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    111 E Chestnut St Chicago, IL 60611

    Under Contract
    For Sale
    $44,625

    Land - Chicago, IL

    Days on Market:
    27
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 111 E Chestnut St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    17032250791010
    Parking
    1

    Taxes and HOA fees

    Expense value
    135
    Expense
    Home Owner Assessments Fee

    Building Details

    Year built
    1969
    Architectural style
    Other

    Pearson Group LLC (773) 325-2800 [email protected]

    Listing agent Elaine Ramirez (773) 325-2800 License #475197241

    Listing date Nov 10, 2025

    MLS# 12497353 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 Near Magnificent Mile

    This first-floor deeded garage parking space offers convenient in and out access within a secure garage. Key fob access ensures peace of mind. Ownership is available even for non-residents of the building. The location provides access to the Magnificent Mile, Water Tower, and various Chicago attractions and restaurants. Commuting is facilitated by proximity to Lake Shore Drive and the Red Line, offering travel in and out of the city. The property is located at 111 E Chestnut Street, Chicago, IL 60611. The property is also available for monthly rental with a minimum term of 6 months.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mc Kesson Corporation Pharmaceutical Company Jayne Jaskolski, Ph.D., ... Speech Pathologist My Shopping Genie Software Company Gold Coast Galleria ... Apartment Rental Agency Osteria del Pastaio Italian Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm 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

    Car & VAN Rental Chicago, Movepak.com, Windy City EV, Windy City Coasting, Hertz Car Rental - Chicago - Hyatt Regency HLE

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6252181
    Latitude
    41.8979749

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    FAQs

    What type of property is this?
    Parking lot & garage - First-floor deeded garage parking near Magnificent Mile and public transit.
    Where is this parking lot & garage located?
    The property is located at 111 E Chestnut St Chicago, IL.
    What is the asking price?
    The asking price for this property is $44,625.
    What are key features of this property?
    This property features: - Premier, deeded FIRST-floor garage parking space for effortless access.; - Secure garage with Key Fob access.; - Ownership available even if you are not a building resident.
    (773) 325-2800
    Request Owner's contact information
    111 E Chestnut St Chicago, IL 60611
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    Chicago, IL 60611
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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
    111 E Chestnut St Chicago, IL 60611
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