Dec
17
EquiCap Brokers Sale of IL Self-Storage Facility
ByThe company represented the seller and the buyer, a Chicagoland-based operator, in the transaction. The Minooka, Ill., facility, All American Self Storage, fetched $2.3 million.
EquiCap Commercial has arranged the sale of All American Self Storage, a 31,750-rentable-square-foot facility in Minooka, Ill., for $2.3 million in an off-market transaction. EquiCap’s Self Storage Advisory Group represented the seller and the buyer, a Chicagoland-based operator, in the transaction.
Located at 1000 South Ridge Road, the facility provides access to interstates 80 and 55. All American Self Storage is 14 miles from the city of Joilet, Ill., and an hour’s drive from Chicago. Built in 2004, the five-building facility occupies 4.3 acres and comprises 213 units. The asset provides drive-up access, security cameras and parking spaces…
