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Self-Storage Facility Near Chicago
For Sale
Contact for pricing
Pending

6807 Hobson Valley Dr, Woodridge, IL 60517

Self-storage facility 20 miles west of downtown Chicago.

Property SizeContact for details
Days on Market197

Property Features for 6807 Hobson Valley Dr

General Information

Standard status Pending
Property subtype Self Storage
Net Operating Income $119,044
Listing Agency: EquiCap Commercial
Listed By: Jesse Luke · License #IL 475.141490
Source: Crexi
Added: Feb 3 Changed: Aug 17 Last Checked: Aug 18 at 7:29AM

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 EquiCap Commercial

Investment Insights

Based on property information with market context.

This self-storage facility is located approximately 20 miles west of downtown Chicago, offering excellent visibility and convenient access from U.S. Highway 53 and the Veterans Memorial Tollway. These highways experience traffic counts exceeding 170,000 vehicles per day. The surrounding three-mile trade area includes 95,234 residents with 6.67 square feet of storage per capita. The five-mile trade area encompasses 260,017 residents with 5.47 square feet per capita, indicating undersupply and strong demand for storage in this market. The facility is currently operated with an on-site employee and leasing office. Operational efficiencies may be realized by installing keypad access at the entrances and implementing Davinci locks, allowing for a transition to a fully remote management model. There is an opportunity to increase revenue through lease-up, the implementation of existing customer rent increases, and the expansion of ancillary income streams. The Chicago–Naperville–Elgin MSA, the largest in Illinois, is home to more than 8 million residents, providing a massive population base and strong demand drivers for self-storage. The facility is located in the basement of a retail strip center.

Key Highlights

  • Prime location approximately 20 miles west of downtown Chicago with high visibility and convenient access from major highways (U.S. Highway 53 and Veterans Memorial Tollway).
  • Strong market demographics with a large population base (Chicago–Naperville–Elgin MSA with over 8 million residents).
  • Undersupply of storage in the trade area, indicating strong demand.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Pharmacy Big Box & Wholesale Store Parking Lot & Garage Restaurant Law Firm

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

Location Intelligence

Trade Area within ½ mile

630
Businesses Nearby

Demographics for 60517, IL

33,276
Population
13,270
Households
2.5
Avg Household Size
39
Median Age
45%
College-Educated
94%
High-School Grad
9.3 sq mi
ZIP Area
3,578
Density / Sq Mi
$96,357
Median Household Income
$52,991
Median Earnings
$1,507
Median Rent
$342,000
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 - Self-storage facility 20 miles west of downtown Chicago.
Where is this self storage facility located?
The property is located at 6807 Hobson Valley Dr Woodridge, IL.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Prime location approximately 20 miles west of downtown Chicago with high visibility and convenient access from major highways (U.S. Highway 53 and Veterans Memorial Tollway).; Strong market demographics with a large population base (Chicago–Naperville–Elgin MSA with over 8 million residents).; Undersupply of storage in the trade area, indicating strong demand.
More about this property
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