Skybridge Parking Garage

1 North Halsted Street, Chicago, IL 60661

  • For Sale Contact Broker
  • Property Type Other
  • Property Size 119,000 SF
  • Parking Spaces Avail. 264
  • Property Tenancy Single Tenant
  • Year Built 2003
  • Date Updated Apr 1, 2024
1 North Halsted StreetPerfect for operator, or as an investment opportunity to acquire a self-parking structure with an in-place NOI of ±$568K Ability to increase rents due to lack of area parking for new residences, businesses, office tenants, and restaurants as a result of the narrowly built streets, which were not intended for office/residential high-rises 264-stall self-parking structure within the 38-story mixed-use development, Skybridge The property benefits from overflow of Whole Foods' 88-space underground parking garage (not part of collateral) and the overall lack of indoor parking in Fulton Market and adjacent Greektown area Surrounded by dense, affluent demographics with a population of ±74K and median household incomes of ±$133K within a one-mile radius

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Attachments

Highlights

  • Perfect for operator, or as an investment opportunity to acquire a self-parking structure with an in-place NOI of ±$568K
  • Ability to increase rents due to lack of area parking for new residences, businesses, office tenants, and restaurants as a result of the narrowly built streets, which were not intended for office/residential high-rises
  • 264-stall self-parking structure within the 38-story mixed-use development, Skybridge
  • The property benefits from overflow of Whole Foods' 88-space underground parking garage (not part of collateral) and the overall lack of indoor parking in Fulton Market and adjacent Greektown area
  • Surrounded by dense, affluent demographics with a population of ±74K and median household incomes of ±$133K within a one-mile radius

Contacts

broker

Jared Friedman

Friedman Real Estate

(248) 324-2000

Location

Getting Around

  • Walk Score ®

    99/100 Walker's Paradise
  • Transit Score ®

    92/100 Rider's Paradise
  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Fulton Market
  • Zip Code 60661
  • Market Chicago

Points of Interest

  • Morgan

    0.34 miles

  • Ogilvie Transportation Center

    0.36 miles

  • Clinton

    0.37 miles

  • UIC-Halsted (Halsted Street)

    0.45 miles

  • UIC-Halsted

    0.47 miles

  • Chicago Union Station

    0.47 miles

  • UIC-Halsted (Morgan Street)

    0.51 miles

  • Clinton

    0.55 miles

  • taxi rank

    0.64 miles

  • Grand

    0.65 miles

  • Shell

    0.41 miles

  • Citgo

    0.89 miles

  • Tesla Supercharger

    0.96 miles

  • Mobil

    0.97 miles

  • BP

    1.00 miles

  • BP

    1.10 miles

  • BP

    1.11 miles

  • Shell

    1.14 miles

  • Citgo

    1.18 miles

  • Shell

    1.20 miles

  • Parking Garage

    0.15 miles

  • Presidential Towers Garage

    0.21 miles

  • Park 1

    0.28 miles

  • The Site

    0.34 miles

  • Mid City Parking Lot

    0.52 miles

  • Mart Center Self-Park

    0.58 miles

  • Lot 11

    0.62 miles

  • Franklin-Lake Self Park

    0.63 miles

  • Washington Franklin Self Park

    0.63 miles

  • Harrison Street Parking Structure

    0.64 miles

  • Crowne Plaza Chicago West Loop

    0.08 miles

  • NoBu Hotel

    0.23 miles

  • Homewood Suites

    0.24 miles

  • Hampton Inn Chicago Downtown West Loop

    0.25 miles

  • Hoxton Hotel

    0.29 miles

  • Chicago Parthenon Hostel

    0.31 miles

  • Hyatt House

    0.43 miles

  • Hyatt Place Chicago/Downtown - The Loop

    0.59 miles

  • Holiday Inn Chicago-Downtown

    0.62 miles

  • La Quinta Inn

    0.63 miles

  • Rye Deli

    0.07 miles

  • El Che Steakhouse & Bar

    0.13 miles

  • Parlor Pizza Bar - West Loop

    0.13 miles

  • Chicken & Farm Shop

    0.13 miles

  • The Allis

    0.14 miles

  • Domino's

    0.15 miles

  • Jubilee Juice & Grill

    0.15 miles

  • High Five Ramen

    0.15 miles

  • Green Street Smoked Meats

    0.15 miles

  • Nia Mediterranean Tapas

    0.16 miles

  • Frances Xavier Warde School

    0.21 miles

  • IIT Stuart School of Business

    0.33 miles

  • Chicago-Kent College of Law

    0.34 miles

  • Opera School of Chicago

    0.50 miles

  • Skinner Classical Elementary School

    0.60 miles

  • University of Illinois at Chicago

    0.78 miles

  • Chicago Institute of Technology

    0.80 miles

  • Archeworks

    0.82 miles

  • Galileo Elementary School

    0.83 miles

  • Whitney M. Young Magnet High School

    0.86 miles

  • Taylor Tots

    1.19 miles

  • Adams Street Child Care Center

    1.52 miles

  • Bright Horizons

    1.55 miles

  • Cornerstone Children's Learning Center

    1.57 miles

  • New Zion Childcare Academy

    1.84 miles

  • The Goddard School

    2.25 miles

  • North Avenue Day Nursery

    2.46 miles

  • Rainforest Pre-School & Infant Center

    4.17 miles

  • La Escualita Daycare

    4.48 miles

  • A-Karrasel Child Care Center

    4.51 miles

Frequently Asked Questions

What is the total square footage of Skybridge Parking Garage?

Skybridge Parking Garage totals 119,000 square feet.

When was this property built?

Skybridge Parking Garage was built in 2003.

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Contact Listing Broker

broker

Jared Friedman

Friedman Real Estate

(248) 324-2000