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Self Storage Facility with Drive-Through Bay
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901 W Lake Ave, Peoria, IL 61614

Newly built self-storage facility with 722 units, drive-through loading, and online access options.

Property Size88,140 SF
Days on Market132

Property Features for 901 W Lake Ave

General Information

Standard status Active
Size 88,140 SF
Property subtype Self Storage

Site & Location

Traffic Count 17,400 vehicles/day
Highway Access Yes

Amenities

drive-through loading bay
mobile app access
on-site store managers
24/7 video recording
boxes and moving supplies available for purchase on-site
package acceptance
online rentals and bill pay
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Nick Walker · License #CA 01827268
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 11:41AM

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 CBRE - Downtown Los Angeles

Investment Insights

Based on property information with market context.

A newly built self-storage facility offering 722 storage units across 88,140 net rentable square feet. The property includes a large drive-through loading bay and is operated as a CubeSmart location with on-site store managers. Access options include mobile app access and online rentals and bill pay, with 24/7 video recording. The facility also supports package acceptance, and boxes and moving supplies are available for purchase on-site. Month-to-month leases are offered.

The property is positioned in the Peoria, IL MSA on North Sheridan Road, close to major transportation routes Highway 150 and Interstate 74. It is local to Illinois Central College – East Peoria and the General Wayne A. Downing Peoria International Airport. The listing notes a traffic count of 17,400 vehicles per day passing the facility.

CubeSmart Self Storage is managed by a third-party manager, and the site is described as having been built to meet demand in a growing self-storage market.

Key Highlights

  • Newly built CubeSmart self‑storage facility with 722 units and 88,140 net rentable SF
  • Large drive‑through loading bay for easier move‑ins and loading
  • Month‑to‑month leases available

Property Analytics

Current Use

CubeSmart Self Storage Storage Facility Evergreen Square Shopping Center & Mall

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store HVAC Service Gym & Fitness Center Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,400 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

959
Businesses Nearby

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Newly built self-storage facility with 722 units, drive-through loading, and online access options.
Where is this self storage facility located?
The property is located at 901 W Lake Ave Peoria, IL.
What are key features of this property?
This property features: Newly built CubeSmart self‑storage facility with 722 units and 88,140 net rentable SF; Large drive‑through loading bay for easier move‑ins and loading; Month‑to‑month leases available
More about this property
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