Property profile

1160 Michigan Ave P-425 Chicago, IL 60605

OFF-MARKET
Parking lots & garages
Property ID
US28-1321152
0.38 ac lot Built 2005
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group RESIDENTIAL PARKING GARAGE
Year built 2005
Lot 0.38 ac (16,375 SF)
APN 17-15-309-041-1088
UPID US28-1321152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant
  • Physician
  • Accounting Firm Tax Preparation
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Construction Company General Contractor

Location

1160 Michigan Ave, Unit P-425 Chicago, IL 60605-2776
Chicago metro Census 320600 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k

Owner & transaction history

since 2024
Last sale
$610,000
3 recorded transactions
2024
$610,000
2017
$588,000
2013
$550,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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