Surprisingly, not all of the space inside the CBD is metered. There's actually a fair number of spots in the loop that aren't metered. Regardless, that's actua

Surprisingly, not all of the space inside the CBD is metered. There's actually a fair number of spots in the loop that aren't metered. Regardless, that's actually a pretty easy question to answer, because Chicago gets charged for every minute a spot isn't available by the company they sold the street parking to. Inside the loop, the price would be $43,891.30 for every parking spot removed. Inside the CBD, but outside the loop, the price would be $35,040 for every parking spot removed. The entire meter deal has been a boondoggle, and the previous mayor has been subpoenaed about it several times but has gotten out of it citing "health issues." It's really screwed over the cities flexibility when it comes to urban planning. Plus Chicago has the most expensive meters in the nation. Source: http://chicagometers.com/cost-hours/ http://chicagometers.com/cost-hours/