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Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Alsip Self Storage, a 96,725-square foot self-storage located in Alsip, IL, according to Steven D.
The property is located at 5253 West 111th Street in Alsip, IL, and will be rebranded as Uncle Bob’s Self Storage?. Ranch Road 620 in Lakeway.LAKEWAY, TEXAS — Muskin Commercial has arranged the sale of 538 units at the All-Ways Storage facility located at 15402 Kollmeyer Drive and 911 N. Delaney, Vice President Investments, Director – National Self Storage Group and part of The Mele Group, located in Marcus & Millichap’s Chicago Oak Brook, office had the exclusive listing to market the property on behalf of the seller, a partnership.

The facility offers numerous amenities including, but not limited to, a professional on-site management office with a retail center, computerized digital gate access, 55 interior non-climate controlled units, video surveillance, perimeter fencing and security lighting. Paul Powell, Chief Investment Officer of Sovran Self Storage, commented, “This property is a solid addition to our Chicago portfolio. The site includes 131 climate-controlled and 386 non-climate-controlled units, along with 21 uncovered outside storage parking spaces.
The property sits on three tracts of land with frontage along RR 620.A Maryland-based self-storage company purchased the property. Ellen Muskin and Daniel Elam of Muskin Commercial represented the seller, All-Ways Self Storage LP of Austin, who was the original builder and developer of the property. It is now a very manageable 5 Acers zoned highway commercial with a specific amendment for self storage. LED lighting has been spread out throughout the property along with state of the art surveillance cameras.

Beyond the storage business this property leases out space and buildings generating extra monthly income.
A cell phone tower lease has also been signed adding another $1000.00 per month for 20 years, because of this contact the cell provider will also pay any increases in property taxes.
If you are looking to start a self storage business or simply put another dot on the map this is for you.

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