RDAA Express Inc. Acquires Self Storage In Aurora For $2M On Ridgeway Avenue

Located in Aurora, Illinois, the industrial storage property at 901 Ridgeway Avenue spans 23,820 square feet on 3.18 acres of land. The property was recently sold for $2,000,000, showcasing high demand for industrial outdoor storage facilities in the region. Boasting four buildings and substantial outdoor storage and parking space, the property stands as a strategic investment in a prime location near Chicago.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $2,000,000
• Address: 901 Ridgeway Avenue
• Market: Aurora
• Square Footage: 23,820
• Price per Square Foot: $84

RDAA Express Inc. acquired the property from Ridgeway Partners, LLC, in a swiftly closed deal that attracted multiple offers, indicating the robust demand for such facilities in the area. Representing the buyer was Michael Kammes of Re/Max Commercial, while Jeff R. Rowlett of Marcus & Millichap acted as the seller's representative, overseeing the seamless transaction.