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JUST LISTED

CubeSmart (Managed)

Oak Forest, IL

DEAL SUMMARY

List Price:  Market Bid

NRSF:        84,667

Units:         834

                  330 upper climate-controlled units

                  429 lower climate- controlled units 

                  8 office spaces

                  67 parking spaces

Acres:        7.12

 

INVESTMENT HIGHLIGHTS

  • Excellent Opportunity to Acquire a Stabilized Storage Asset with a Significant Market Footprint in a Thriving Division of the Chicago MSA

  • Eight Years Remaining of Class 8 Tax Abatement with High Probability of Renewal

  • Capitalize on 2.5 Acres of Expansion Potential in the Rear of the Parcel

  • Strong Average Household Income Exceeding $80,000 Annually

  • Capitalize by Raising Rental Rates to Meet the Comparable Average

  • High-Barrier-to-Entry Market will Ensure Success for Years to Come

Listed in Cooperation with Cushman & Wakefield U.S, Inc (Broker of Record)

EquiCap Commercial 

1001 E. Main Street - Unit E

St. Charles, IL 60174

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