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Deeded Parking Near Millennium Park
For Sale
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8 W Monroe St Unit P-94, Chicago, IL 60603

Parking space for sale near Lake Michigan and Millennium Park.

Property SizeContact for details
Days on Market241

Property Features for 8 W Monroe St Unit P-94

General Information

Standard status Active
Property subtype Land/Lot

Building Details

Year Built 1913
Listing Agency: Lifestyle Properties
Listed By: Steven Cotsirilos · License #471013192
Source: Illianahomesource
Added: Jan 5 Changed: Sep 3 Last Checked: Sep 2 at 8:31PM

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 Lifestyle Properties

Investment Insights

Based on property information with market context.

This deeded parking space is conveniently located near Lake Michigan, shopping, theaters, and Millennium Park. The space is currently rented on a month-to-month basis for $188.75 per month. Valet service is available 24/7. The property consists of 156 living units with 109 parking spaces.

Key Highlights

  • Deeded Parking in Prime Location
  • Close Proximity to Lake Michigan, Shopping, Theaters, and Millennium Park
  • Enjoy the convenience of 24/7 Valet Parking Service

Property Analytics

Current Use

MediaScience Research Institute Russ Salzman- Sea ... Consultant Illinois Sign Association Association Or Organization Rama Group Travel Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Adult Day Care Clothing & Fashion Store 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

35,699
Businesses Nearby
94k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 38% Shops & Services 34% Apparel 15% Dining 13%
theWit Chicago - a DoubleTree by Hilton Hotel Hotels & Casinos
35,939 visits/mo 0.4 miles
BP Shops & Services
25,664 visits/mo 0.3 miles
Saks OFF 5TH Apparel
13,751 visits/mo 0.1 miles
McDonald's Dining
9,419 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
4,367 visits/mo 0.5 miles

Demographics for 60603, IL

1,288
Population
984
Households
1.3
Avg Household Size
38
Median Age
92%
College-Educated
100%
High-School Grad
0.1 sq mi
ZIP Area
12,880
Density / Sq Mi
$128,107
Median Household Income
$86,484
Median Earnings
$2,104
Median Rent
$608,100
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
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Parking space for sale near Lake Michigan and Millennium Park.
Where is this parking lot & garage located?
The property is located at 8 W Monroe St Unit P-94 Chicago, IL.
What are key features of this property?
This property features: Deeded Parking in Prime Location; Close Proximity to Lake Michigan, Shopping, Theaters, and Millennium Park; Enjoy the convenience of 24/7 Valet Parking Service
More about this property
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