Water Views - Eco Friendly
Address
111 N Wabash Avenue # 2022 Chicago, IL
Price
$ 165,000
Property Attributes
  • MLS#11217661
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Loop
  • NeighborhoodThe Loop
  • Zip60602
  • Style
  • Year Built1922
  • Taxes$ 5561
  • Price$ 165,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage344000
Listing Provided Courtesy Of:
Compass
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

Fantastic Lake View Dental Office For Sale Conveniently Located 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 currently leased until December 2021. Tenant would like to stay but will leave that up to new owner. Great opportunity to open your own Dental/Medical Office that is already built out! Four commercial condominium units are available for purchase. Units are also contiguous and offer commanding views of Millennium Park and Lake Michigan. 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. Other units available are: Unit 1914 (Leased until Feb, 2022, Unit 1730 is vacant and has Lake View, and Unit 1222 is vacant and has Lake View. Photos are of the vacant units #1222 and #1730. Photo of this unit is only the reception area. Buy all four and use one and have other three for investment or purchase individually! Floor Plan Available! Seller also offering a $5000 decorating credit for each unit!

Price History
9/13/2021 Listed $165,000

General Features

Additional Parcels Y/N No
City Chicago
Cooling Central Air
County Cook
Days on Market 22
Directions Northeast corner near Wabash and Washington.
Electric Circuit Breakers
Grossincome 3798
Leasable Area 1157
Lease Type Modified Gross
Lot Size Square Feet 15648
MLS Area CHI - Loop
Net Operating Income 7728
Operatingexpense 7728
Property Type Office/Tech
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 22
Street Name Wabash
Tax Annual Amount 5561.66
Tax Year 2019
Tenant Pays Common Area Maintenance, Electricity, Taxes, Insurance
Unit Number 2022
Virtual Tour https://tours.vht.com/CMPSCHI/T434178897/nobranding
Year Built 1922

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 344000
Frontage Type City Street
Lot Dimensions 96X163

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60602

Price
AVG $240K
$170K
Taxes
AVG $13,168
$5,561
Visits
AVG 78
8
Year Built
AVG 1920
1922
Walkscore
AVG 99
99
Data Provided by Walkscore ® not using MLS data

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