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305 Front St McHenry, IL

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For Sale
$4,400,000

Self-storage facility on 2.91 acres with 5 buildings.

Property size:
35,852 SF
Lot size:
3.02 Acres

Property Features for 305 Front St

General Information

Size
35,852 SF
Lot size
3.02 Acres

Source: Blue Chip Commercial Agent Tim Billimack

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Self Storage Investment Opportunity

This self-storage investment opportunity is located on 2.91 acres and includes 5 buildings, totaling approximately 42,500 square feet. The property features 195 feet of frontage on IL-Route 31, benefiting from traffic counts of 17,600 vehicles per day and high visibility. The facility comprises 253 units with a physical occupancy of 79%. The unit count is subject to sizing flexibility. Located in an area with increasing residential and commercial developments, the property is ideally positioned to attract drive-by customers. The surrounding area has an affluent population, with an average household income exceeding $100,966 within a 3-mile radius. The property is currently not professionally managed, presenting an opportunity for upside through potential remote management.
Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
McHenry
County
McHenry
State
Illinois
Longitude
-88.2667534
Latitude
42.333355

FAQs

What type of property is this?
Self storage facility - Self-storage facility on 2.91 acres with 5 buildings.
Where is this self storage facility located?
The property is located at 305 Front St McHenry, IL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: - Self-storage investment opportunity with **253 units** and **79% physical occupancy**.; - High visibility location with **195' frontage on IL-Route 31** and 17,600 daily traffic count.; - Located in an affluent area with an average household income exceeding $100,966 within a 3-mile radius.
More about this property
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