Self-Storage Facility
Devon Self Storage_IL
1601 S Canal St, Chicago, IL 60616
Listing Price: Request For Offer
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.
Listing Price: Request For Offer
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.