Overview and Pricing for Garage Condos in Illinois (3 different ranges of units):
Entry-level garage condos in Illinois generally run from $300,000 to $450,000 for spaces around 1,000 to 1,400 square feet. These are often delivered in shell condition or with light finishes, making them well-suited for storage or a basic workshop but without the luxury amenities of higher tiers. They typically include standard overhead doors, radiant heat or simple HVAC, and basic electrical service. Examples include Iron Gate Motor Condos in Naperville, where a 1,160-square-foot unit sold for about $390,000, providing a useful baseline for this tier.
Mid-size garage condos in Illinois usually fall in the $500,000 to $750,000 range for 1,500 to 2,500 square feet, and they come with more complete finishes and higher utility specs. Features often include full bathrooms, mezzanine lofts, better heating and cooling, upgraded power, and decorative finishes like epoxy floors or custom lighting. Communities such as Iron Gate in Naperville and MotorCave in Barrington cater to this tier, offering spaces that are both practical for multi-car storage and designed as social or display environments. Examples include a 1,722-square-foot Iron Gate unit that sold for about $580,000 and a 2,240-square-foot unit that sold for about $660,000.
Large or premium garage condos in Illinois often exceed $750,000 and can push into $1 million+ for large or highly customized suites. These trophy units are typically 3,000 square feet or larger, with volume ceilings, mezzanines or full second floors, luxury build-outs, climate control, and entertainment spaces. The MotorCave Auto Suites in Barrington exemplify this category, with plans offering nearly 3,900 square feet across ground and loft space, condo fees in the $400–$500/month range, and premium amenities tailored for serious collectors. Developments like the proposed Bespoke Motor Union in Gilberts are also targeting this high-end market, with Phase 1 units expected to sell in the mid-$300Ks for smaller footprints and more for larger, finished spaces.
