Self-Storage Facility
Safeway Self-Storage
15821 Arroyo Dr, Oak Forest, IL 60452
Listing Price: $1,000,000
Cap Rate
5.90%
Number of Units
197
Occupancy
86.5%
Rentable SF
22,893
Price/Rentable SF
$43.68
Year Built
1991
Investment Overview
Marcus & Millichap is pleased to present Safeway Self Storage. Located in Oak Forest, Illinois this site offers 22,893 rentable square feet and 197 non-climate-controlled units.
Investment Highlights
- 89.85 Percent Physically Occupied with Historically High Occupancy Rates
- Opportunity to Improve Operations & Generate Additional Revenue by Implementing Tenant Insurance Program
- High Barrier to Entry with Limited Area Supply | No Competition within 1 Mile | Only 3.75 SF/Capita of Non-Climate-Controlled Storage in the 3-Mile Radius
- Strong Demographics - 3-Mile Population: 80,041 | 5-Mile Population: 215,019 - 3-Mile Avg Household Income: $95,349 | 5-Mile Avg Household Income: $100,175
- +/- 33,800 Vehicles/Day Along 159th Street
Exclusively Listed By
Listing Price: $1,000,000
Cap Rate
5.90%
Number of Units
197
Occupancy
86.5%
Rentable SF
22,893
Price/Rentable SF
$43.68
Year Built
1991
Investment Highlights
- 89.85 Percent Physically Occupied with Historically High Occupancy Rates
- Opportunity to Improve Operations & Generate Additional Revenue by Implementing Tenant Insurance Program
- High Barrier to Entry with Limited Area Supply | No Competition within 1 Mile | Only 3.75 SF/Capita of Non-Climate-Controlled Storage in the 3-Mile Radius
- Strong Demographics - 3-Mile Population: 80,041 | 5-Mile Population: 215,019 - 3-Mile Avg Household Income: $95,349 | 5-Mile Avg Household Income: $100,175
- +/- 33,800 Vehicles/Day Along 159th Street
Investment Overview
Marcus & Millichap is pleased to present Safeway Self Storage. Located in Oak Forest, Illinois this site offers 22,893 rentable square feet and 197 non-climate-controlled units.
Exclusively Listed By

