





Description
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 & 2120 are available for lease and 2122 is leased through 4/30/21. 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.
Similar Listings
$265,000
1
1
771 Sq ft
MLS# MRD10979445

Courtesy of: Compass
$125,000
2
2
MLS# MRD10979446

Courtesy of: Executive Realty Group LLC
$220,500
3
2
1,176 Sq ft
MLS# MRD10968499

Courtesy of: Keller Williams North Shore West
$259,000
3
1
1,216 Sq ft
MLS# MRD10979437

Courtesy of: I Know the Neighborhood LLC
$239,000
4
3
1,850 Sq ft
MLS# MRD10979436

Courtesy of: Coldwell Banker Realty
$125,000
4
1
1,374 Sq ft
MLS# MRD10979441

Courtesy of: Premier Midwest Realty, INC
$129,900
3
2
1,312 Sq ft
MLS# MRD10979434

Courtesy of: eXp Realty
$215,000
3
3
1,450 Sq ft
MLS# MRD10979435

Courtesy of: North Shore Prestige Realty
$1,050
1
500 Sq ft
MLS# MRD10979426

Courtesy of: Coldwell Banker Realty
$995
1
500 Sq ft
MLS# MRD10979428

Courtesy of: Coldwell Banker Realty
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.

Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2020. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf