672 US Rt. 52 Amboy, IL $ 700,000
672 US Rt. 52
$ 700,000
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672 US Rt. 52

Amboy, IL, 61310
$ 700,000
Baths0.0 Sq 12,800

Monthly Estimate*

$ 4,652

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Studio

Commercial Property for sale in Amboy, IL

for $700,000. This 12,800 square foot building was built in 2022 on a lot size of 2.96.

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!

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Commercial Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 46

Style

Lot Size

2.96

Year Built

2022

Town/City

Amboy

County/Region

Lee

MLS | Web ID

12026068

Features
General
Cooling None
Possession Closing
Roof Metal
Zoning OTHER
Construction Materials Wood Frame
Year Built 2022
Electric None
Tenant Pays Varies by Tenant
Stories 1
Property SubType Manufacturing / Warehousing Other
Tax Year 2022
Gross Income 0
County Lee
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Status Active
Directions Located on US Rt. 52 south of Amboy on the east side of the road.
City Amboy
Total Units 68
MLS Area Amboy
Lot Size Square Feet 128937
Street Name US Rt. 52
Tax Annual Amount 46.32
Additional Parcels Y/N N
Leasable Area 12800
Days on Market 6
Standard Status Active
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Exterior
Building Area Total 12800
Lot Dimensions 299 X 25 X 329 X 455 X 452
Lot Size Acres 2.96
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* Excluded Features
List By
Mr. Landman

Broker

jonfisher1991@gmail.com

Email

Affordability Calculator

$4,656
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,652
Monthly Property Taxes
$4
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$700,000 Listed Price

Map


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672 US Rt. 52, Amboy, IL, 61310 is a Commercial Property for sale at $700,000 with 12,800 sqft and a lot size of 2.96. 672 US Rt. 52 is a studio with 0.0 baths and was built in 2022. The property's zip code is 61310 which is in Amboy, IL