235 W Van Buren Street #262-264-288-292 Chicago, IL 60607

Building Details

Year Built

2009

Listing office COMPASS l**@leecherneygroup.com Show Phone

Listing date May 2, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

A bundle of four deeded garage parking spaces offers a solid investment opportunity. Located in the heart of the Loop, these spaces provide ideal, low-maintenance passive income, yielding 6% or more. The parking spaces, numbered 262, 264, 288, and 292, are situated on the 7th floor of 235 W Van Buren. The spaces have been easy to rent out over the years with no vacancy. Available to both residents of the condo building and outside renters, the going rental rates are approximately $250 per month per space. The location provides a controlled, secure entrance and 24-hour door staff. This is an ideal opportunity for Loop commuters or investors seeking premium downtown parking. The investment is easy and requires no maintenance or upkeep.

Key Highlights

• Bundle of 4 deeded garage parking spaces in the Loop.
• Low‑maintenance, passive income investment yielding 6%+.
• Historically easy to rent with no vacancy.

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FAQs

What type of property is this?

Parking lot & garage - Bundle of four deeded garage parking spaces in the Loop.

Where is this parking lot & garage located?

The property is located at 235 W Van Buren Street #262-264-288-292 Chicago, IL.

What is the asking price?

The asking price for this property is $54,999.

What are key features of this property?

This property features: Bundle of 4 deeded garage parking spaces in the Loop.; Low‑maintenance, passive income investment yielding 6%+.; Historically easy to rent with no vacancy.