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Operating Self-Storage Facility For Sale

1001 W Route 34 Plano, IL 60545

Claim this Listing
For Sale
$575,000

COMMERCIAL - Plano, IL

Property size:
9,600 SF
Lot size:
0.79 Acres
Price / SF:
$59/SF
Added:
Aug 7, 2025
Days on Market:
340
Last Refresh:
Jul 12 at 7:06 am

Property Features for 1001 W Route 34

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
0128227017
Size
9,600 SF
Lot size
0.79 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
8329

Building Details

Floors in Building
1

Listing agent Daniel Flanagan License #471000084

Listing office Flanagan Realty, LLC. 36W739 Red Haw Lane, St Charles, IL

Listing date Aug 7, 2025

MLS# 12440456

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This operating self-storage facility is located adjacent to a gas station and convenience store. It consists of four Morton buildings, each 2,400 square feet, situated on 0.79 acres. The property benefits from high visibility and easy access on busy Route 34. This offers a hands-free income opportunity. Interested parties should submit a Letter of Intent (LOI) with terms where the buyer agrees to complete a purchase of the property. A restriction will be placed against uses competitive with convenience stores.

Key Highlights

  • Operating self‑storage facility providing immediate income.
  • Located on busy Route 34 with great visibility and access.
  • Adjacent to gas station and convenience store, potentially increasing traffic.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $62.2k $6.48
− Vacancy −$3.2k −$0.33
EGI $59.0k $6.15
− OpEx −$17.7k −$1.84
NOI $41.3k $4.30
9,600 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%

Alternative Uses

Best Use
Self Storage
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,801 @ 7.0% cap · market cap 15.62%
Second Best
Industrial
$590.4K
$516.6K – $688.8K (±1% cap)
NOI $41,325 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$3.31M
$2.90M – $3.87M (±1% cap)
NOI $232,011 @ 7.0% cap · market cap 40.35%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Self storage facilities

FAQs

What type of property is this?
Self storage facility - Operating self-storage facility on 0.79 acres with great visibility.
Where is this self storage facility located?
The property is located at 1001 W Route 34 Plano, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Operating self‑storage facility providing immediate income.; Located on busy Route 34 with great visibility and access.; Adjacent to gas station and convenience store, potentially increasing traffic.
Contact an agent
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