EquiCap Commercial closed the sale of Let’s Store It at 311 W. Etna Road in Ottawa, Illinois, just outside the Chicago suburbs.
This established self-storage facility offered a compelling combination of in-place cash flow and value-add potential.
The self-storage facility contains 249 units and sits on 1.79 acres. The brokerage team closing the team included Alex Erbs, director with EquiCap Commercial; and Scott Rihm and Jesse Luke, both partners.