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    200-208 North St E, Unit North Pearl City, IL 61062

    For Sale
    $225,000

    Commercial - PEARL CITY, IL

    Days on Market:
    61
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 200-208 North St E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    1709152004

    Utilities

    Heating system
    None (Heating)

    Building Details

    Building materials
    Concrete, Frame
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Fawnridge Realty Inc. (815) 493-2829 [email protected]

    Listing agent Nick Block (815) 493-2829 License #471022402

    Listing date Oct 14, 2025

    MLS# 202505607 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Self-Storage Facility Investment Opportunity

    This self-storage property in Pearl City, IL, features four buildings with 27 rentable units, totaling approximately 11,936 square feet of covered storage space on 2.5 acres. There are 22 units at approximately 250 sq ft each (10x25) and 5 larger units in 2 additional buildings. The site offers expansion capacity for additional building development. The facility operates at 96% occupancy, with rental rates below current market averages, indicating revenue growth potential. Buildings are regularly maintained for operational functionality and weather protection. 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 presents investors with a stabilized, income-producing asset with immediate upside potential through rental rate adjustments and marketing outreach, plus future scalability through land development opportunities.
    Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Building Supply Wholesale Shop Auto Repair Shop Kitchen & Bath HVAC Service Bar & Pub Convenience Store Daycare Center Plumbing Service Laundry Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pearl City
    County
    Stephenson
    State
    Illinois
    Longitude
    -89.824194
    Latitude
    42.26638

    Nearby Similar for Sale

    • $350,000

      Turn-Key Restaurant and Bar Opportunity

      Restaurant and bar with real estate, equipment, and dedicated staff.
      101 E Devore Ave, Pearl City, IL 61062
      View Details

    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 North St E, Unit North Pearl City, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    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.
    (815) 493-2829
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    Pearl City, IL 61062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200-208 North St E, Unit North Pearl City, IL 61062
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