2101 Rice StChicago, IL 60622

Property Details for 2101 Rice St

Year built

1997

Lot size

0.50 AC

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.

• CAP approach

  CAP return

  Valuation

  6%

  $10,190,960

  6.5%

  $9,407,040

  7%

  $8,735,109

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,080,578

  Geo Method

  $7,080,578

• Alternative Use

  Use

  Valuation

  Residential

  $7,935,190

  Hospitality

  $7,268,592

  Educational

  $6,047,383

  Medical

  $6,255,362

  Retail

  $9,407,040

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.8965

Longitude

-87.6799

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].