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    2101 Rice St Chicago, IL 60622

    Sponsored
    For Sale
    Contact for pricing

    Prime Chicago Parking: 3 Spaces Available

    Property size:
    180 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This offering presents a unique opportunity to acquire three deeded parking spaces within a secure garage at 2101 W Rice Street, P32, Chicago, IL 60622. Located in the heart of the vibrant Ukrainian Village neighborhood, this property boasts convenient access to numerous restaurants and condo buildings. The spaces encompass a total of 180 square feet and are ideally suited for residents of nearby condos or patrons of local establishments seeking secure parking. Two spaces are assigned, with two additional adjacent spaces available for purchase, presenting a potential bulk deal opportunity. This is a prime investment in a high-demand area, offering flexibility as residency in the building is not a requirement for purchase. The asking price for all three spaces is $21,000, and terms are negotiable, particularly for bulk purchases. Don't miss this chance to secure valuable parking in a thriving Chicago neighborhood.

    Property Features for 2101 Rice St

    General Information

    Property type
    Automotive properties
    Square Feet
    180 SF

    HighLights

    • $21,000 asking price for a deeded parking space.
    • 180 square feet, 3 parking spaces in a secure garage.
    • Located in the heart of Ukrainian Village, Chicago, IL, steps from restaurants and condos.
    • Suitable for condo owners or restaurant patrons; bulk purchase options available.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Windy City Painters Painter Solutions Center Addiction Treatment Center GKeller Industries Marketing Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6799059
    Latitude
    41.8964928

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    FAQs

    What type of property is this?
    Automotive property - Prime Chicago Parking: 3 Spaces Available
    Where is this automotive property located?
    The property is located at 2101 Rice St Chicago, IL.
    What is the asking price?
    The asking price for this property is $21,000.
    What are key features of this property?
    This property features: $21,000 asking price for a deeded parking space.; 180 square feet, 3 parking spaces in a secure garage.; Located in the heart of Ukrainian Village, Chicago, IL, steps from restaurants and condos.
    (312) 676-1861
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    2101 Rice St Chicago, IL 60622
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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
    2101 Rice St Chicago, IL 60622
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