200-208 E North Street, Pearl City, IL 61062
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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144
$165,000
Est. payment /mo
11,936 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,936 sqft

Price per Sqft $13

MLS Listing ID 202505607

Annual Tax Amount $5,290

Tax Year 2024

Lot Size 2.490 Acres

Property Sub-Type Commercial

Property Description

Self-Storage Facility Investment Offering. This self-storage property consists of four buildings containing 27 rentable units with approximately 11,936 square feet of covered storage space situated on 2.5 acres of land. There are 22 units at approximately 250 sq ft each (10x25) and 5 larger units in 2 additional buildings. The site provides expansion capacity for the development of additional buildings. The facility is currently operating at 96% occupancy with rental rates positioned below current market averages, presenting a clear opportunity for revenue growth. The buildings have been regularly maintained to ensure operational functionality and protection from weather conditions. Recent capital improvements include a new overhead door on a large unit (2025), a roller door replacement on a smaller unit (2024), and steel roof installations on the larger buildings within the last five years. The property's larger buildings (five units) are located within an AE Flood Zone. This offering presents investors with a stabilized income-producing asset, immediate upside potential through rental rate adjustments and marketing outreach, and future scalability through land development opportunities. Buyer and or buyer agent to verify all information, sizes, square footage, figures, school zones, taxes, exemptions, and zoning. Sizes and measurements approximate.

Location

State IL

Schools

School District Pearl City 200

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NorthWest Illinois Alliance of REALTORS®
Listed by Fawn Ridge Real Estate Co.

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent License ID: 475192585

Agent License ID: 475192585

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200-208 E North Street

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