Your complete guide to self-storage business transactions. Valuations, real estate, and operational considerations.
Illinois self-storage facilities serve residential and commercial customers with secure storage space. The industry benefits from population mobility, downsizing trends, and business storage needs.
Storage facilities benefit from recurring revenue, low operating costs, and real estate appreciation. Success depends on location, occupancy rates, and effective revenue management.
| Business Type | Multiple/Rate | Basis |
|---|---|---|
| Small Facility (<30K SF) | 6-9% Cap Rate | NOI |
| Mid-Size (30-75K SF) | 6-8% Cap Rate | NOI |
| Large Facility (>75K SF) | 5-7% Cap Rate | NOI |
| Climate-Controlled | 5-7% Cap Rate | NOI |
Traditional outdoor access units.
Temperature-regulated units.
RV, boat, and auto storage.
Indoor elevator-access facility.
Delivered storage containers.
Business and warehouse storage.
Get expert guidance for your Illinois storage transaction.