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Chicago & Midwest  + Chicago  + Greater Chicagoland  + Illinois  + Industrial  | 

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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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.