1230-1242 W Washington Blvd - Extra Space Storage Chicago 45,853 SF Specialty Building Offered For Sale in Chicago, IL 60607

VIEW OFFERING MEMORANDUM AND DUE DILIGENCE: https://selfstorageadvisory.com/properties/extra-space-storage-chicago/
CBRE’s Self Storage Advisory Group has been retained as the exclusive advisor for the listing of Extra Space Storage - Chicago, which consists of 671 units distributed across 45,853 net rentable square feet of interior climate controlled storage space. The facility offers a variety of valuable amenities including extended access hours, sturdy moving carts for heavy items, convenient loading dock, covered & heated loading bay, Sunday gate access, package acceptance and an on-site office.
The property is located in Chicago’s West Loop, a vibrant neighborhood just west of the city’s bustling downtown, within one of America’s economic powerhouses. Chicago boasts a diverse economy, with key drivers including finance, manufacturing, transportation, and technology, supported by its status as a global transportation hub with O’Hare International Airport and extensive rail networks. The city is home to prestigious universities like the University of Chicago, Northwestern University, and DePaul University, contributing to a student population of over 150,000 across the metro area, fueling innovation and a skilled workforce. The West Loop itself is undergoing a transformation, with major developments like the $7 billion Lincoln Yards project and the 78, a 62-acre mixed-use site, expected to create thousands of jobs—Lincoln Yards alone anticipates 20,000 new positions—and attract billions in investment, cementing the area’s appeal for real estate, tech, and commercial growth.