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Chicago & Midwest  + Greater Chicagoland  + Retail  | 

Coldwell Banker Commercial Arranges Deal for Kane County Storage Facility

Coldwell Banker Commercial Real Estate Group represented the buyer in the purchase of US 30 Self Storage, located at 1400 Bohr Ave., in the Kane County community of Montgomery, IL. The transaction was valued at $3.4 million.  

The property is a Class A self-storage facility for 278 enclosed self-storage units, and 268 premium paved parking spaces for boats and RV’s. It was originally constructed in 2005, and additional enclosed units were added in 2021. 

Richard Faltz and Coldwell Banker Commercial Real Estate Group provided transaction advisory services to the undisclosed buyer to identify various self-storage acquisition opportunities, which met the needs of the buyer as part of this assignment and successful negotiation on behalf of the buyer. Faltz specializes in self-storage investment as the premier tax advantaged hedge to current inflation markets. 


Inside The Story

Coldwell Banker Commercial

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition