$74,999

235 W Van Buren Street 262-264-288-292, Chicago, IL 60607

Land
Built in 2009
—— sqft lot
—— car garage
$——/sqft
Listed 18 days ago

Property Description

Solid investment opportunity to purchase a bundle of 4 deeded garage parking spaces in the heart of the loop! Ideal, low maintenance passive income yielding 6%+. These have been easy to rent out over the years with no vacancy. Available to both residents of the condo building and outside renters. Parking spaces are 262, 264, 288 and 292 located on the 7th floor of 235 W Van Buren. The going rental rates are approx $250/month per space. Enjoy 24-hour door staff and a controlled, secure entrance. Ideal for Loop commuters or investors seeking premium downtown parking. Easy, armchair investment: you don't have to worry about any maintenance or upkeep - just sit back and collect the rent!

Listing Status:: Active
Data Last Updated:: May 21, 2026 at 3:18AM
Listing Office:: Compass : 773-320-7330
Listing Agent:: Lee Cherney : 773-320-7330
MLS ID:: 12636423

Parking: Parking spaces: 4

HOA Amenities: 78.0
Originating MLS: mred
County: Cook

Zoning: 17162380282130

Source: mred
Ownership: Fee Simple

This listing courtesy of Lee Cherney , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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