Think about things like the demand for rentals and the accessibility of facilities, schools, and public transit.Understand Property Taxes: Depending on the neighborhood and kind of property, property taxes in Chicago might differ greatly.

Still all  in of about 100-120k assuming you split the down payments with subway on 2 facilities.

Hello Storage Facility Owners and Operators,I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand that, on average, total expenses for a well-run facility should equate to about 35% of the Gross Income.

I can smell what's cooking

We’ve tried to vertically integrate and we just signed on our own linen facility, we own our cleaning company, etc.  

If you do decide to list and target travelers, you may have luck targeting the travelers that are going to the medstar facilities in that area. 

Playground facilities.

Add on potential electrical main panel upgrades to handle the increased load (assuming no gas service, they'll be cooking and heating with electricity in the ADU), along with drawing and permit fees and you're maybe another $5k. 

I'm also well into the process of turning this duplex into a residential independent senior living facility, which will increase my monthly cashflow by 25k before expenses. 

Cook plenty and don't be so picky with your leftovers where you are free to microwave them for a quick on the go bite on the way to wherever you are going to get out of the house.