Looking for parking in the Chicago Area?

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The market in the Chicago, given the current supply is fairly well balanced. The areas north of the city are difficult! The parking availability for residential parking for both off-street and on-street parking is extremely competitive and scare. Most areas in the Lake View and Lincoln Park require parking permits and temporary passes to park in the residential areas.

The downtown and Loop areas in Chicago have ample parking. There are numerous daily specials to attract business travelers. The “Early Bird” specials are offered by most garages. Outdoor lots are a good value for the non-winter months, typically five dollars less than the typical daily rate with indoor parking. There are many strategically located garages along within the loop however parking on the “Mag Mile” is a bit tricky. Some garages are located on one-way streets and navigation for visitor could get tricky, especially on a crowed weekend day where pedestrians make turning on these one-way streets challenging.
Cost to parking in the downtown area:
Average Daily Rate:                         $21.00 along the Michigan Ave area.
Loop Parking Average:                    $15.00
Deeded Parking For Sale :               $38,000
Monthly Parking Avg. Rate:              $210.00