Chicago Northside Storage
Chicago, IL
Executive Summary
CBRE's Self Storage Advisory Group is retained as the exclusive listing advisor for Chicago Northside Storage, which consists of 882 units distributed across 55,825 net rentable square feet of ground level drive-up and interior non-climate-controlled, heated, and climate-controlled storage space along with 1,626 net rentable square feet of covered parking spaces and 5,150 net rentable square feet of outdoor parking spaces. The facility is located in close proximity to Interstate 90 (272,600 VPD traffic count) in a well-populated and rapidly growing area, with a large population of 1,228,048 people and 43,093 future residential units in the development pipeline within a 5-mile radius.
Chicago, IL stands out as a dynamic Midwestern economic powerhouse, driven by a diverse economy rooted in finance, logistics, education, and innovation. The city benefits from robust transportation and freight infrastructure, including the Port of Chicago, which handles approximately 26 million tons of cargo annually. Chicago’s knowledge economy is anchored by major institutions such as the University of Chicago (19,287 students) and a broader metropolitan higher‑education network totaling roughly 181,000 students, reinforcing a strong talent pipeline for future growth. The region also hosts the Naval Station Great Lakes, the Navy’s largest training installation, supporting over 20,000 personnel and contributing $4.6 billion to Illinois’ GDP. Major future‑focused projects such as The 78 redevelopment, the Obama Presidential Center, and extensive transit expansions add billions of dollars in planned investment, and are positioning Chicago for sustained, innovation‑driven growth in the decade ahead.
Investment highlights
Team
Brokerage Team
CBRE Self Storage Advisory Group provides personalized and tailored services, backed by the nation’s foremost experience and technology, driving successful real estate outcomes for individual and institution investors alike. As the industry leader in self-storage advisory, we bring unmatched buyer exposure and market knowledge to each transaction, delivering maximum value to clients.
With more than $11.4 billion in consideration and over 66.3 million square feet sold since 2009, this self storage team led by Nick Walker offers customized investment sales, acquisition and recapitalization services, together with industry-leading market intelligence, to provide unmatched exposure to buyers across the country. By leveraging the strength of CBRE’s Self Storage Advisory Group, in conjunction with market research, a seamless execution process and long-standing relationships, the team can anticipate trends and command capital globally, validating CBRE’s Self Storage Advisory Group as the safest and best choice for results in the global investment property capital market.
