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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
91.3%
Gross SF
89,198
Rentable SF
89,198
Year Built
1989

Investment Overview

Devon Self Storage is a 675-unit, 89,198 net rentable square foot self-storage facility located in Chicago, Illinois. The property comprises 70,836 net rentable square feet of multistory climate-controlled self-storage space and 18,362 net rentable square feet of dedicated wine storage, offering a diversified unit mix. Situated on approximately 0.92 acres, the facility was originally converted in 1989 and is well positioned to serve the surrounding dense urban population.

Investment Highlights

  • The growing three-mile trade area boasts average household incomes exceeding $128,000, supported by a strong population base of roughly 369,504 residents and 192,000 households.
  • Located within the Chicago MSA, the nation's third-largest metropolitan area, the property benefits from exceptional population density, a diverse economic base, and strong barriers to entry.
  • Surrounded by established neighborhoods including South Loop, Chinatown, and Pilsen, the property is supported by a robust population base, and strong institutional employment.

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Self-Storage Facility

Devon Self Storage_IL

Listing Price: Request For Offer

Number of Units
675
Occupancy
91.3%
Gross SF
89,198
Rentable SF
89,198
Year Built
1989

Investment Highlights

  • The growing three-mile trade area boasts average household incomes exceeding $128,000, supported by a strong population base of roughly 369,504 residents and 192,000 households.
  • Located within the Chicago MSA, the nation's third-largest metropolitan area, the property benefits from exceptional population density, a diverse economic base, and strong barriers to entry.
  • Surrounded by established neighborhoods including South Loop, Chinatown, and Pilsen, the property is supported by a robust population base, and strong institutional employment.

Investment Overview

Devon Self Storage is a 675-unit, 89,198 net rentable square foot self-storage facility located in Chicago, Illinois. The property comprises 70,836 net rentable square feet of multistory climate-controlled self-storage space and 18,362 net rentable square feet of dedicated wine storage, offering a diversified unit mix. Situated on approximately 0.92 acres, the facility was originally converted in 1989 and is well positioned to serve the surrounding dense urban population.

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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