It's easier on the app!
Access your booking on the go.
List for free. Earn $600/mo.
Our hosts say it best.
Renting out my studio in West Loop, Chicago on Prked was a game-changer for me. The extra income has been fantastic, and the platform is so easy to use!
Prked near Chicago
1 month ago
I've had a consistently positive experience renting studios in West Loop, Chicago through Prked. The process is straightforward, and the hosts are friendly and accommodating.
Prked near Chicago
14 days ago
Prked has made it incredibly simple for me to find affordable studio space in West Loop, Chicago. The platform is user-friendly, and the hosts are reliable.
Prked near Chicago
21 days ago
As a studio host in West Loop, Chicago, Prked has exceeded my expectations. The support team is responsive, and the earning potential is impressive.
Prked near Chicago
1 month ago
Prked helped me earn extra income from my unused parking spot near the stadium. Highly recommend it!
Prked near Chicago
2 months ago
As a host, I’ve found the platform to be incredibly efficient. Renting my space has never been easier.
Prked near Chicago
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 Chicago
1 month ago
Prked took the hassle out of managing renters for my parking space. Their system is seamless and stress-free.
Prked near Chicago
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 Chicago
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 Chicago
21 days ago
Provide detailed information about your studio in West Loop, Chicago, including amenities, availability, and any special features. High-quality photos can attract more renters.
Respond promptly to inquiries and be proactive in providing information. Establishing good communication helps build trust with potential renters in West Loop, Chicago.
Once your studio is listed and bookings start rolling in, sit back and enjoy the passive income. Prked takes care of the secure transactions, leaving you worry-free.
💰
🏠
🔒
🤝
⚙️
📞
West Loop, Chicago is a vibrant neighborhood that is rapidly evolving into one of the city's most sought-after locations for both living and leisure. Known for its striking blend of historic industrial buildings and modern condos, West Loop sits comfortably near iconic attractions such as the Chicago Riverwalk, Fulton Market, and various art galleries. The area is bustling with a lively arts scene, top-notch restaurants, and is a short walk from the green spaces of Union Park. However, finding storage space can be a challenge due to the increasing demand in this desirable locale. Hosting Studio in West Loop is a brilliant opportunity because the property demand outstrips supply, making for lucrative returns. With prices ranging from $1.00 to $2.00 per square foot and an average of about $1.50, those hosting a space can earn an average of $450 per month by renting out an average-sized 300 sqft space. Plus, the neighborhood's excellent public transportation links and amenities make it attractive to prospective renters.
The Prked algorithm for pricing, by evaluating the studio's dimensions, the conveniences provided, and its location, can ascertain the best rate. Studios in West Loop, Chicago display a broad spectrum when it comes to lease costs—usually swinging from $1.00/mo to $2.00/mo per sq ft, influenced by aspects like the area in sq ft, the studio's state, and additional perks such as abundant daylight, lofty ceilings, or connections to communal spaces like kitchens or restrooms. Suited for parking or storage, studios can house vehicles, surplus inventory, or equipment, amplifying their appeal to folks searching to park or stow their belongings securely. Visualize, if your studio fluctuates from 200 to 600 sq ft, the potential earnings might oscillate between $200 and $1,200 each month. Typically; a studio sized at 300 sq ft in West Loop, Chicago might bring in around $450/mo. It’s vital to underscore distinctive traits your space boasts, such as adaptability, seclusion, or a location proximate to public commute routes and local hotspots. Listing your studio for parking or storage in West Loop, Chicago under Prked allows you to tap into the demand for multiuse and economically friendly spaces, while providing a safe and effective area for users’ needs.
Frequently asked questions