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Premium Deeded Parking Spot
For Sale
$30,000

111 E Chestnut Street #P5B-9, Chicago, IL 60611

Reserved parking spot in a secure, heated garage.

Property SizeContact for details
Days on Market163

Property Features for 111 E Chestnut Street #P5B-9

General Information

Standard status Active
Property subtype Unimproved Land

Building Details

Year Built 1972
Listing Agency: Baird & Warner
Listed By: Kenneth James
Source: Kw
Added: Mar 31 Changed: Sep 8 Last Checked: Jul 16 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner

Investment Insights

Based on property information with market context.

This is a premium reserved deeded parking spot located on the 6th floor of a secure, covered, and heated garage. The parking spot is conveniently situated close to the elevator. The spot is positioned against a wall, eliminating the need for turning, and has no car on the driver's side, allowing for hassle-free entry. The garage has been recently painted and features new bright LED lighting. Owners are not required to live in the building, making it investor-friendly with the option for monthly rentals. The location is next to Michigan Ave, steps away from dining, shopping, the beach, and other attractions in the Gold Coast area.

Key Highlights

  • Premium reserved deeded parking spot on the 6th floor.
  • Hassle‑free access: drive straight into the spot against the wall (no turning).
  • Spot is conveniently located close to the elevator.

Property Analytics

Current Use

Mc Kesson Corporation Factory Jayne Jaskolski, Ph.D., ... Physician My Shopping Genie (Bike/Boat/Book/etc) Store Gold Coast Galleria ... Real Estate Agency Osteria del Pastaio Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Auto Parts Store Tattoo & Piercing Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

24,043
Businesses Nearby
576k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Apparel 27% Hotels & Casinos 6% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.5 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.4 miles
McDonald's Dining
52,443 visits/mo 0.1 miles
Fogo de Chao Dining
28,749 visits/mo 0.4 miles

Demographics for 60611, IL

38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Reserved parking spot in a secure, heated garage.
Where is this parking lot & garage located?
The property is located at 111 E Chestnut Street #P5B-9 Chicago, IL.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Premium reserved deeded parking spot on the 6th floor.; Hassle‑free access: drive straight into the spot against the wall (no turning).; Spot is conveniently located close to the elevator.
More about this property
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