Chicago, IL Parking Lots & Garages for Sale

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258 properties

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Updated: Nov 21, 2025

Washington Park Multifamily Investment Opportunity

5833 South Michigan Avenue, Chicago, IL 60637

$1,200,000

9,375 sqft

Excellent condition of units and ideal unit mix with three 2 bed/2 bath & five 3 bed/2 bath.
Potential to increase rents by $150-$250 per unit.
Enjoy the convenience of in‑unit washer and dryer in every unit.
Located in the highly sought‑after Washington Park neighborhood, near Hyde Park and Lake Michigan amenities.
Secured parking lot with electronic gate for 10 vehicles.

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This listing looks promising.

Here's a quick look at some key insights for

5833 South Michigan Avenue, Chicago, IL 60637

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Est. Cap Rate

4.9%
NOI ÷ price
Est. NOI

$59K
Annual
Price @ 7% Cap

$840K
Suggested
Property Type

Apartments (Generic)
Built 1908

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Updated: Aug 6

Two-Story Mixed-Use Property

1126-1130 W 18th Street, Chicago, IL 60608

$1,050,000

0.21 AC lot

Three addresses conveyed together as one assemblage
Two‑story brick mixed‑use building constructed in 1888
0.2066‑acre property with approximately 72 feet of frontage
Two additional parking lots included
Zoned COMMR

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Paved Commercial Land

4918-22 W Diversey Avenue, Chicago, IL 60639

$520,000

0.22 AC lot

Three contiguous lots form a paved commercial site with alley access and established corridor exposure.

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Six-Unit Brick Apartment Building

6022 -6024 S Union Avenue, Chicago, IL 60621

$575,000

0.14 AC lot

The property includes an adjacent full-parcel parking lot and MULTI zoning.

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Chicago Land Ready For Development

5001-5015 N Harlem Avenue, Chicago, IL 60656

$749,000

0.26 AC lot

11,252 square feet of land ready for development.

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Heated Tandem Parking Space

505 N Lake Shore Drive, Chicago, IL 60611

$130,000

Dedicated indoor parking accommodates two vehicles within a heated building garage.

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Multi-Section Restaurant Property

2723 W Howard Avenue, Chicago, IL 60645

$1,199,000

0.41 AC lot

Includes patio space, dedicated parking areas, and a leased restaurant component.

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Parking Lot with Commercial Building

1727 S. Indiana Ave., Chicago, IL 60616

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16,145 sqft

Sale offering includes a 60-space parking lot and a 16,245-square-foot commercial building with 10 additional spaces.

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Reserved Parking Space

474 N Lake Shore Drive, Chicago, IL 60611

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Reserved parking on the 10th floor at a Lake Shore Drive property near Streeterville amenities.

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Two Deeded Parking Spots

1122 W Catalpa Avenue, Chicago, IL 60640

$60,000

Two deeded parking spots in private garage for sale.

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Tandem Parking Spaces in Secure Garage

801 S Plymouth Court #223-222, Chicago, IL 60605

$60,000

315 sqft

Two front-to-back assigned parking spaces in a monitored garage with convenient access to an on-site elevator and exits.

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Deeded Parking Spot For Sale

600 N Kingsbury Street, Chicago, IL 60654

$30,000

Deeded parking spot available on the 6th floor.

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Prime Parking Space in Chicago

130 N Garland Court 4-81, Chicago, IL 60602

$35,000

Rare parking space in central Chicago location for sale.

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Parking Lot and Commercial Space

1631-1727 S Indiana Ave, Chicago, IL 60616

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16,145 sqft

For sale package includes a 60-space parking lot plus a 16,245 sq. ft. commercial building with 10 additional spaces.

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Garage Parking Space in Chicago

680 N Lake Shore Drive P-610, Chicago, IL 60611

$50,000

Prime parking space available for condo owners in 680 Lake.

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Parking Space in Chicago Available

1400 S Michigan Avenue, Chicago, IL 60605

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Prime parking space for sale in Chicago's 60605 area.

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6-Unit Brick Apartment Building

6022-6024 South Union Avenue, Chicago, IL 60621

$575,000

6,250 sqft

MULTI zoning and an adjacent full-parcel parking lot support the property’s multifamily configuration.

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Parking Space in Chicago Available

1400 S Michigan Avenue, Chicago, IL 60605

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Prime parking space for sale in Chicago's vibrant area.

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Income Producing Bridgeport Multi-Story Building

3636 S. Iron Street, Chicago, IL 60609

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155,000 sqft

Multi-story building with parking and vacant land in Bridgeport.

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Chicago Parking Space For Sale

1400 S Michigan Avenue, Chicago, IL 60605

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Prime parking space available in Chicago's 60605 area.

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Commercial Land Near Midway Airport

4901 W 47th St, Chicago, IL 60638

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0.77 AC lot

Commercial land near transportation and retail, potential development opportunity.

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Trump Tower Parking Space

401 N Wabash Avenue, Chicago, IL 60611

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Parking space available for Trump Tower residents.

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Tandem Heated Garage Parking Space

505 N Lake Shore Dr #C-40, Chicago, IL 60611

$130,000

Dedicated indoor parking in Lake Point Tower’s heated garage serves convenient vehicle storage near Chicago’s lakefront.

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Heated Deeded Garage Parking Spot

1122 W Catalpa Avenue, Chicago, IL 60640

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Heated deeded garage parking spot available for purchase.

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Chicago, IL Parking Lots & Garages Market Trends and Statistics

Explore 258 parking lots & garages for sale in Chicago, IL, showcased through 258 active listings on our real estate platform. These investment opportunities span a total of 224,386 square feet of properties for sale, with an estimated market value of $11,993,649.

Sale prices for parking garages in Chicago, IL start at $30,000, averaging $105,207, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60625	$7.5K
60661	$11.7K
60654	$12K
60616	$15K
60607	$21.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the 10,000+ square foot range.

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