It's easier on the app!
Access your booking on the go.
List for free. Earn $700/mo.
Our hosts say it best.
Renting out my Extra Space on Prked was a breeze. The platform is user-friendly, and I've had a positive experience with both the renters and the Prked support team. Highly recommended!
Prked near Palatine
1 month ago
Prked has been a game-changer for me. I've earned consistent income from my Extra Space in Palatine, IL, and the renters have always been respectful. It's a win-win!
Prked near Palatine
14 days ago
I was hesitant at first, but renting out my Extra Space on Prked turned out to be a fantastic decision. The platform is reliable, and I've had no issues with the process. Thumbs up!
Prked near Palatine
21 days ago
Prked has provided a seamless way for me to earn extra income from my Extra Space. The support is excellent, and the renters have been respectful of my property. I recommend it to anyone looking to make passive income.
Prked near Palatine
1 month ago
Prked helped me earn extra income from my unused parking spot near the stadium. Highly recommend it!
Prked near Palatine
2 months ago
As a host, I’ve found the platform to be incredibly efficient. Renting my space has never been easier.
Prked near Palatine
1 month ago
Hosting with Prked allowed me to monetize my empty lot in the suburbs. A fantastic way to earn passive income.
Prked near Palatine
1 month ago
Prked took the hassle out of managing renters for my parking space. Their system is seamless and stress-free.
Prked near Palatine
7 days ago
I've hosted with Prked for over a year, and it’s been a great source of additional income for my family.
Prked near Palatine
2 months ago
Prked made it so easy to connect with reliable renters. I’m making great use of my extra driveway space.
Prked near Palatine
21 days ago
Provide accurate details about your Extra Space in Palatine, IL, including its features, availability, and any specific rules renters should follow.
Respond promptly to inquiries, be transparent about your expectations, and communicate effectively with potential renters to build trust.
Once your Extra Space is listed and booked, relax and enjoy the passive income flowing in. Prked handles the payment process securely for you.
💰
🏠
🔒
🤝
⚙️
📞
Palatine, Illinois is a vibrant community that offers a perfect blend of suburban living with urban amenities. Known for its picturesque parks, such as Deer Grove Forest Preserve, and proximity to exciting attractions like Arlington International Racecourse and Woodfield Mall, Palatine presents a prime location for hosting Extra Space. The area experiences a typical Midwestern climate with cold winters and warm summers, which can often lead to the necessity for additional storage, parking, or boat storage. The demand for storage, parking, or boat storage in this region is primarily driven by the dense residential neighborhoods, which lead to limited storage and parking space for residents. By hosting Extra Space in Palatine, you could not only alleviate some of these common struggles but also earn a tidy sum, with current rates ranging from $0.80 to $1.40 per square foot and an average price of $1.10. With an average space size of around 500 square feet, the earning potential is significant, averaging about $550 per month.
Prked’s rate algorithm can establish, the perfect rate for your auxiliary place based on its scale, characteristics, and location. In Palatine, IL, the range for pricing additional spots varies greatly - often fluctuating between $0.80/mo, and $1.40/mo for each square foot - impacted by factors such as place size, state, and extra features such as accessibility or protective assets. It's essential to highlight any unique attributes your spare place offers, such as good lighting, ventilation, or proximity to utilities like transit hubs or commercial areas. These spots solely allow for parking or storage, suiting a variety of users particularly searching for these needs. For example: should your extra space measure between 200 and 1000 square feet: you may garner from $160 to $1,400 per month. Typically, an area totalling 500 square feet in Palatine, IL might bring in, approximately $550/mo in leasing proceeds. Leveraging your unused space in Palatine, IL thru Prked, you capitalize on the growing demand for extra parking, or storage, thus generating a supplementary revenue stream. Examples of items that could be stored include automobiles, motorcycles, bicycles, recreational equipment, or boxed household items depending on the space's suitability for parking, or storage or both.
Frequently asked questions