Solid investment opportunity to purchase a bundle of 4 deeded garage parking spaces in the heart of the loop! Ideal, low maintenance passive income. These have been easy to rent out over the years with no vacancy. Available to both residents of the condo building and outside renters. Parking spaces are P-27, P-31, P-293 and P-344. All spaces are currently rented with several long term, corporate renters and lease prices range from $199 to $239. The going rental rates are approximately $225-$275/month per space depending on the floor. Enjoy 24-hour door staff and a controlled, secure entrance. Ideal for Loop commuters or investors seeking premium downtown parking. Easy, armchair investment: you don't have to worry about any maintenance or upkeep - just sit back and collect the rent!
| MLS # | 12708523 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $78 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2009 |
| Days On Site | 41 |
| Listing Provided By | Compass | Lee Cherney |
| Acreage | 0.00 |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 963.69 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60607 |
| Area | CHI Loop |
| Listing VS Median (in 60607) | |
Price: $75,000 low | high Med: $389,900 On site: 41 low | high Med: 65 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60607 |
| Area | CHI Loop |
| Listing VS Median (in 60607) | |
Price: $75,000 low | high Med: $389,900 On site: 41 low | high Med: 65 | |