Illinois Parking lots & garages for sale

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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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

Paved Commercial Land With Alley Access

4918-22 W Diversey Avenue, Chicago, IL 60639

$520,000

0.22 AC lot

Approximately 9,762‑square‑foot site assembled from three contiguous lots
About 78 feet by 125.16 feet overall
Approximately 26 feet of frontage for each lot
Currently paved and used as a parking area
16‑foot public alley provides rear access

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Commercial Land with Dual Access

E Washington St, Pittsfield, IL 62363

$275,000

0.90 AC lot

Vacant commercial parcel with public water access and an existing hospital-related parking use.

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Two-Story Mixed-Use Property

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

$1,050,000

0.21 AC lot

Assemblage combines a brick building with two parking lots and commercial zoning.

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Automotive Parking Lot For Sale

8359 Crawford Avenue, Skokie, IL 60076

$1,500,000

0.11 AC lot

For-sale automotive parking lot at 8359 Crawford Avenue in Skokie, Illinois, suited for parking-focused uses.

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Auto Repair Shop with Storage Lot

5000 W Cermak Road W, Cicero, IL 60804

$2,250,000

0.55 AC lot

Established automotive facility with repair equipment, office space, and additional storage capacity.

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Fenced Parking Lot and Garage Building

1020 Milton Road, Alton, IL 62002

$150,000

0.84 AC lot

Large fenced commercial parking lot and building featuring multiple garages in Alton, IL.

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Alton Commercial Parking Lot

1020 Milton Road, Alton, IL 62002

$175,900

36,678 sqft

Large fenced commercial parking lot and building with multiple garages.

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Airport Parking Facility

3950 N Mannheim Road, Franklin Park, IL 60131

$999,000

0.46 AC lot

Airport-oriented parking operation with shuttle service, staffed 24/7, plus on-site washing and detailing bays.

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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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Logan Square Land and Restaurant

2148 N Milwaukee Ave, Chicago, IL 60647

Contact for pricing

2,500 sqft

Three lots plus restaurant in prime Logan Square area.

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Commercial Land with Paved Lot

520 W Roosevelt Road, Wheaton, IL 60187

$800,000

Infill parcel with an established commercial footprint along Route 38 in Wheaton.

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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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Luxury Motor Condo in Naperville

2240 West Ferry Road, Naperville, IL 60563

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7,030 sqft

Three-story, 2,300 sq ft unit with deck and balcony.

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Tandem Parking Space in Heated Garage

505 N Lake Shore Drive, Chicago, IL 60611

$130,000

Indoor tandem parking provides dedicated vehicle storage within a heated garage.

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Fenced Commercial Land

603 N Austin Avenue, Waukegan, IL 60085

$199,900

Secured land currently used for vehicle storage, with potential uses subject to city discussion.

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Parking Lot with Commercial Building

1727 S. Indiana Ave., Chicago, IL 60616

Contact for pricing

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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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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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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Reserved Parking Space

474 N Lake Shore Drive, Chicago, IL 60611

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Dedicated parking on the 10th floor serves residents and visitors seeking convenient access to central Chicago amenities.

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Eight-Unit Multifamily Package

418 N Spring Street, Metamora, IL 61548

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40,500 sqft

Commercial zoning combines three residential buildings with a separate pay-to-park lot.

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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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Mixed-Use Retail and Residential Property

900 Blackhawk Blvd, South Beloit, IL 61080

Contact for pricing

780 sqft

Three-parcel mixed-use property includes a retail building, a 2-family apartment building, and an adjacent parking lot.

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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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Illinois Parking Lots & Garages Market Trends and Statistics

Explore 235 parking lots & garages for sale in Illinois, showcased through 235 active listings on our real estate platform. These investment opportunities span a total of 424,203 square feet of properties for sale, with an estimated market value of $21,892,615.

Sale prices for parking garages in Illinois start at $30,000, averaging $212,549, and reaching up to $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.