Water Tower Place

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Water Tower Place

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Water Tower Place is a landmark vertical shopping mall and mixed-use skyscraper on Chicago’s Magnificent Mile, known for its multi-level retail, dining, entertainment, and direct proximity to the historic Chicago Water Tower that survived the Great Chicago Fire. The area draws heavy foot and vehicle traffic throughout the day from shoppers, hotel guests, and tourists visiting nearby attractions, so streets around Michigan Avenue, Chicago Avenue, and surrounding blocks can feel consistently busy and congested.

Because the complex includes a large indoor mall within a high-rise development, much of the parking is structured rather than on open lots, and nearby metered street parking is limited, time restricted, and highly competitive, especially during weekends, holidays, and peak shopping seasons. Planning ahead and reserving parking near Water Tower Place helps avoid circling crowded blocks, worrying about meter limits, or dealing with last-minute stress so you can focus on your visit, whether you are in town for sightseeing or business. Always review the latest rules, rates, and regulations from official city and facility sources before you travel, since local parking policies can change.

Parking near Water Tower Place
Water Tower Place Garage
from $20

Water Tower Place Garage

0 min walk
24 / 7
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Water Tower Place Garage
from $25

Water Tower Place Garage

0 min walk
24 / 7
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John Hancock Center Garage
from $19

John Hancock Center Garage

1 min walk
24 / 7
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The Seneca - Valet Kiosk

The Seneca - Valet Kiosk

2 min walk
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The Seneca - Valet Kiosk

The Seneca - Valet Kiosk

2 min walk
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221 E. Chestnut West (Right) Entrance Garage
from $14

221 E. Chestnut West (Right) Entrance Garage

2 min walk
24 / 7
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Cheapest parkings near Water Tower Place

Parking start at

$10

How to park near Water Tower Place

Typical visit duration at Water Tower Place 2-3 hours

Metered street parking is available on nearby streets like E Chicago Avenue, E Chestnut Street, E Pearson Street, and E Walton Street, but spaces are limited, typically capped at about 2 hours, and enforced daily from morning until late at night.

Overnight parking Available at Water Tower Place Garage, Water Tower Place Garage, and other locations (marked with 24/7 hours).

Onsite parking Water Tower Place operates an on-site underground parking garage accessible from 175 East Chestnut Street with hourly rates starting around $25.

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