Views - Eco Friendly
Address
111 N Wabash Avenue # 2120 Chicago, IL
Price
$ 150,000
Property Attributes
  • MLS#10909949
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Loop
  • NeighborhoodThe Loop
  • Zip60602
  • Style
  • Year Built1922
  • Taxes$ 5790
  • Price$ 150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage341000
Listing Provided Courtesy Of:
SRFG, Inc
Data Source:
Midwest Real Estate Data LLC
Property Description

PLEASE NOTE: THIS UNIT HAS BEEN LEASED THROUGH 11/30/23. We are pleased to present an exceptional, cash-flowing investment (11% cap rate) or owner-user opportunity conveniently located in The Historic Garland Building in downtown Chicago. At 111 N. Wabash, five commercial condominium units (three occupied) have become available for purchase; two also for lease. Unit #s: 1420 & 1422 are contiguous and have leases in-place through 7/31/21 & 3/31/25 respectively. Unit #s: 2119, 2120 & 2122 are also contiguous and offer commanding views of Millennium Park and Lake Michigan. 2119 is available for lease, 2122 is leased through 4/30/21 and 2120 is leased through 11/30/23. 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 costs for every business. The units are available individually or in-bulk. The price for all 5 is $680,000. Individually, the price are: Unit # 1420 is $105,000, #1422 is $130,000, #2119 is $125,000, #2120 is $150,000 and #2122 is $170,000.Units #2119 & 2120 are available for lease at $ 2,497 and $2,924 per month respectively.

Price History
10/17/2020 Listed $150,000

General Features

Cooling Window Unit(s)
Electric Circuit Breakers, 201-600 Amps
Property Type Office/Tech
Property Type Commercial Sale
Standard Status Active
Stories 21
Tax Annual Amount 5790
Township Lake
Zoning OFFIC

Exterior Features

Building Area Total 341000
Exterior Brick, Glass, Stone
Lot Dimensions 133 X 122
Lot Size Square Feet 16226

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

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 $190K
$150K
Taxes
AVG $10,940
$5,790
Visits
AVG 84
106
Year Built
AVG 1919
1922
Walkscore
AVG 99
99
Data Provided by Walkscore ® not using MLS data

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