2 views

The Garland Building

50 E Washington St / 111 N Wabash Ave, Chicago, IL 60602
Available Now
Undisclosed
2 views
FOR SALEOffice / Traditional
Building Size
13,315SF
Ceiling Height / Slab to Slab
12 Ft
Lot Size
16000SF
Zoning
DX-16
Tenancy
Single Tenant
Currently Leased
No
Listing Contacts
Vice President
View OM
AI Property Insights
Distilled from listing data, documents and public records · 30-second read

Entire 3rd floor office condo at The Garland Building in downtown Chicago, priced upon request. This lender-owned asset spans approximately 13,315 RSF and comes fully furnished with existing furniture, computer monitors, and phones throughout. The space is ready to occupy and currently carries no property taxes due to its prior ownership by a nonprofit entity.

The floor plan accommodates 28 private offices (17 on the window line with views of Millennium Park and Lake Michigan, plus 11 interior offices), 5 workstations, and a formal reception area with seating for 18. Additional spaces include a large conference hall, kitchen and employee lounge with lockers, dedicated IT room, storage rooms, and dual restrooms plus two private stalls. Ceiling height is 9 feet with a 2'x2' contemporary grid and contemporary light fixtures; floor-to-slab height is 11'11". Secure elevator access operates via smartphone app.

The Garland Building offers 24-hour door staff and security, professional on-site management, valet parking, and full sprinkler protection. The building houses a new café, Staples, and Subway. Located at the corner of North Wabash Avenue and East Washington Street in the Loop, the property sits one block from Millennium Park and Michigan Avenue, directly across from the CTA "El" station (Washington/Wabash), and one block from Metra's Millennium Station. Abundant parking is available at Grant Park North Garage and the Wabash-Randolph Garage, with pedway access across the street. The location is positioned between Macy's and the Chicago Cultural Center. Zoning is DX-16 (34th Ward, Alderman Bill Conway).

The immediate trade area supports a daytime population of approximately 229,600 within a half-mile, with a median household income of $142,024 and median home value of $539,706. Within one mile, daytime population reaches 541,000 with a median household income of $130,468.

Why it works
  • Entire 3rd floor, fully furnished office condo with no property taxes
  • 28 private offices with 17 on the window line, views of Millennium Park and Lake Michigan
  • Prime Loop location one block from Millennium Park, across from CTA "El" station
  • Ready to occupy; lender-owned asset
  • 24-hour security, valet parking, professional management, on-site café and retail
AI-generated. Verify figures, lease terms & zoning before relying on them.

More property details

Sale Type
Traditional Sale
Property Status
Ready To Use
Net Rentable
13,315SF
Typical Floor Size
13,315SF
Building FAR
259000
Property Class
A
No of Buildings
1
No of Stories
22
APN
17-10-309-016-1006, 17-10-309-016-1007, 17-10-309-016-1008

Features & amenities

Unit Amenities
24 Hour Access
Conference rooms
Kitchen
Restrooms
Storage Facilities
Site Amenities
Elevator
Loading Docks
Valet Parking
Security Guards/Doormen
Building Features
Fully sprinklered
Professional on-site management
New Café
Staples
Subway in building
Location Amenities
Airport
Commuter Rail
Metro/Subway
Public Transportation
Restaurants
Coffee shops

Location

Loading map…
The Garland Building
About the location

Offering:
• Office Condo for Sale (Lender Owned)
• ±13,315 sq. ft. on the entire 3rd floor
• Pins: 17-10-309-016-1006, -1007, -1008
o Currently no property taxes (condo previously owned by tax-exempt entity)
• Asking Price: Subject to Offer

Address:
The Garland Building
111 N Wabash Ave / 50 E Washington St (entrance/lobby)
3rd Floor
Chicago, IL 60602

Space Specifications:
• Entire 3rd Floor
• Fully Furnished Suite (including Computer Monitors and Phones)
• ±13,315 sq. ft.
o 28 Private Offices (17 on Window Line and 11 Interior Offices)
o 5 Workstations
o Formal Reception and Waiting Area with Seating for 18
o Large Conference Hall / Group Meeting Area
o Kitchen & Employee Lounge Area w/ Lockers
o Dedicated IT Room and Storage Rooms
o Men's and Women's Restrooms + 2 Additional Private Stalls
• 9’0” dropped ceiling height (11’11” floor-to-slab height)
o 2’x’2’ ceiling grid with contemporary light fixtures
• Secure elevator access with smartphone app
• Views of Millennium Park and Lake Michigan

Building Overview:
• Valet parking
• 24-hour door staff and security
• Professional on-site management
• Fully sprinklered
• New Café, Staples, and Subway in the building
• Loading Dock & Feight Elevator
• DX-16 Zoning (Ald. Bill Conway)

Location Overview:
• Millennium Park/Michigan Ave is one block away
• CTA “El” Station Entrance (Washington/Wabash) across the street
• Metra’s Millennium Station is one block away
• Abundant parking at the Grant Park North Garage and the Wabash-Randolph Garage
• Pedway Access across the street
• Located between Macy’s and the Chicago Cultural Center

Location highlights
  • Lender Owned. Currently no property taxes (condo previously owned by tax-exempt entity).

Documents

PDF
111-n-wabash-3rd-floor-condo-om.pdf
2.05 MB · Listing document
FILE
111 N Wabash - 3rd Floor Condo - OM.pdf
2.05 MB · Listing document
FILE
111 N Wabash - 3rd Floor Condo - OM.pdf
2.05 MB · Listing document

Additional details

Property Description

Office condo for sale - entire 3rd floor of The Garland Building. Lender-owned property with existing furniture throughout. Located in prime downtown Chicago Loop location with excellent transit access and proximity to Millennium Park.

Building Amenities
  • 24-hour door staff and security
  • Professional on-site management
  • Fully sprinklered
  • New Café, Staples, and Subway in building
  • Loading Dock & Freight Elevator
  • Valet parking
Square Footage Note

Square footage estimated by taking the adjusted ownership percentage of 5.1409% (as per the condo declaration) multiplied by 259,000 RBA

Demographics Available
Yes
Ward
34th Ward - Ald. Bill Conway
Entrance Location
Floors 2 thru 5 accessed from 50 E Washington St entrance/lobby
Legal Disclaimer

The information provided herein was obtained from sources believed reliable; however, Transwestern makes no guarantees, warranties or representations as to the completeness of accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior to sale or lease, or withdrawal without notice. Copyright © 2026 Transwestern.

Photo Gallery Included
Yes
Floor Plan Details
Private Offices
28
Window Line Offices
17
Interior Offices
11
Workstations
5
Reception Seating
18
Conference Hall
Large conference hall/group meeting area
Kitchen Lounge
Kitchen & employee lounge area with lockers
Special Rooms
Dedicated IT roomStorage roomsMen's and women's restrooms2 additional private stalls
Ceiling Height Details
Dropped Ceiling
9'0"
Floor To Slab
11'11"
Demographics > 0 5 Miles
Population 2025
19,970
Daytime Population 2025
229,603
Median Household Income 2025
142,024
Median Home Value 2025
539,706
Demographics > 1 Mile
Population 2025
99,026
Daytime Population 2025
540,987
Median Household Income 2025
130,468
Median Home Value 2025
490,654
Demographics > 3 Miles
Population 2025
357,018
Daytime Population 2025
863,151
Median Household Income 2025
121,915
Median Home Value 2025
531,721
The Garland Building
13,315 SF · office · Chicago · IL
View OM