Midwest Self Store-It
Illinois Self Storage Portfolio - Three Locations
Marketing description
The Midwest Self Store-It portfolio includes three self-storage properties located in Galesburg, Macomb, and Carthage in west-central Illinois. Together, the facilities offer approximately 23,700 rentable square feet across 202 units and are currently around 68% occupied, providing steady, in-place income with upside through lease up. The properties feature a mix of drive-up and climate-controlled units, durable steel construction, and additional room to expand in Galesburg, making this a solid, easy-to manage portfolio in stable Midwest communities.
The Galesburg property includes 6,600 square feet across 32 drive-up units and sits on nearly an acre, with extra land available for future expansion. The Macomb location is the largest in the portfolio, offering 15,300 square feet and 110 drive-up units in a modern steel building. The Carthage property features 60 units totaling roughly 1,810 square feet, including interior climate-controlled storage that adds variety to the unit mix.
All three locations have 24/7 camera surveillance and are run efficiently with streamlined management. Customers can rent and pay online, making the facilities easy to operate and convenient to use.
Investment highlights
- Three-Property Portfolio with Solid Scale: Located in Galesburg, Macomb, and Carthage, the portfolio includes about 23,700 square feet across 202 units, giving investors a well-sized presence in steady west-central Illinois communities.
- Streamlined, Remote Management: Supported by an established online leasing platform and Storable Edge software, the facilities offer automated operations, digital customer access, and a turnkey transition for a new owner.
- Well-Rounded Unit Mix: Galesburg and Macomb primarily offer drive-up units for convenient access and efficient management, while Carthage provides climate-controlled units to serve tenants.
- Room to Grow in Galesburg: The Galesburg property has extra land that could be used to add more units, creating an opportunity to increase income in an already established location.
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