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    55 E Erie St #P-406 Chicago, IL 60611

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    For Sale
    $65,000

    Parking spot in prime location, steps from the elevator.

    Property Features for 55 E Erie St #P-406

    General Information

    Standard status
    Active

    Building Details

    Year built
    2003

    Source: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE Agent MARGARET BACZKOWSKI

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

    Overview

    Garage Parking Spot For Sale

    This is a garage parking spot situated in a prime location. The spot is located steps from the elevator on floor 2.5. Another parking spot, number 405, is also available side-by-side.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chicago IL, 60611 Condominium Complex Save Abandoned Babies ... Non-Profit Organization Maureen Rush - Chicago ... Real Estate Agent Jim Moore Realty ... Real Estate Consultant RM Luxury Group ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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, A1 Luxury Limo Corp, Miles Car Rental, Thrifty, Hertz Car Rental - Chicago - West Loop HLE

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6187
    Latitude
    41.8946

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    FAQs

    What type of property is this?
    Parking lot & garage - Parking spot in prime location, steps from the elevator.
    Where is this parking lot & garage located?
    The property is located at 55 E Erie St #P-406 Chicago, IL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Prime location garage.; - Steps from the elevator for added convenience.; - Located on floor 2.5.
    (312) 682-8500
    Request Owner's contact information
    55 E Erie St #P-406 Chicago, IL 60611
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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
    55 E Erie St #P-406 Chicago, IL 60611
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