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Self-Storage Facility with Four Buildings
For Sale
Under Contract
$515,000

320 E LETCHWORTH Avenue, Rantoul, IL 61866

Business Opportunity, Rantoul, IL

Property SizeContact for details
Lot Size0.96 Acres
Days on Market165

Property Features for 320 E LETCHWORTH Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions NORTH ON RT 45 IN RANTOUL TO EAST ON LETCHWORTH (Just past OTT'S Restaurant) BUILDINGS ON YOUR RIGHT
Subdivision Northern Champaign County / Ford County
Standard status Active Under Contract
APN 200335351020
Lot size 0.96 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lots pt 1 pt 2 pt 3 Block 2 Penfield's J Add
Tax Annual Amount 9569
Legal Description Lots pt 1 pt 2 pt 3 Block 2 Penfield's J Add

Building Details

Floors in Building 1
Building materials Steel Siding
Roof type Metal
Listing Agency: REALTY 2000,INC
Listed By: Herman Fogal · License #475098977
Added: Mar 31 Changed: Aug 26 Last Checked: Sep 11 at 1:06PM
MLS# 12606319

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 self-storage property includes four steel buildings totaling 88 individual units on 0.964 acres. Building sizes are 25' x 100', 30' x 100', 20' x 100', and 25' x 100', with unit configurations ranging from 5' x 5' to 10' x 30'. Improvements include metal roofs, metal roll-up doors, and concrete floors.

The property is enclosed by chain-link fencing with a lockable gate, and streetlights serve the surrounding area. Its layout accommodates vehicle circulation and convenient loading or unloading. Located at 320 E Letchworth Avenue in Rantoul, the property is positioned near Route 45 and is zoned COMMR.

Key Highlights

  • Four metal self‑storage buildings with 88 total units
  • Building dimensions: 25' x 100', 30' x 100', 20' x 100', and 25' x 100'
  • Unit sizes range from 5' x 5' to 10' x 30'

Property Analytics

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Current Use

Self storage facilities

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 61866, IL

13,459
Population
6,280
Households
2.1
Avg Household Size
37
Median Age
13%
College-Educated
91%
High-School Grad
80.0 sq mi
ZIP Area
168
Density / Sq Mi
$51,389
Median Household Income
$38,439
Median Earnings
$892
Median Rent
$111,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Four metal buildings offer enclosed storage, concrete floors, and gated access with room to drive through for loading and unloading.
Where is this self storage facility located?
The property is located at 320 E LETCHWORTH Avenue Rantoul, IL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Four metal self‑storage buildings with 88 total units; Building dimensions: 25' x 100', 30' x 100', 20' x 100', and 25' x 100'; Unit sizes range from 5' x 5' to 10' x 30'
More about this property
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