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    Property profile & analytics

    2101 Rice St Chicago, IL 60622

    • Parking lots & garages
    • 0.50 lot acres
    For Sale
    View listing
    $21,000
    Value Estimation
    Last Sale
    Aug 05, 2021
    $320,000
    Location Intelligence
    Property ID
    US28-2791958
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Windy City Painters / Painter / Dry Wall Contractor
    • Solutions Center / Addiction Treatment Center
    • GKeller Industries / Marketing Consultant

    Property Details for 2101 Rice St

    Year built
    1997
    Lot size
    0.50 lot acres
    Property type
    Parking lots & garages
    APN
    17-06-330-043-1049
    APU
    17063300431049

    Description

    Secure your own deeded parking space at the prestigious Icehouse Lofts condominium in Chicago's vibrant Ukrainian Village neighborhood. This 180-square-foot space (APN: 17063300431072, 17063300431065, 17063300431066) is conveniently located at 2101 W Rice Street, P31, and is priced at $21,000. The space is situated within a secure garage and offers a prime investment opportunity for residents of the building or those seeking convenient parking in this high-demand area. This space is zoned R-1. While this listing is for one space, two additional adjacent parking spaces are also available for purchase, presenting a potential bulk purchase opportunity. The property's central location places it within easy walking distance of numerous restaurants and other condo buildings. Ownership of the parking space is not contingent upon residency in the Icehouse Lofts building. This is an excellent investment for those seeking secure and convenient parking in a thriving Chicago neighborhood. Don't miss this chance to acquire a valuable asset in a sought-after location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $380,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $370,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $340,000
      Mixed-Use
      $425,000
      Hospitality
      $340,000
      Educational
      $395,000
      Residential Income
      $355,000
      Energy
      $430,000
      Income-Based Land
      $380,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6799
    Latitude
    41.8965
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $150
    $95
    $636
    $731
    -
    $950
    $6,360
    $7,310

    Comparable in this City

    • Value Estimation by Request
      0.90 Acres

      1735 Paulina St, Unit P-53

      RESIDENTIAL PARKING GARAGE • 0.90 Acres
      1735 Paulina St, Chicago, IL 60622-1133
      View Details
    • Value Estimation by Request
      0.90 Acres

      1735 Paulina St, Unit P-23

      RESIDENTIAL PARKING GARAGE • 0.90 Acres
      1735 Paulina St, Chicago, IL 60622-1133
      View Details
    • Value Estimation by Request
      0.50 Acres

      2101 Rice St, Unit P41

      RESIDENTIAL PARKING GARAGE • 0.50 Acres
      2101 Rice St, Chicago, IL 60622-5038
      View Details
    • Value Estimation by Request
      0.42 Acres

      1720 Marshfield Ave, Unit P17

      RESIDENTIAL PARKING GARAGE • 0.42 Acres
      1720 Marshfield Ave, Chicago, IL 60622-1483
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    • Value Estimation by Request
      0.08 Acres

      1910 Superior St, Unit P-1

      RESIDENTIAL PARKING GARAGE • 0.08 Acres
      1910 Superior St, Chicago, IL 60622-5680
      View Details
    • Value Estimation by Request
      0.07 Acres

      1922 Honore St, Unit P2

      RESIDENTIAL PARKING GARAGE • 0.07 Acres
      1922 Honore St, Chicago, IL 60622-1043
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Ukrainian Village Parking Spaces

      Prime Chicago Parking: 3 Spaces Available
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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
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