Is buying a parking space in condo building good idea?

[Ralph Ace]

I was looking for condo for sale and found parking is sold saperately.

I've noticed folks in area pay $400 plus a month in parking lease.

I was curious can anyone lease it or only folks that live in the condo building.

Also, is it profitable to purchase the parking space alone without condo and lease it out

Any feedback would be appreciated.

Link to parking sale:

https://www.homesnap.com/IL/Chicago/600-N-Kingsbury-Street/property/11008160