Self-Storage Facility Investment
200-208 E North, Pearl City, IL 61062
Commercial - PEARL CITY, IL
Property size:
11,936 SFLot size:
2.50 AcresPrice / SF:
$15/SF- Added:
- Sep 12, 2025
- Days on Market:
- 253
- Last Refresh:
- May 22 at 4:06 pm
Property Features for 200-208 E North
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 1709152004
- Size
- 11,936 SF
- Lot size
- 2.50 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5087
Utilities
- Heating system
- None (Heating)
Building Details
- Building materials
- Concrete, Frame
- Roof type
- Metal, Shingle
- Architectural style
- Other
Listing agent Nick Block License #471022402 (815) 493-2829
Listing office Fawn Ridge Real Estate Co. 3-203 ASSOCIATION DRIVE, Lake Carroll, IL (815) 493-2829
Listing date Sep 12, 2025
MLS# 202505607
Listing URL
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High Occupancy Rate: Currently operating at 96% occupancy, indicating strong demand and immediate income generation.
- Revenue Growth Potential: Rental rates are below market averages, offering a clear opportunity to increase revenue by adjusting rates.
- Expansion Capacity: The 2.5‑acre site provides land for the development of additional storage buildings, allowing for future scalability.
- Stabilized Income‑Producing Asset: Presents investors with a reliable and consistent income stream from existing storage units.
- Recent Capital Improvements: Includes new overhead and roller door replacements, and steel roof installations on larger buildings, reducing immediate maintenance concerns.
- Significant Storage Space: Features 27 rentable units with approximately 11,936 square feet of covered storage space.
Overview
This self-storage property in Pearl City, IL, features four buildings with 27 rentable units, offering approximately 11,936 square feet of covered storage space on 2.5 acres. The unit mix includes 22 units at approximately 250 sq ft each (10x25) and 5 larger units in 2 additional buildings. The site has expansion capacity for additional buildings. Currently operating at 96% occupancy, the facility's rental rates are below market averages, presenting an opportunity for revenue growth. The buildings have been regularly maintained. 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 property offers a stabilized income-producing asset with immediate upside potential through rental rate adjustments and marketing outreach, as well as future scalability through land development opportunities.
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Location Insight
- Map
- Local Demand
- City
- Pearl City
- County
- Stephenson
- State
- Illinois
- Longitude
- -89.824194
- Latitude
- 42.26638
FAQs
What type of property is this?
Self storage facility - 27-unit self-storage facility with expansion potential in Pearl City, IL.
Where is this self storage facility located?
The property is located at 200-208 E North Pearl City, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: High Occupancy Rate: Currently operating at 96% occupancy, indicating strong demand and immediate income generation.; Revenue Growth Potential: Rental rates are below market averages, offering a clear opportunity to increase revenue by adjusting rates.; Expansion Capacity: The 2.5‑acre site provides land for the development of additional storage buildings, allowing for future scalability.
