Homewood, IL
$1,350,000
Homewood Self Storage is a well-located self-storage facility located at 501 Ridge Road in Homewood, Illinois (60430). The property consists of 136 self-storage units totaling 16,180 rentable square feet. The facility benefits from a dense, established south suburban Chicago location with convenient access throughout the broader Homewood / Hazel Crest / Glenwood corridor, and sits near a wide range of everyday retail and service-based demand drivers that support consistent tenant traffic. Surrounding the site are several national operators—including Public Storage, CubeSmart, Storage Rentals of America, and U-Haul—further validating the depth of consumer demand and long-term viability for self-storage in this submarket. Importantly, the offering provides investors with a compelling trailing ~10% cap rate, creating immediate, durable yield with meaningful upside potential over time.
