Elm Storage
Rockford, IL
Asking price
$3,300,000
Units
403
Cap rate
—
Price / unit
$8,189
About this property
Argus Self Storage Property Listings Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Listings Who We Are Find A Broker What We Do News & Research Market Monitor Presentations Industry News Closings Contact Elm Storage Back to Results Rockford, IL $3,300,000 The subject property, Elm Storage, is a lease-up opportunity, offering investors a compelling value-add opportunity through operational and revenue optimization. The asset is currently operating below its full potential, with occupancy levels and achieved rental rates significantly under market benchmarks, creating a clear path to drive revenue through lease-up and the implementation of professional management practices. The property features a functional unit mix designed to accommodate a wide range of tenant needs, along with additional ancillary income streams including tenant insurance, retail sales, U-Haul, and administrative fees. With in-place rents below comparable properties and an expense structure that can be streamlined, investors are well-positioned to materially increase net operating income and overall asset value through a focused repositioning strategy. Click HERE to Access NDA $3,300,000 View Executive Summary Request Offering Memorandum All fields are required. I am a Principal I am a Broker I accept the Disclaimer . Property Info $3,300,000 41,703 RSF 403 Units Contact Listing Broker Listing Broker Bruce Bahrmasel 312-518-3550 E
All details
| Asking price | $3,300,000 |
|---|---|
| Units | 403 |
| Price per unit | $8,189 |
| Building size | 41,703 sq ft |
| First seen | Sep 6, 2026 |
| Last verified | Sep 7, 2026 |
