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    1600 S Indiana Ave Chicago, IL 60616

    Picture of Parking lots & garages at S Indiana Ave 1600, Chicago, IL
    For Sale
    Contact for pricing

    Land - Chicago, IL

    Days on Market:
    153
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1600 S Indiana Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    17223021071227
    Parking
    1

    Taxes and HOA fees

    Expense value
    73
    Expense
    Home Owner Assessments Fee

    Building Details

    Year built
    2007
    Architectural style
    Other

    Century 21 S.G.R. Inc (312) 326-2121 [email protected]

    Listing agent Nitirut Chumsangsri (312) 326-2121 License #475125987

    Listing date Jul 7, 2025

    MLS# 12412477 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Deeded Parking Space For Sale

    A deeded parking space, identified as #P-84, is available for purchase. It is located on the 3rd floor of the garage at 1600 S Indiana Avenue in Chicago, Illinois. This parking space offers a convenient and private parking solution for residents of the building. It also presents an opportunity to acquire a second or third parking space, providing additional flexibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Happy Cleaners Dry Cleaner Volcano Transport Inc Transportation Service Catstle Pet Boarding Service Chicago Precision CNC Machine Shop Anthony Kelley Chiropractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Avis Car Rental, Budget Car Rental, Budget Truck Rental, A&B Transportation, Hertz Car Rental - Chicago - Mccormick Place HLE

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.622861
    Latitude
    41.8599804

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    FAQs

    What type of property is this?
    Parking lot & garage - Deeded parking space available in a Chicago garage.
    Where is this parking lot & garage located?
    The property is located at 1600 S Indiana Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: - Deeded parking space in a convenient location on the building's 3rd floor garage.; - Provides a private parking spot.; - Opportunity to secure parking for residents of 1600 S Indiana.
    (312) 326-2121
    Request Owner's contact information
    1600 S Indiana Ave Chicago, IL 60616
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    Chicago, IL 60616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 S Indiana Ave Chicago, IL 60616
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