Staff Backs Class 8 Renewal for iStorage Facility

City staff recommended renewing the Cook County Class 8 property tax incentive for NSA Property Holdings LLC dba iStorage at 4325 Frontage Road, continuing tax relief critical to the site’s ongoing self‑storage operations. The renewal would extend the incentive from 2027 through the remaining life of the program as the prior 2017 approval approaches expiration.

Document date · September 2, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Class 8 Cook County property tax incentive renewal effective in 2027 through approximately 2035

Renewal date

2035-12-31

Renewal

Original Cook County Class 8 incentive approved in 2017 for Cube Smart; current owner NSA Property Holdings LLC seeks first renewal, proposed to take effect in 2027 as the existing incentive matures in 2028.

Document type

AgendaPacket

Source document

City of Oak Forest Economic Advisory Council Agenda Packet 2026-09-02

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Oak Forest?

Nsa Property Holdings Llc Dba Istorage was awarded this financial services contract by City of Oak Forest, as recorded on September 2, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Oak Forest Economic Advisory Council Agenda Packet 2026-09-02 (AgendaPacket), dated September 2, 2026 from City of Oak Forest. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nsa Property Holdings Llc Dba Istorage hold?

Nsa Property Holdings Llc Dba Istorage may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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