305 Front St McHenry, IL
Self-storage facility on 2.91 acres with 5 buildings.
Property size:
35,852 SFLot size:
3.02 AcresProperty Features for 305 Front St
General Information
- Size
- 35,852 SF
- Lot size
- 3.02 Acres
Source:
Moodyscre
Listing 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
Location Insight
- Map
- Local Demand
- City
- McHenry
- County
- McHenry
- State
- Illinois
- Longitude
- -88.2667534
- Latitude
- 42.333355
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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.