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South Loop Heated Garage Parking
For Sale
Contact for pricing

1250 S Michigan Avenue #P126, Chicago, IL 60605

Parking spot for sale in prime South Loop location.

Days on Market197

Property Features for 1250 S Michigan Avenue #P126

General Information

Standard status Active
Property subtype Land or Vacant Lot

Building Details

Year Built 2005
Listing Agency: DOMAIN PROPERTIES LLC
Listed By: ARMIN JALALI SOHI
Source: Corcoran
Added: Jan 16 Changed: Jul 10 Last Checked: Aug 1 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 DOMAIN PROPERTIES LLC

Investment Insights

Based on property information with market context.

A parking spot is available for purchase in a prime South Loop location. The space is situated on the first floor of a heated garage.

Key Highlights

  • Prime South Loop location
  • Heated garage
  • First floor garage access

Property Analytics

Current Use

Beth M. Elia, ... Physician Same Day Pest ... Garden Center Bank of America ATM Atm Jimmy John's Take-out & Catering Polish Me Nails ... Nail Salon

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Florist Carpet & Flooring Store Tanning Salon

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

4,739
Businesses Nearby
232k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 57% Groceries 20% Hotels & Casinos 10% Apparel 8%
Target Superstores
131,620 visits/mo 0.4 miles
Jewel-Osco Groceries
46,012 visits/mo 0.1 miles
H&M Apparel
18,041 visits/mo 0.5 miles
Renaissance Blackstone Hotel Hotels & Casinos
13,890 visits/mo 0.5 miles
Dunkin' Donuts Dining
7,724 visits/mo 0.4 miles

Demographics for 60605, IL

34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Parking spot for sale in prime South Loop location.
Where is this parking lot & garage located?
The property is located at 1250 S Michigan Avenue #P126 Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime South Loop location; Heated garage; First floor garage access
More about this property
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