I was wondering if you rented your parking spaces to local residents. If so what is the monthly rate?

Asked by Eryn, Chicago, IL Thu Feb 11, 2010

This question is about this property: http://www.trulia.com/homes/Illinois/Chicago/sold/1202529-63…

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Chris Michae…, , Chicago, IL
Thu Feb 11, 2010
I rent ½ of my 2-car garage to my tenants for $100. That amount is reasonable in Logan Square for a covered parking spot, although rents in more popular areas can be $200 or more per month. A good place to look for market rents in your area is http://chicago.craigslist.org/prk/


Chris Michaelson
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Mary Nack, Agent, Chicago, IL
Fri Feb 12, 2010
There is a wide variety of parking rents within the city of Chicago - depending on where you're talking. Downtown can go as high as $400-$450/month. Out in the 'hood, you can probably find garage parking for as low as $50/month and outdoor parking @ $25/month. Do you own a parking space or are you looking to rent one? ??? Hard to answer your question without a little more information.
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