Condo owners renting out parking spaces Airbnb-style (IL)
Using an app developed in Chicago, Arnold rents one of his spaces to a woman who keeps a car downtown for weekend use, and the other to a man who parks during working hours Monday to Friday. On weeknights and weekends, when that latter space is empty, Arnold occasionally rents it to people coming to the neighborhood to shop or dine. Arnold, who’s in banking, makes about $400 a month on what he says would otherwise be “wasted real estate. It’s getting me money for space that I was doing nothing with,” Arnold said. Read the article………….
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