|Number of units||587|
LOCATION: The property is situated at 3914 111th St, just off the corner of S Pulaski Rd and W 111th St
ACRES: ±0.56 acre lot (24,217 square feet)
FRONTAGE: The property has approximately 135 feet of frontage along 111th St
TRAFFIC COUNT: ±19,850 VPD (W 111 St); ±27,800 VPD (S Pulaski Rd)
UTILITIES: Gas: Peoples Gas | Electricity (Solar Metering): ComEd | Electricity:
Constellation New Energy | Water/Sewer: City of Chicago
YEAR BUILT: Late 2017
CONSTRUCTION DETAIL: The facility consists of a single, three level building
ELEVATOR DETAIL: Three 4500 lb Holeless Hydraulic Passenger Elevators
CLIMATE CONTROLLED: The facility is 100% climate controlled
FEATURES AND AMENITIES: The facility includes surveillance cameras, heated and covered loading bay, cylinder unit locks, climate control throughout, and onsite management
MANAGEMENT: The property is professionally managed by Extra Space
SECURITY: The facility is equipped with a 24-hour video surveillance system
OPERATION HOURS (OFFICE):
Mon - Fri: 9:30 AM - 6:00 PM
Sat: 9:00 AM - 5:30 PM
OPERATION HOURS (GATE): Everyday: 6:00 AM - 10:00 PM
NEW BEST IN CLASS CONSTRUCTION
Chicago 111th Self Storage at 3914 111th St is constructed to Class A standards with
an assortment of modern features and amenities – including 100% climate-controlled
units. In addition, the property is uniquely suited to protect customers from Chicago’s harsh winter weather.
EXCELLENT VISIBILITY TO OVER 47,500 VPD
Chicago 111th Self Storage has excellent visibility to 111th St (19,850 VPD) and S Pulaski Rd (27,800 VPD).
MINIMAL SURROUNDING COMPETITIVE SUPPLY
The area within a three-mile radius of Chicago 111th Self Storage contains only 6.31 square feet of storage space per person, well below what is typically found in dense, urban areas. This lack of nearby supply and upcoming development bodes well for future rate growth.
HIGH INCOME AREA WITH DENSE POPULATION
There are over 143,000 residents with an average household income of over $95,000 within a three-mile radius of the property. The average household income is projected to grow at an annual rate of 2.22% over the next five years.
PROXIMITY TO ACADEMIC INSTITUTIONS
Saint Xavier University is located less than 1.5 miles from Chicago 111th Self Storage. The University has over 3,500 students that live on and off campus, and the property is one of the closest facilities to the campus.