Prime Self-Storage Development Land In Olympia Fields, Illinois For Sale
Outstanding opportunity to acquire a large-scale self-storage development site in a high-demand Chicago suburban market, just 20 minutes from downtown Chicago.
This 7.13-acre commercial land offering is positioned in prestigious Cook County, Illinois, and is ideally suited for a modern climate-controlled self-storage facility. Approximately 3.5 acres are allocated for storage development, with an additional 3.63 acres available for creative use, access, drainage, or Boat and RV storage. The seller anticipates approval for a 3-story climate-controlled facility totaling approximately 135,000–137,214 net rentable square feet (NRSF).
The site benefits from its location within one of the most populous and economically diverse counties in the Midwest. Within a 3-mile radius, the area is home to approximately 165,000 residents, many with household incomes exceeding $100,000. Current self-storage supply in the trade area is extremely constrained at roughly 6 square feet per person, well below industry equilibrium, supporting strong long-term demand and lease-up potential.
This property presents a rare chance to develop in a mature, supply-constrained market with high barriers to entry. Cook County’s established infrastructure, robust transportation network, and strong employment base provide long-term stability and consistent absorption for well-located self-storage assets. The seller is open to owner financing, joint venture arrangements, or land banking, offering flexibility for investors and developers.
Full details, zoning information, and development concepts are available upon request.
