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River Plaza Tandem Parking Space
For Sale
$66,000

405 N Wabash Avenue #A66-67, Chicago, IL 60611

Rare first-level tandem parking in River Plaza Condominium Garage.

Days on Market586

Property Features for 405 N Wabash Avenue #A66-67

General Information

Standard status Active
Property subtype Land or Vacant Lot

Building Details

Year Built 1977
Listing Agency: STREETERVILLE REALTY, LLC
Listed By: HAROON KHAN · License #475152943
Source: Corcoran
Added: Dec 23, 2024 Changed: Jul 10 Last Checked: Aug 1 at 7:28AM

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 STREETERVILLE REALTY, LLC

Investment Insights

Based on property information with market context.

This is a rarely available tandem parking space located on the first level (A level/G1) of the River Plaza Condominium garage. The large tandem parking space is protected for two cars, featuring a wall on one side and a pillar on the other. The garage is heated and secured with key card entry, and a garage manager is on duty. The garage was completely renovated. There are a limited number of 364 parking spaces shared with 405 Wabash Ave (697 units) and 403 N Wabash Ave (53 Units).

Key Highlights

  • Rare Level 1 Parking: Highly desirable and rarely available parking space.
  • Protected Tandem Space: Large tandem parking space accommodates two cars, protected by a wall and pillar.
  • Secure Garage: Heated garage with key card entry and on‑duty garage manager.

Property Analytics

Current Use

Bongiorno's Cucina Italiana ... Restaurant Chicagoland Psychologist, LLC ... Physician Owen Chad Physician Sue H. Bae Physician Wendy Wasson, Ph.D. Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Restaurant Buffet Adult Day Care

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

39,915
Businesses Nearby
690k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 49% Hotels & Casinos 23% Apparel 20% Shops & Services 6%
Nordstrom Apparel
136,729 visits/mo 0.1 miles
Starbucks Dining
132,317 visits/mo 0.3 miles
McDonald's Dining
65,567 visits/mo 0.3 miles
McDonald's Dining
52,443 visits/mo 0.4 miles
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.3 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
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Rare first-level tandem parking in River Plaza Condominium Garage.
Where is this parking lot & garage located?
The property is located at 405 N Wabash Avenue #A66-67 Chicago, IL.
What is the asking price?
The asking price for this property is $66,000.
What are key features of this property?
This property features: Rare Level 1 Parking: Highly desirable and rarely available parking space.; Protected Tandem Space: Large tandem parking space accommodates two cars, protected by a wall and pillar.; Secure Garage: Heated garage with key card entry and on‑duty garage manager.
More about this property
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