Single-Story Self-Storage
118 Rowell Rd, Hampshire, IL 60140
For Sale
Contact for pricing
Four separate buildings provide a single-story layout for the storage operation.
Property Size28,770 SF
Lot Size1.95 Acres
Price / SF$53.88
Days on Market34
Property Features for 118 Rowell Rd
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Additional Details
Cap Rate
Self-Storage Units
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Stories
Listing Agency:
Grandstone Investment Sales
Listed By:
Meir Perlmuter · License #BK3443325
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 3:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grandstone Investment Sales
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Investment Insights
Based on property information with market context.
The self-storage property comprises 28,770 rentable square feet in four single-story buildings. Completed in 2006, the facility occupies a 1.95-acre site and contains 177 units, of which 168 are occupied, for 94.9% physical occupancy.
Located at 118 Rowell Road in Hampshire, Illinois, the property is presented with current and projected capitalization rates of 7.26% and 8.56%, respectively. The five-year projection indicates a 10.49% yield, with operating growth tied to moving in-place rents toward current street rates and professional management.
Located at 118 Rowell Road in Hampshire, Illinois, the property is presented with current and projected capitalization rates of 7.26% and 8.56%, respectively. The five-year projection indicates a 10.49% yield, with operating growth tied to moving in-place rents toward current street rates and professional management.
Key Highlights
- 28,770 rentable square feet across four single‑story buildings
- 177 storage units; 168 occupied, representing 94.9% physical occupancy
- Built in 2006 on a 1.95‑acre site
Property Analytics
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Current Use
Lease Details
94.9%
Occupancy
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
Explore this area
Business Placement
Demographics for 60140, IL
21,902
Population
7,325
Households
3
Avg Household Size
37
Median Age
38%
College-Educated
93%
High-School Grad
81.0 sq mi
ZIP Area
270
Density / Sq Mi
$114,675
Median Household Income
$58,111
Median Earnings
$1,379
Median Rent
$316,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Four separate buildings provide a single-story layout for the storage operation.
Where is this self storage facility located?
The property is located at 118 Rowell Rd Hampshire, IL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 28,770 rentable square feet across four single‑story buildings; 177 storage units; 168 occupied, representing 94.9% physical occupancy; Built in 2006 on a 1.95‑acre site
