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Secured Self Storage Facility
For Sale
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1 Perigen Ln, Granite City, IL 62040

Fenced self-storage property with surveillance cameras and parking canopies.

Property SizeContact for details
Days on Market144

Property Features for 1 Perigen Ln

General Information

Standard status Active
Property subtype Self Storage
Listing Agency: Matthews
Listed By: Rob Cook · License #IL 475.171700
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews

Investment Insights

Based on property information with market context.

JTO Storage is a self-storage facility at 1 Perigen Ln in Granite City, Illinois. The property is enclosed by fencing and uses security cameras as part of its security setup. Parking canopies are also present on the site, with the source information identifying them as potential areas for conversion into additional individual storage units.

The property is offered for sale and carries projected cap rates of 10.17% in Year 2 and 11.13% in Year 3. Existing operational revenue components identified for the facility include tenant insurance, administrative fees, and late fees. The source information also notes the ability to adjust rents for current tenants.

Key Highlights

  • Self‑storage facility at 1 Perigen Ln, Granite City, IL 62040
  • Fully fenced property with security cameras
  • Parking canopies identified for potential conversion into individual storage units

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Restaurant Dental Office Building Supply Big Box & Wholesale Store Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 62040, IL

40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value

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 - Fenced self-storage property with surveillance cameras and parking canopies.
Where is this self storage facility located?
The property is located at 1 Perigen Ln Granite City, IL.
What are key features of this property?
This property features: Self‑storage facility at 1 Perigen Ln, Granite City, IL 62040; Fully fenced property with security cameras; Parking canopies identified for potential conversion into individual storage units
More about this property
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