Home Real Estate Marcus & Millichap Arranges Sale of Wilmette Self-Storage Property
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Marcus & Millichap Arranges Sale of Wilmette Self-Storage Property

Marcus & Millichap arranged the sale of Lake Avenue Lock-Up, a 45,250-square-foot self-storage property located in Wilmette, Illinois.

Jeffrey Herrmann, first vice president, and Sean Delaney, Senior Managing Director, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Herrmann and Delaney.

Lake Avenue Lock-Up is located at 3632 Lake Avenue in Wilmette. The North Shore self-storage asset received multiple competitive offers and is situated in a strong demographic area with a high barrier to entry and limited supply.

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