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111 N Wabash Ave

The Loop, Chicago, IL
Sale:
Floor 2
11,000
sqft
Sep 26
ago
$3,500,000
Office Medical
Posted: Sep 26, 2017
Rate: $3,500,000.00
Min Size: 8,000 sqft
Offices: 27
Conference Rooms: 2
Restrooms: 3
Kitchen
Furniture
Reception
High Ceilings
Natural Light
Additional Storage

Amazing fully equipped MEDICAL OFFICE CONDO. Located in prestigious Garland building and Jewelers Row District. 7 office rooms, 18 Exam rooms with water, 3 large procedure room, two washrooms, prep area, waiting/reception and consultation/office room. Extras include storage closet, secondary exit. Excellent location and immediately off the elevator. SECURE BUILDING, 24 HR DOOR STAFF. VALET PARK AVAIL, LOADING DOCK, STABLE MEDICAL TENANCY. STATE & WABASH CORRIDOR.

Sale: Unit 103
Floor 1
1,390
sqft
Sep 26
ago
$1,600,000
Retail
Posted: Sep 26, 2017
Rate: $1,600,000.00
SaleExpires: Feb 2024
Term Length: 10 years
Terms: Absolute Gross
Offices: 0
Conference Rooms: 0
Restrooms: 2
Kitchen
Storefront

e are pleased to present qualified investors with the opportunity to acquire a trophy single tenant, triple net-leased Freshii located in the heart of Chicago' s Loop. The property benefits from an exceptional location. The property is ideally situated in the epicenter of Chicago' s cultural, recreational and hospitality attractions -one block from Millennium Park; three blocks from The Art Institute of Chicago; and it is across from the Pittsfield Hotel. The area is one of the most foot traffic in Chicago. + Location well-positioned at intersection of Wabash & Washington with very strong daytime population and pedestrian traffic. + Size: 1,390 SF + Lease: 10 Year Primary Term + Lease Executed: 2/12/2014 + Asking Price: $1,600,000 (cap rate: 5.34%) + 6.5% annual increases after primary term + 2017 NOI: $85,485

Features of 111 N Wabash Ave

Floors
21
Total Size
259,000 sqft
Lot Size
15,682 sqft
Elevators
1
Zoning
B6-7, Chicago
Year Constructed
1914
Year Renovated
1993
Building Class
B
LEED Certification
Number of Buildings
1
Close Public Transit
CTA, L
Close To
Millennium Park
ADA Accessible
On Site Security

Additional Features of 111 N Wabash Ave

  • Conferencing facility

Companies at 111 N Wabash Ave

The Walnut Room Restaurant Food
Levenger Store
Heaven on Seven Bar Restaurant Food
Advanced Medical Imaging Center Dentist Health
Staples Furniture Store Electronics Store General Contractor Home Goods Store Store
Dane Shepherd & Associates Doctor Health

Internet Providers for 111 N Wabash Ave

Provider Technology Max Download Speed Max Upload Speed
10 Gb/s: RCN and RCN Business Solutions Fiber
10 Gb/s
10 Gb/s
10 Gb/s: Zayo Broadband Fiber
10 Gb/s
10 Gb/s
1 Gb/s: Comcast Cable
1 Gb/s
1 Gb/s
50 Mb/s: MegaPath Corporation DSL
50 Mb/s
50 Mb/s
1.5 Mb/s: AT&T Illinois DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: The Loop

The Loop
Median Rate
$37
/sqft/yr
Chicagoland
Median Rate
$24
/sqft/yr

Median Rate over Time in The Loop

[chart]