111 Wabash AveChicago, IL 60602

This exceptional investment opportunity presents a portfolio of five office units totaling 9,040 square feet within the prestigious Garland Building at 111 N Wabash Avenue, Chicago, IL 60602. Located in the heart of Chicago's Loop, this property offers unparalleled convenience, with proximity to Michigan Avenue, Millennium Park, the lakefront, and a wealth of dining and retail options. The building, constructed in 1922, is a 22-story structure with a COMM zoning designation. The portfolio is currently leased to well-established medical businesses, providing a diversified tenant base under four separate leases. One major tenant holds a lease extending to 2034 with options to renew, offering significant long-term stability. The asking price is $3,500,000, representing a 6.73 cap rate. Predetermined rent escalations are built into the leases, ensuring future return increases. The property benefits from professional HOA management and tenant responsibility for maintenance, creating a low-maintenance investment. Valet parking is available at an additional cost. This is an ideal 1031 exchange opportunity. Detailed financial information, including a rent roll, is available upon request. The property is zoned for commercial use.