Building Details

Year built 2008

Listing Agency: EXIT Strategy Realty · EXIT Realty n***@nicklibert.com Show Phone

Listed By: John Zimmers · License #471006999 Show Phone

Added: Apr 30 Changed: Jul 14 Last Checked: Aug 12 at 8:06AM

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MLS# 12634873

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

A parking space is available for sale. Located in Chicago, Illinois, within the 60605 postal code, this property is situated on the 5th floor.

Key Highlights

• Prime location
• Benefit from a 5th‑floor parking space
• For sale or rent

Property Analytics

Property Profile

Current Use

Gallo Law Group, ... Law Firm Chicago Waffles Restaurant eDigitalStudios Marketing & Advertising Nia Anne Photography Photography Service Go Grocer Grocery & Convenience Store

Suggested Use

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

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

4,301

Businesses Nearby

251k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 53% Groceries 39% Hotels & Casinos 4% Dining 3%

Target Superstores

131,620 visits/mo 0.5 miles

Mariano's Groceries

50,480 visits/mo 0.5 miles

Jewel-Osco Groceries

46,012 visits/mo 0.2 miles

Dunkin' Donuts Dining

7,724 visits/mo 0.3 miles

Best Western Grant Park Hotel Hotels & Casinos

6,261 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this parking lots & garages located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Parking lot & garage - Prime parking space available in Chicago's 60605 area.

Where is this parking lot & garage located?

The property is located at 1400 S Michigan Avenue 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: Prime location; Benefit from a 5th‑floor parking space; For sale or rent