Compass Self Storage – River Grove, Illinois (Chicago MSA)

Property Location

3000 North River Road
River Grove, IL 60171

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investment highlights

  • EXCELLENT BASIS // Purchase price allows for a new investor to acquire this facility at an attractive $73 per net rentable square foot.
  • DENSE INFILL LOCATION // The three-mile trade area has a population of over 180K with 63K households and average HH income of $81,000. Target, Menards, O’Hare International Airport, Best Buy, and Walgreens are all within a two-mile radius of the property. Over 28K cars pass by the facility per day.
  • SUBSTANTIAL UPSIDE // Opportunity to capitalize on below market rates and occupancy as well as improve efficiencies on expenses.
  • ADVANTAGEOUS SUPPLY/DEMAND DYNAMIC // The three-mile trade area has a favorable 4.32 square foot per capita.
  • OWNERSHIP // Out of state ownership and management exiting the Chicago market.
  • This listing may be purchased in conjunction with the Compass Self Storage – Lansing, IL listing

Broker Information

Charles "Chico" LeClaire

Executive Managing Director

Phone: 303.328.2025
Email: cleclaire@marcusmillichap.com
License: CO EA00147681

Adam Schlosser

Senior Vice President

Phone: 303.328.2044
Email: aschlosser@marcusmillichap.com
License: CO FA100050407

Steven Weinstock

Broker of Record

Phone: 630.570.2200
Email: steven.weinstock@marcusmillichap.com
License: 471.011175

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Contact The LeClaire-Schlosser Group