Updated Jul 7, 2026
Jeffrey Herrmann & Sean Delaney Represent Seller In Sale Of 916-Unit Self Storage In Chicago
5251 North Kedzie Avenue
Building Size
72,899 SF
Asset Type
Self Storage
Closing
Jul 7, 2026
About this deal
AI
5251 North Kedzie Avenue is a newly built self-storage property located in Chicago, IL. The asset spans 72,899 square feet and includes 916 storage units.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: Not specified
- Address: 5251 North Kedzie Avenue
- Market: Chicago, IL
- Square Footage: 72,899
- Units: 916
Jeffrey Herrmann and Sean Delaney of Marcus & Millichap arranged the sale and represented the Illinois-based seller. Additionally, Sean Delaney procured the Texas-based buyer for this self-storage facility.
Traded’s record for 5251 North Kedzie Avenue in Chicago, Illinois covers a self storage sale from 2026. Reported inventory is 72,899 square feet across 916 units, or about 0 per square foot. Named participants on the 5251 North Kedzie Avenue sale are Sean Delaney, Jeffrey Herrmann. This page is the Chicago, Illinois file for the 5251 North Kedzie Avenue self storage sold: pricing, party profiles, and other closed self storage comps from the same Chicago sit in the Market section below. Filter that Chicago self storage set by closing date to see what else sold near 5251 North Kedzie Avenue around 2026. Cite this Jeffrey Herrmann & Sean Delaney Represent Seller In Sale Of 916-Unit Self Storage In Chicago sale when underwriting similar self storage product around Chicago, Illinois.
Players
Chicago Self Storage Market Snapshot
Boundary boundary · Self Storage · Sale transactions
Loading comparables…
Deal FAQ
Browse Chicago self storage sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93