Industrial N Illinois

Marcus & Millichap arranges sale of Bloomington, IL self-storage facility

Marcus & Millichap arranges sale of Bloomington, IL self-storage facility,ph1

Marcus & Millichap facilitated the sale of U-Lock-It Mini Storage, a 553-unit self-storage facility located in Bloomington, Illinois, according to Steven D. Weinstock, regional manager and first vice president of the firm’s Chicago Oak Brook office. Terms of the transaction were not disclosed.

Sean M. Delaney, senior vice president and investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a limited liability company, was also secured and represented by Delaney.

U-Lock-It Mini Storage is located at 2427 S Main St in Bloomington, Ill. Consisting of 69,110 net-rentable square feet, U-Lock-It Mini Storage offers 441 non-climate-controlled units and 112 climate-controlled units on 6.35 acres of land.