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    520 N Halsted St, Unit P-15 Chicago, IL 60642

    For Sale
    $35,000

    Heated parking space in The Montrevelle, Chicago.

    Property Features for 520 N Halsted St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2005

    Source: MORPHEASY REALTY Agent ALI BAKIR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Deeded Parking Space For Sale

    A deeded parking space is available for purchase at The Montrevelle, located at 520 N Halsted Street in Chicago. This heated parking spot offers convenience and adds resale value. Limited street parking and nearby garages charging $300 to $400 per month make this an advantageous opportunity. The parking space can be rented to other residents in the building for $200 to $300 per month, due to high demand from units without parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Elizabeth A. Doyle, MS Speech Pathologist Montrevelle Condo Condominium Complex The Montreville Apartment Building SCI Solutions Website Designer Microscribe Inc. Medical Transcription Service

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Luxury Car Rental Chicago, Semi Trailer and Flatbed Lease & Rental Chicago, A1 Luxury Limo Corp, Drip Drop Exotics Car Club & Rentals, Chicago Rentals Direct

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.648039
    Latitude
    41.8918847

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    FAQs

    What type of property is this?
    Parking lot & garage - Heated parking space in The Montrevelle, Chicago.
    Where is this parking lot & garage located?
    The property is located at 520 N Halsted St, Unit P-15 Chicago, IL.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: - Deeded, heated parking space included.; - Opportunity to rent the parking space to other residents for $200-$300/month.; - Limited street parking in the area.
    (312) 622-7022
    Request Owner's contact information
    520 N Halsted St, Unit P-15 Chicago, IL 60642
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 N Halsted St, Unit P-15 Chicago, IL 60642
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