Prime garage parking space located in Museum Park's 1841 S. Calumet! *Note, only residents/owners of 1841 and 1901 S. Calumet can purchase parking spaces within these buildings.*
Unique opportunity to acquire land owned by the City of Chicago. This property offers significant potential for development, investment, or bringing your vision to life. Conveniently located with ample space to accommodate a range of possibilities. A rare find-don't miss out!
OUTDOOR PARKING
We are thrilled to present an unparalleled investment opportunity in Chicago's vibrant South Loop. This expansive 21,300 sq. ft. corner lot, with an impressive 163' frontage on State Street, is situated in the highly sought-after Douglas neighborhood. Just moments from McCormick Place, IIT College, and downtown Chicago, and with immediate access to I-55, I-94, and Lake Shore Drive, the location is prime for development. Although the Douglas area has seen limited residential development, this plot provides a rare chance to introduce luxury yet affordable residential units in close proximity to the Loop. Envision the potential: 60 upscale apartments at $2,000 per month could generate a remarkable $120,000 in monthly revenue. With the average cap rate for the 60616 zip code at 7.68%, this translates to a potential valuation upside of $18,750,000. The strategic location, coupled with the burgeoning development of new housing and commercial units nearby, makes this an irresistible prospect for discerning investors. Seize the opportunity to transform this prime parcel into a lucrative development in one of Chicago's most dynamic neighborhoods.
DEEDED OUTDOOR PARKING-SECURE, GATED LOT-SINGLE RESERVED PARKING SPACE G28. Space G29 also available
LOCATION!! 3 LOTS TOGETHER. !! LOCATION!! Zoned B1-3!! 3 vacant lots available in the heart of Chinatown. Total 75x125 is zoned for a mix-used storefront and Condo/apartments (please verify it with the city of Chicago). Great location within Chinatown. Next to thousand of cars travel 90/94 plus 55, downtown, and all major highways. The Chicago White Sox Guaranteed Rate Field is less than one mile and few minutes away.
Seller has relocated and now this rarely available lot has come to the market. This 2304sqft buildable Lot is located in The Gap Historic District of Bronzeville. 48X48 Lot located near the 48-acre mega-development site of the former Michael Reese Hospital, 31st street Harbor, Lake Shore Drive and minutes from Downtown Chicago.
Parking spot for sale
The median home value in Chicago, IL is $284,100. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Chicago, IL is $284,100. Approximately 40.54% of Chicago homes are owned, compared to 48.29% rented, while 11.17% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60616 has a population of 2,742,119. Chicago 60616 is less family-centric than the surrounding county with 24.86% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois 60616 is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago 60616 is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.