Amboy, IL 61310 672 US Rt. 52

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Presented By: MR. LANDMAN
  • MLS# 12026068
  • 04/10/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 12,800

Home Details

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!
Presented By: MR. LANDMAN

General for 672 US Rt. 52

Additional Parcels Y/NNo
CityAmboy
Construction MaterialsWood Frame
CoolingNone
CountyLee
Days on Market6
DirectionsLocated on US Rt. 52 south of Amboy on the east side of the road.
ElectricNone
Gross Income
Leasable Area12800
Lot Size Square Feet128937
MLS AreaAmboy
Net Operating Income
NumberOfUnitsTotal68
Operating Expense0
PossessionClosing
Property SubTypeManufacturing / Warehousing, Other
Property TypeCommercial Sale
Property TypeIndustrial
RoofMetal
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount46.32
Tax Year2022
Tenant PaysVaries by Tenant
Year Built2022
ZoningOTHER

Exterior for 672 US Rt. 52

Building Area Total12800
Lot Dimensions299 X 25 X 329 X 455 X 452
Lot Size Acres2.96

Additional Details

Price History

Worth Clark

Price $700,000
MLS#12026068
List Date 04/10/2024
Property Type Industrial
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