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$74,999

  • For Sale
  • Active
  • Lots/Land
  • Updated 3 days ago
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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!

Full Property Details for 235 W Van Buren St #262-264-288-292

General

  • Price: $74,999
  • HOA FEE: $78
  • Taxes: $963 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12636423
  • Updated: 5/20/2026
  • Added to Site: 21 day(s) ago

Parking

  • Total Spaces: 4

Location

  • Area: CHI - Loop
  • County: Cook
  • Township: North Chicago
  • Driving Directions: Building located on SE corner of Franklin and Van Buren. Enter garage from Franklin Street, one way going North.

Structural Information

  • Entry Floor Number: 7
  • Year Built: 2009

Unit Information

  • Units in Building: 572

Lot Features

  • Lot Dimensions: 8 x 12

Financial Considerations

  • Lease Price: $250
  • Association Fee: $78
  • Assessment Year: 2009
  • Tax Amount: $963.69
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 17162380282130

Listed by Compass

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— 235 W Van Buren St #262-264-288-292 —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 235 W Van Buren St #262-264-288-292 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Price Reduced
$74,999
-6.25%
MLS
5/02/2026
Listed
$80,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 235 W Van Buren St #262-264-288-292

Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,549
3%
$21,490
—
2022
$4,434
2%
$21,490
—
2021
$4,334
4%
$21,490
15%
2020
$4,155
2%
$18,650
-8%
2019
$4,081
-4%
$20,312
-6%
2018
$4,269
-1%
$21,609
8%
2017
$4,307
7%
$20,009
—
2016
$4,008
2%
$20,009
-7%
2015
$3,942
15%
$21,511
16%
2014
$3,430
—
$18,489
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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235 W Van Buren Street #262-264-288-292, Chicago, IL 60607 (MLS# 12636423) is a Lots/Land property with a lot size of acres. 235 W Van Buren Street #262-264-288-292 is currently listed for $74,999 and was received on May 02, 2026. Want to learn more about 235 W Van Buren Street #262-264-288-292? Do you have questions about finding other Lots/Land real estate for sale in The Loop? You can browse all The Loop real estate or contact a Coldwell Banker agent to request more information.

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