I think college students will start to become more picky and will want more space, nicer amenities and nicer housing (especially if mom and dad are paying for it).If you are an operator that provides a superior service and product, I think you will be fine.

The space is very crowded now, but overall I think they are a small footprint with corresponding risk.

I've been following commercial real estate for the past few years and I've developed a personal preference for the STNL space.

The two halves do not have any shared space.

Looking for recommendations for a Chicago-area crawl space excavation. 

I would bid based on SFH and consider it a mother in law bonus space.

The building is a 1925 - built two flat that I am entertaining the idea of adding living space upwards.

looks like a good use of the space to me.it's already commercially zoned and would be it's intended purpose. 

Have you ever heard of people renting out garage space for storage?

I would start by talking to the renters to gauge interest before crunching the numbers and moving forward.You could also convert the space into indoor storage.