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672 Us Rt. 52 Road Amboy, IL 61310 Commercial - Industrial Active

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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 decently occupied. Rates are still based on initial pricing to attract new tenants. With the exception of the 10'x10' units all of the units are below market. 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!

Property Highlights

Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 2022
Lot Size: 2.96 acres

General Information

County: Lee
Listed By:
MR. LANDMAN 217-202-0924
MRED MLS
$530,000
Est. $3,469/mo
New to the Market Active
SQUARE FEET12,800 MLS#12598136
STATUSActive PROPERTY TYPECommercial - Industrial

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672 Us Rt. 52 Road, Amboy, IL 61310.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $530,000$530,000$530,000
Down Payment $106,000$18,550$132,500
Monthly Mortgage Amount $2,576$3,120$3,274
Taxes $738$738$738
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$233$0
Monthly Estimated Total $3,469$4,246$4,167

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