235 Van Buren Street 262-264-288-292
Chicago,
IL
60607
$80,000.00
$74,999.00
Listing 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!