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Self-Storage Facility

Devon Self Storage_IL

1601 S Canal St, Chicago, IL 60616

Listing Price: Request For Offer

Number of Units
675
Occupancy
84.7%
Gross SF
89,238
Rentable SF
89,238
Year Built
1989

Investment Overview

Devon Self Storage (Managed) 5 represents a geographically diverse, high quality self storage portfolio consisting of five facilities strategically positioned across major U.S. markets from Washington, D.C. to Chicago and extending through Oklahoma and Texas.

Investment Highlights

  • Physical occupancy is currently around 80 percent, the portfolio offers substantial opportunity for a new operator to drive NOI through lease up, revenue management, and improved operational With phys
  • Together, the assets comprise approximately 3,000 units and 360,000 rentable square feet, offering a balanced mix of climate controlled and non climate controlled units.
  • All assets are located within top 50 U.S. MSAs—including Dallas–Fort Worth (ranked 4th), Chicago (ranked 3rd), and Washington, D.C. (ranked 8th) and Austin (ranked 28th).

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Self-Storage Facility

Devon Self Storage_IL

Listing Price: Request For Offer

Number of Units
675
Occupancy
84.7%
Gross SF
89,238
Rentable SF
89,238
Year Built
1989

Investment Highlights

  • Physical occupancy is currently around 80 percent, the portfolio offers substantial opportunity for a new operator to drive NOI through lease up, revenue management, and improved operational With phys
  • Together, the assets comprise approximately 3,000 units and 360,000 rentable square feet, offering a balanced mix of climate controlled and non climate controlled units.
  • All assets are located within top 50 U.S. MSAs—including Dallas–Fort Worth (ranked 4th), Chicago (ranked 3rd), and Washington, D.C. (ranked 8th) and Austin (ranked 28th).

Investment Overview

Devon Self Storage (Managed) 5 represents a geographically diverse, high quality self storage portfolio consisting of five facilities strategically positioned across major U.S. markets from Washington, D.C. to Chicago and extending through Oklahoma and Texas.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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