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River Plaza Heated Parking Space
For Sale
$39,000

405 N Wabash Avenue, Chicago, IL 60611

Land, Chicago, IL

Property SizeContact for details
Days on Market310

Property Features for 405 N Wabash Avenue

General Information

Property type Land
Property subtype Other
Parking 1
Directions Between Grand & the river on Wabash
Subdivision CHI - Near North Side
Standard status Active
APN 17101320401139

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 700

Building Details

Year built 1977
Listing Agency: Baird & Warner
Listed By: Maria Fernandez · License #475162705
Added: Oct 15, 2025 Changed: Aug 19 Last Checked: Aug 20 at 1:06PM
MLS# 12492120

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.

This is a parking space located in the River Plaza Condominium on level "B", situated directly across from the entry doors into the main building. The parking area is heated and secured with key card entry. The space is currently rented for $325.00 monthly. The parking is within the River Plaza Condominium garage, which is not open to public parking, and a garage manager is on duty.

Key Highlights

  • Premier, heated, and secure parking space in River Plaza Condominium.
  • Key card entry for enhanced security.
  • Located directly across from entry doors into the main building for convenience.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Heated, secure parking space in River Plaza Condominium.
Where is this parking lot & garage located?
The property is located at 405 N Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $39,000.
What are key features of this property?
This property features: Premier, heated, and secure parking space in River Plaza Condominium.; Key card entry for enhanced security.; Located directly across from entry doors into the main building for convenience.
More about this property
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