Garage Spot Near Magnificent
For Sale
Contact for pricing
111 E Chestnut Street #6A-2, Chicago, IL 60611
Garage spot for sale near Magnificent Mile. Great investment!
Property SizeContact for details
Days on Market138
Property Features for 111 E Chestnut Street #6A-2
General Information
Standard status
Active
Property subtype
Unimproved Land
Building Details
Year Built
1972
Listing Agency:
Berkshire Hathaway HomeServices Chicago
(312) 642-1400
Listed By:
Beverly Fishman
Source:
Kw
Added: Apr 8
Changed: Aug 23
Last Checked: Aug 22 at 6:54AM
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 Berkshire Hathaway HomeServices Chicago
Investment Insights
Based on property information with market context.
This is a parking garage spot located near the Magnificent Mile. The space has been recently painted and features new LED lighting. The property is currently rented for $300 a month. The property can be owned, used, or rented out by anyone, regardless of whether they live in the building.
Key Highlights
- Prime location near the Magnificent Mile where parking is scarce.
- Opportunity to own a parking spot without residency requirement.
- Income‑generating investment currently rented at $300/month.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24,043
Businesses Nearby
576k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Garage spot for sale near Magnificent Mile. Great investment!
Where is this parking lot & garage located?
The property is located at 111 E Chestnut Street #6A-2 Chicago, IL.
What are key features of this property?
This property features: Prime location near the Magnificent Mile where parking is scarce.; Opportunity to own a parking spot without residency requirement.; Income‑generating investment currently rented at $300/month.
