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!
Price
$700,000
Lee
12,800 (approx)
12026068
Active
Description
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!
Listing Information
Property Type: Industrial, Business Opportunities, 1 Story
2.96 Acres
12,800 (approx)
2022
1
68 Total
Neighborhood
Room Information
Interior Features
None
Exterior / Lot Features
Metal
299 X 25 X 329 X 455 X 452
OTHER
Driving Directions
Located on US Rt. 52 south of Amboy on the east side of the road.
Financial Considerations
15362000160000
$46
Listing Price History
Amboy Real Estate
Amboy is located in Illinois.
Amboy, Illinois 61310 has a population of 2,417.
The median household income in Amboy, Illinois 61310 is
$59,868.
The median household income for the surrounding county is $60,397
compared to the national median of $66,222.
The median age of people living in Amboy 61310 is 42 years.
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Courtesy: MR. LANDMAN
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