17506 Chicago Ave, Lansing, IL 60438
18,742 SF Specialty Building Offered For Sale in Lansing, IL 60438
For Sale
Active
- Property Type
-
Specialty
- Square Feet
- 18,742 SF
Listing Contacts
Cole Carosella
Amy Hitchingham
Property Overview
Call for Offers Due: September 12, 2024
This is an excellent opportunity to own a newly renovated, well-kept, lightly managed self-storage facility in Lansing, IL. This site is well lit with commercial lighting throughout and is surrounded by freshly paved asphalt access roads. The property is monitored by 24-hour surveillance, with 32 cameras strategically positioned throughout the building. The new owner will be able to achieve outsized returns through revenue management and will have the opportunity to increase the U-Haul Neighborhood Dealer business model to their facility in order to create an additional revenue stream. This property is easily accessible from highway I-94, one of America’s busiest highways, which will help drive traffic to the self-storage facility.
Lansing, Illinois is a suburb of Chicago that offers its residents small-town charm and a close-knit community. Lansing features several public parks, well-rated schools, and retail shopping centers. Lansing’s eastern border runs across the Indiana/Illinois state line, and it is a short drive from the shores of Lake Michigan.
This is an excellent opportunity to own a newly renovated, well-kept, lightly managed self-storage facility in Lansing, IL. This site is well lit with commercial lighting throughout and is surrounded by freshly paved asphalt access roads. The property is monitored by 24-hour surveillance, with 32 cameras strategically positioned throughout the building. The new owner will be able to achieve outsized returns through revenue management and will have the opportunity to increase the U-Haul Neighborhood Dealer business model to their facility in order to create an additional revenue stream. This property is easily accessible from highway I-94, one of America’s busiest highways, which will help drive traffic to the self-storage facility.
Lansing, Illinois is a suburb of Chicago that offers its residents small-town charm and a close-knit community. Lansing features several public parks, well-rated schools, and retail shopping centers. Lansing’s eastern border runs across the Indiana/Illinois state line, and it is a short drive from the shores of Lake Michigan.
Property Details
- Class
- C
- Year Built
- 1973
- Stories
- 1
- Property Subtype
- Self-Storage
- Lot Size (sq. ft)
- 33,106 SF
Highlights
- Newly renovated self-storage facility featuring advanced climate control systems and a modern aesthetic
- Faster than market lease up – 53% occupancy since opening in October 2023
- Ability to utilize the U-Haul Neighborhood dealer business model for increased revenue streams
- Property is easily accessible from highway I-94, one of America’s busiest highways and the main corridor between Chicago and Detroit
Nearby Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].