EXECUTIVE SUMMARY
PBG Reference No.: S917

FULL SERVICE SELF STORAGE

We are pleased to present this business opportunity for your review. Premier Business Group, Ltd. is one of the leading business brokerage firms in the Midwest. We specialize in representing manufacturing, distribution and service companies in the divestiture process. The Seller pays our fees; there is no monetary obligation to prospective purchasers. Premiers' expertise includes assisting in structuring the transaction and financing. We encourage you to make an appointment with the broker listed on this offering to discuss your needs, to obtain further information regarding the company you are inquiring about, and to receive information on other companies that may be of interest.

Great investor opportunity! Full service self-storage center. Located off a very busy main Route with high visibility and large signage facing the busy road. The bright white buildings with orange doors instantly let everyone know this a self-storage center. Total 127,650 square feet (2.9 acres +-) Zoned commercial industrial. Gross building area of 20,489 square feet divided onto 90 units ranging in size from 50 – 2000 square feet. In addition to the storage units there is 4,000 square feet allocated to outside storage. Buildings are a mix of steel and concrete block construction.

The buildings and property grounds just underwent a complete remodel that has completely transformed the appearance to a very modern self-storage. Very nice freshly remodeled manager’s apartment located above the main office currently not occupied. Entire grounds are gated with coded locks for convenient 24 hour tenant access. A very part time manager works on call about four hours per week. Owner estimates the $750 month apartment could be traded for the part time management needed to show empty units and collect rents at the end of the month. Otherwise the company is run absentee!!

• Location: Northwest Suburbs of Chicago
• Gross Income: $ 123,820
• Net Income: $90,696
• Asking Price: $695,000

MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000

This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.