Case Study: Horizon Realty Group achieves over $34K in added parking income with ParqEx

Sheridan Plaza Chicago leverages ParqEx Tech Stack to Add $21k Additional Annual Revenue

Horizon Realty Group, a property management company, was facing a challenge with its Sheridan Plaza apartment building. The parking garage had many unused spaces, resulting in lost income and creating a major operational burden for staff, who were manually handling rentals and a paper-based guest system. They partnered with ParqEx to find a solution.

ParqEx implemented its full suite of parking solutions, including Marketplace, Access+, GuestParq, and Enforcer. This automated access control, opened unused spots to external renters, streamlined guest parking, and simplified enforcement. The results for Horizon Realty Group were highly successful, generating over $21,000 in annual additional income, freeing up 25% of the property manager's time, and providing a reliable, secure system for the garage.

Horizon Realty Group

David Sherman

Director of Operations