672 Us Rt. 52, Amboy, IL

$700,000

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2.96

Acres

About 672 Us Rt. 52

Route 52 Self-Storage is located just south of Amboy, IL on US Hwy 52. The property has 2.96 acres. The facility currently consists of two buildings, (1) 40' x 140' and (1) 40' x 180'. There are currently 68 units in total with 12,800 rentable square feet. The facility was constructed in 2022. This is a non-climate controlled facility. Drive up friendly. No high docks. No fence but the facility utilizes security cameras and 37-new solar lights. The facility sits on 2.96 acres and the current owner estimates that there is enough land to build an additional 18,000 square feet of storage! The facility was completed in 2023 and is already over 66% occupied (far exceeding the national lease-up average of 3.5%/month). At this current rate the facility might be ready to begin construction on the next storage building in late 2024 or early 2025! Rates are still based on initial pricing to attract new tenants. With the exception of the 10'x10' units all of the units are under $.50/sq ft. Opportunity to increase marketing with Google, Facebook, and other online storage sites. Although Amboy is a smaller farming community it has additional sources of renters close by. This facility is approximately three miles away from Woodhaven Lakes RV Park in Sublette, IL. Woodhaven is one of the largest RV parks in the country with over 6,000 sites! Woodhaven serves as a weekend or summer home for thousands of Chicagoland residents. This facility is in a terrific location to capitalize on these commuting campers!

Features of 672 Us Rt. 52

MLS® # 12026068
Price $700,000
Bathrooms 0.00
Acres 2.96
Year Built 2022
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 672 Us Rt. 52
Area Amboy
City Amboy
County Lee
State IL
Zip Code 61310

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Roof Metal

Additional Information

Days on Market 22
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMR. LANDMAN

Listing Map

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