Solid investment opportunity to purchase a bundle of 4 deeded garage parking spaces in the heart of the loop! Ideal, low maintenance passive income yielding 6%+. 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 262, 264, 288 and 292 located on the 7th floor of 235 W Van Buren. The going rental rates are approx $250/month per space. 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!
Property Details
Price:
$60,000
MLS #:
MRD12636423
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chiloop
Listed Date:
May 2, 2026
Year Built:
2009
Schools
Interior
Exterior
Parking Spots
4
Parking Total
4
Financial
HOA Fee
$78
Tax Year
2024
Taxes
$964
Listing Agent & Office
Lee Cherney
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Copyright 2026. All rights reserved.
235 W Van Buren Street #262-264-288-292
Chicago, IL


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