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    1101 S State St, Unit P19 Chicago, IL 60605

    For Sale
    $36,000

    Tandem parking space available in a heated South Loop garage.

    Property Features for 1101 S State St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2003

    Source: BAIRD & WARNER Agent JUSTIN MAKCO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Heated Garage Tandem Parking Space

    A tandem parking space is available for purchase on the second floor of a heated garage located in the South Loop. The parking space is situated within State Place Tower, but residency at the tower is not a requirement for purchase or rental.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LAZ Parking Parking Garage State Place Tower Condominium Complex State Place Condos Real Estate Agency

    Suggested Use

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

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

    Similar Places Nearby

    Tool & Truck Rental Center at The Home Depot, Boss Rentalz, BLG rentals and transportation services, SIXT Rent a Car Chicago South Loop, Penske Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6270268
    Latitude
    41.8691368

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    FAQs

    What type of property is this?
    Parking lot & garage - Tandem parking space available in a heated South Loop garage.
    Where is this parking lot & garage located?
    The property is located at 1101 S State St, Unit P19 Chicago, IL.
    What is the asking price?
    The asking price for this property is $36,000.
    What are key features of this property?
    This property features: - Heated garage parking available in the South Loop.; - This tandem parking space is located on the 2nd floor.; - The garage is conveniently situated in State Place Tower.
    Request Owner's contact information
    1101 S State St, Unit P19 Chicago, IL 60605
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    Chicago, IL 60605
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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
    1101 S State St, Unit P19 Chicago, IL 60605
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