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Climate-Controlled Self Storage Facility
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1808 Philo Rd, Urbana, IL 61802

Online rentals, StorEDGE management software, keypad access, and an on-site office support daily operations.

Property SizeContact for details
Days on Market143

Property Features for 1808 Philo Rd

General Information

Standard status Active
Property subtype Self Storage
Occupancy 97%

Additional Details

Self-Storage Units 209

Amenities

Office on site
Keypad access

Building Details

Buildings 1
Listing Agency: Mr. Landman
Listed By: Jon Fisher · License #IN RB18000549
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:32PM

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 Mr. Landman

Investment Insights

Based on property information with market context.

This self storage facility contains 209 climate-controlled units in a single building, with unit sizes ranging from 5x5 to 10x30. The property includes 20,332 square feet of climate-controlled storage space, an on-site office, keypad entry integrated with StorEDGE, and Opentech security service. Current occupancy is 97.2%. Urbana has approved a 3,900 square foot drive-up expansion, and additional commercial space has been prepared but is currently vacant.

The property also includes a commercial tenancy with DSC, which occupies 20,000 square feet under a long-term lease and pays one-quarter of the sewer bill. A cell tower on the premises contributes its pro rata share of property taxes. The facility is located in Urbana within the Champaign-Urbana metropolitan area, home to the University of Illinois Urbana-Champaign and more than 50,000 students.

Key Highlights

  • 209 climate‑controlled units ranging from 5x5 to 10x30
  • 20,332 square feet of climate‑controlled storage space
  • 97.2% current occupancy

Property Analytics

Current Use

Urbana Secure Self ... Storage Facility Home Remodeling Professionals Hardware & Home Improvement Prairie Built Barns ... Construction Company UPS Access Point ... Courier Service T C Tatman ... Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Auto Repair Shop

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

97.2%
Occupancy

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
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 - Online rentals, StorEDGE management software, keypad access, and an on-site office support daily operations.
Where is this self storage facility located?
The property is located at 1808 Philo Rd Urbana, IL.
What are key features of this property?
This property features: 209 climate‑controlled units ranging from 5x5 to 10x30; 20,332 square feet of climate‑controlled storage space; 97.2% current occupancy
(217) 202-0924 Call to check price and availability
More about this property
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