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Prime Parking Space For Sale
For Sale
$75,000

505 N Lake Shore Drive #B34, Chicago, IL 60611

Parking space on the 1st floor of the garage.

Days on Market373

Property Features for 505 N Lake Shore Drive #B34

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,055
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO
Listed By: MIA WILKINSON · License #471005680
Source: Corcoran
Added: Jul 25, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 property features a prime parking space located on the first floor of a garage. The space is noted for its ease of parking.

Key Highlights

  • Prime parking space available!
  • Convenient 1st floor location.
  • Includes garage parking.

Property Analytics

Current Use

Total Shade Inc. Industrial Manufacturer Wakensys Corporation (Bike/Boat/Book/etc) Store Lake Point Tower ... Dental Office Ribbeck Law Chartered Law Firm Chip Law Group Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Pet Grooming Service Tattoo & Piercing Shop Butcher 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

18,387
Businesses Nearby
36k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 81% Dining 18% Shops & Services 2%
Sheraton Grand Chicago Riverwalk Hotels & Casinos
28,646 visits/mo 0.3 miles
Gyu-Kaku Japanese BBQ Dining
6,302 visits/mo 0.5 miles
MB Financial Bank Shops & Services
624 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

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 - Parking space on the 1st floor of the garage.
Where is this parking lot & garage located?
The property is located at 505 N Lake Shore Drive #B34 Chicago, IL.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Prime parking space available!; Convenient 1st floor location.; Includes garage parking.
More about this property
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