THE HISTORIC GARLAND BUILDING IN THE HEART OF MILLENNIUM PARK NEIGHBORHOOD CURRENTLY USED AND FULLY EQUIPPED AS A MEDICAL OFFICE. PERFECT PROFESSIONAL LOCATION FOR AN ARRAY OF BUSINESS USES INCLUDING MEDICAL, DENTAL, CONSULT, LEGAL, INSURANCE, CREATIVE OFFICE, ATTORNEYS, ETC. THIS CONDO OFFERS 3 TREATMENT ROOMS OR OFFICES, ONE RESTROOM, ONE PROCEDURE ROOM, LOBBY, RECEPTION DESK, KITCHENETTE, STORAGE CLOSET, TWO ENTRANCES, RIGHT OFF THE ELEVATOR, SECURE BUILDING, 24 HR DOOR STAFF. VALET PARK AVAIL, LOADING DOCK. MONTHLY ASSESSMENTS OF $1,900 A MONTH INCLUDE JANITORIAL SERVICES 5 DAYS PER WEEK, SECURITY, SHARED CONFERENCE ROOM, SLIGHT MAINTENANCE.
- Type:
- Office
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12049736
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
BEST LAKE AND CITY VIEWS... Move right into this amazing suite in the Garland completely furnished and ready to expand or start your business. Previously a Therapist office and includes a waiting room, Therapist office, private office, sink and 2 private entrances. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low Assessments and Taxes. (Also, just listed For Sale is Suite 1220 next door... fully furnished Dental office with waiting room, private bathroom, exam room with 3 dental chairs, 2 private offices and work room with Lake and City Views... a great investments to purchase both!)
- Type:
- Other
- Sq.Ft.:
- 344,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 12049717
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
BEST LAKE AND CITY VIEWS... Calling all Dentists... Move right into this amazing suite in the Garland Building in downtown Chicago in Prime Locale! Completely furnished and ready to operate with all equipment included! Waiting room, private bathroom, private offices, work room and 3 dental chairs included in this amazing "rare to find" suite. This is absolutley a fantastic opportunity to expand or start your business in one of the best locations in downtown Chicago! The historic and iconic Garland Building is situated at the corner of Wabash Avenue and Washington Street in the heart of the Loop adjacent to the Wabash CTA elevated rail station, steps from Chicago's Magnificent Mile and Millennium Park. Management company and owner on site. Monthly assessments include janitorial services five days per week, security, shared conference room, maintenance and cleaning of washrooms. Low taxes and assessments! (Unit 1221 next door with Lake and City views... fully furnished Therapist office with 2 entrances, sink, waiting room, Therapist room and private office. $125,000... A great investment to purchase both... inquire within!)
- Type:
- Office
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 12036394
View additional info
Courtesy: Compass
630-974-6750
ADDITIONAL INFORMATION
Unlock unparalleled business potential with this exclusive owner-user opportunity nestled within the iconic Garland Building in vibrant downtown Chicago. Located at 111 N. Wabash, this commercial condominium unit is primed for sale or lease, offering a versatile canvas for various enterprises. Whether you're a medical professional, a creative powerhouse, a legal eagle, a non-profit trailblazer, or a financial wizard, this space caters to your unique needs. Spanning approximately 2,800 square feet on the prestigious sixteenth floor, this property boasts a strategic position at the nexus of Wabash Avenue and Washington Street, anchoring the bustling heart of the Loop. Seamlessly connected to the pulse of the city, it sits adjacent to the Wabash CTA elevated rail station, mere steps away from Chicago's renowned Magnificent Mile and the cultural haven of Millennium Park. Elevate your business to new heights by seizing this prime commercial condo opportunity. Take command of your occupancy costs and unlock the potential for unparalleled growth and success. Embrace the future of your enterprise with the perfect blend of location, prestige, and functionality.
- Type:
- Office
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 11955198
View additional info
Courtesy: Coldwell Banker Real Estate Group
630-232-6900
ADDITIONAL INFORMATION
Don't miss this 100% leased investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 3 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 7.27% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established dentistry professionals with significant lease term remaining. One of the tenants has a lease in place until 2033 and the other is in place until 2028. Both leases feature options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955091 for Units 1114-1116 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
- Type:
- Office
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1922
- Baths:
- MLS#:
- 11955091
View additional info
Courtesy: Coldwell Banker Real Estate Group
630-232-6900
ADDITIONAL INFORMATION
Don't miss this investment opportunity in the iconic and historic Garland building. This is a great 1031 exchange opportunity. The portfolio consists of 2 units that are diversified under 2 separate leases/tenants. This is an armchair investment with maintenance taken care of by the HOA and by the tenants. The portfolio is positioned to trade at a 6.73% cap rate at the list price. With predetermined rent escalations built into the leases the return will increase over time. The tenants are well established medical businesses with significant lease term remaining. One of the tenants is a credit tenant with a lease in place until 2034 and options to extend. This is a premier location in the heart of Chicago's Loop. Close to everything including Michigan Avenue, restaurants, retail, Millenium Park and the lakefront. There is valet parking available for a fee. Call for a copy of the rent roll. See MLS #11955198 for Units 810, 2102, 2103 or MLS #11954596 for Units 810, 2102, 2103, 1114 and 1116 combined.
- Type:
- Office
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1917
- Baths:
- MLS#:
- 11906568
View additional info
Courtesy: Coldwell Banker Realty
312-266-7000
ADDITIONAL INFORMATION
Choice office space available in the popular Garland Building. High floor unit. Perfect professional location for an array of business uses. Great light/exposure and in-unit plumbing is a great bonus. Currently configured with a waiting area just outside the main office area, but custom configuration is possible if you choose. Building has 24hr door staff/security, onsite convenience store, plentiful elevator access, recent remodel of interior corridors and bathrooms, valet parking, onside management and engineers. Access to conference room/business center and daily cleaning of unit is included in monthly assessment. Multiple CTA lines right at main entrance on corner of Washington & Wabash. Take advantage of all the heart of Chicago has to offer!
- Type:
- Office
- Sq.Ft.:
- 259,000
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1914
- Baths:
- MLS#:
- 11891315
View additional info
Courtesy: Millennium Properties RE, Inc.
312-338-3000
ADDITIONAL INFORMATION
A 12,386 square foot turn-key condominium situated on the northeast corner of Wabash Avenue and Washington Street in the Jewelers Row District. Located on the third floor, the suite is built-out with high-end finishes and benefits from incredible unobstructed views of Lake Michigan, Millennium Park, and the city. The unit has been improved with numerous offices, conference rooms, a kitchen and is in move-in condition. Because the space can be easily sub-divided, this is the perfect opportunity for a user or investor. There is also the potential for SBA financing which offers low interest rates and favorable terms. The unit is part of the historic 21-story Garland Building, which was constructed in 1914 and contains 259,000 square feet of commercial space and has approximately 170 units. The property continues to sustain high occupancy levels with stable long-term tenants from the medical, dental, financial, legal and non-profits sectors. On-site valet parking is available. The East Loop submarket is a highly desirable location due to its proximity to government buildings, restaurants, shopping, entertainment and other amenities. Specifically, this high visibility location is just a few blocks away from Millennium Park and has easy access to public transportation, parking and expressways. This busy corridor benefits from the high traffic and foot counts.
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Chicago Real Estate
The median home value in Chicago, IL is $223,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago, IL is $223,000. Approximately 38.87% of Chicago homes are owned, compared to 48.34% rented, while 12.79% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60602 has a population of 2,722,586. Chicago 60602 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois 60602 is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago 60602 is 34.1 years.
Chicago Weather
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.