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Self-Storage Facility

Compass Self Storage

3000 N River Rd, River Grove, IL 60171

Listing Price: $5,750,000

Cap Rate
87.60%
Number of Units
715
Occupancy
29.7%
Gross SF
78,360
Rentable SF
78,360
Price/Rentable SF
$73.38
Year Built
2014

Investment Overview

One large single-story indoor climate-controlled building converted from a light industrial use with modular units in the rear. There are six loading bays, one gated driveway for access to drive-up units, and nine separate entrances to the climate-controlled units.

Investment Highlights

  • Purchase Price Allows For A New Investor To Acquire This Facility At An Attractive $73.00 Per Net Rentable Square Foot.
  • The Three-Miles Trade Area Has A Population Of Over 180K With 63K Households And Average HH Income $88,100.
  • Opportunity To Capitalize On Below Market Rates And Occupancy As Well As Improve Efficiencies On Expenses.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Self-Storage Facility

Compass Self Storage

Listing Price: $5,750,000

Cap Rate
87.60%
Number of Units
715
Occupancy
29.7%
Gross SF
78,360
Rentable SF
78,360
Price/Rentable SF
$73.38
Year Built
2014

Investment Highlights

  • Purchase Price Allows For A New Investor To Acquire This Facility At An Attractive $73.00 Per Net Rentable Square Foot.
  • The Three-Miles Trade Area Has A Population Of Over 180K With 63K Households And Average HH Income $88,100.
  • Opportunity To Capitalize On Below Market Rates And Occupancy As Well As Improve Efficiencies On Expenses.

Investment Overview

One large single-story indoor climate-controlled building converted from a light industrial use with modular units in the rear. There are six loading bays, one gated driveway for access to drive-up units, and nine separate entrances to the climate-controlled units.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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