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Institutional Self Storage Portfolio Chicago & Lincolnshire, Illinois

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Institutional Self Storage Portfolio Chicago & Lincolnshire, Illinois FOR SALE Institutional Self Storage Portfolio CHicAGO & LINCOLNSHIRE, ILLINOIS Managed by Extra Space Storage® on behalf of Institutional Owner. 7131 WEST 60TH STREET, CHICAGO, ILLINOIS he institutionally-owned portfolio located in metropolitan Chicago consists of four single-story self storage properties professionally managed by Extra Space Storage. The portfolio consists of recently renovatedT self storage facilities with approximately 227,665 square feet of rentable self storage space, 2,230 units, 85 parking spaces, and an additional 36,854 square feet of warehouse space. The portfolio has an overall physical occupancy of about 71%. Three of the properties (Pulaski, Harlem, and Cicero) are located in close proximity to Chicago’s Midway EXCLUSIVE AGENTS: Airport, providing economies-of-scale and operating efficiencies. Each features excellent population densities and infill-locations. The three Midway Airport area facilities have high visibility property signage Marc A. Boorstein, CCIM along major four and six lane thoroughfares with high traffic counts. The fourth property is located in Principal Lincolnshire, Illinois, an affluent Chicago suburb in Lake County. This facility is positioned within City Park 312.726.5800 ext. 013 Lincolnshire, an upscale mixed-use retail and commercial development. [email protected] The portfolio features exterior drive-up units, interior units, climate control, drive-in loading bays, spacious retail offices, wide driveways, and bright lighting throughout. Security features include 24/7 Jeffrey L. Jacobson digital surveillance, video monitors, digital key pad access, automated gates, and perimeter fencing. Principal Purchasers may retain Extra Space Storage or rebrand with new management. The Portfolio represents 312.726.5800 ext. 014 an ideal opportunity for an investor or operator to gain immediate market share in the dynamic Chicago metropolitan market. [email protected] PROPERTY FEATURES David E. Kohn, CCIM Vice President • Institutional-Ownership • Rentable Storage Size: 227,665 sq. ft. 312.726.5800 ext. 018 • Desirable Single-Story Properties • Warehouse Size: 36,854 sq. ft. [email protected] • Densely Populated, Infill Locations • Self Storage Units: 2,230 • Major Thoroughfares, High Traffic Counts • Vehicle Parking Units: 85 • Economies-of-Scale, Operating Efficiencies • Gross Potential Rental Revenue: $2,984,801 • Expansion Potential in Warehouse Space • Portfolio Price: $11,880,000 MJ PARTNERS SELF STORAGE GROUP 150 S. Wacker Dr., Suite 450 Chicago, Illinois 60606 312.726.5800 Fax 312.726.2905 www.mjpartners.com 4222 S. PULASKI RD., CHICAGO, IL 4821 W. 67TH ST., BEDFORD PARK, IL Institutional Self Storage Portfolio CHicAGO & LINCOLNSHIRE, ILLINOIS PULASKI ROAD HARLEM AVENUE 4222 South Pulaski Road, Chicago, Illinois 7131 West 60th Street, Chicago, Illinois Gross Size: 109,093 sq. ft. Gross Size: 97,863 sq. ft. Rentable Storage Size: 61,081 sq. ft. Rentable Storage Size: 55,584 sq. ft. Warehouse Size: 21,894 sq. ft. Warehouse Size: 14,960 sq. ft. Self Storage Units: 630 Self Storage Units: 590 Vehicle Parking Units: 23 Vehicle Parking Units: 40 Gross Potential Rental Income: $798,713 Gross Potential Rental Income: $811,428 Physical Occupancy: 69% Physical Occupancy: 73% Year Opened: 2000 Year Opened: 2001 & 2002 Site Size: 3.1 acres Site Size: 3.6 acres Population Estimate (3-Mile Radius): 354,248 Population Estimate (3-Mile Radius): 106,965 CICERO AVENUE LINCOLNSHIRE 4821 West 67th Street, Bedford Park, Illinois 200 Parkway Drive, Lincolnshire, Illinois Gross Size: 76,222 sq. ft. Gross Size: 66,334 sq. ft. Rentable Storage Size: 53,205 sq. ft. Rentable Storage Size: 57,795 sq. ft. Self Storage Units: 538 Self Storage Units: 472 Vehicle Parking Units: 21 Vehicle Parking Units: 1 Gross Potential Rental Income: $656,712 Gross Potential Rental Income: $717,948 Physical Occupancy: 78% Physical Occupancy: 64.0% Year Opened: 2003 Year Opened: 1986 Site Size: 2.5 acres Site Size: 3.8 acres Population Estimate (3-Mile Radius): 243,601 Average Household Income (3-Mile Radius): $127,244 45 21 60 LINCOLNSHIRE 200 PARKWAY DRIVE 94 41 LINCOLNSHIRE, ILLINOIS 34 Lincolnshire M i 12 l 14 w Buffalo Grove a u k e e LAKE 68 A v MICHIGAN e . 83 Northbrook 59 53 43 62 Arlington Heights Hoffman Estates 21 Wilmette 200 PARKway DR., LINCOLNSHIRE, IL 58 72 90 94 290 12 14 34 O’Hare International 20 Airport 43 41 34 294 290 90 64 Elmhurst 21 Oak Park 355 83 290 Chicago 38 88 34 55 Harlem Ave. HARLEM AVENUE 7131 W. 60TH STREET 88 . CHICAGO, ILLINOIS Ave Downers Archer PULASKI55th St. ROAD Grove Midway 4222 S. PULASKI ROAD International CHICAGO, ILLINOIS Airport 99 Naperville 171 79th St. 355 Bridgeview 50 CICERO AVENUE 4821 W. 67TH STREET 294 12 BEDFORD PARK, ILLINOIS . Ave 90 aski Rd. 55 83 l 57 Pu 171 Cicero 45 Blue 94 43 Island Orland Park No warranty or representation, expressed or implied is made as to the accuracy of the information herein, and same is submitted subject to errors, omissions, change of price or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals..
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