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Central IL Portfolio – Savoy & Urbana

SAVOY & URBANA, IL
Self Storage
Central IL Portfolio – Savoy & Urbana
Call for Offers:
ends October 27, 2026

Deal Highlights

• Opportunity to Acquire a Well-Positioned 2 Property Portfolio Operating at 93% Physical Occupancy Across 75k NRSF

• The Property Offers Significant Upside Expansion Potential With The Ability To Raise Rates 20% To Match Market Rate

• Strong Demographics With Average Population 50k (3-Mile) 100k (5 Mile)

• The Submarket Features 9 Square Feet of Storage Supply per Capita in the 3&5 Mile Radius & Strong Demographic Growth in the Surrounding Trade Area, Ensuring a Consistent and Reliable Customer Base in a High-Barrier-to-Entry Market

• This Portfolio Offers Great Synergy Between the 2 Properties Allowing Coupled Management

Address: 116 E Church St, Savoy, IL 61874 & 1808 Philo Rd, Urbana, IL 61802
Price: $6,250,000
Pro Forma NOI: $500,768
Net Rentable Square Feet: 74,859 NRSF
Unit Count: 407
Lot Size: 8.89 Acres
Status: Active
Year Built: 1985

*Lead broker information is located within the offering memorandum.

Listed By: Jennifer Stein Real Estate, Inc. IL RE Lic # 478.027711

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