Listing Agency: A-1 Agency a***@msn.com Show Phone

Listed By: Brian Borchardt · License #IL 471004534

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 3:59AM

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Investment Insights

Based on property information with market context.

This mixed-use property combines 20 storage units with an apartment, car wash, and laundromat, creating a varied commercial configuration in a single asset. The property is located at 313 E Myrtle St in Elizabeth, Illinois, within a few miles of Galena and near Apple River Fort Historic Site.

The combination of storage, residential, automotive, and laundry components provides several distinct property functions at the same location. Its existing mix of improvements supports evaluation as a multifaceted commercial property serving the Elizabeth area.

Key Highlights

• 20 storage units included
• One apartment on the property
• Includes a car wash and laundromat

Property Analytics

Property Profile

Current Use

Self storage facilities

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Building Supply Plumbing Service Garden Center 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

157

Businesses Nearby

Explore this area Business Placement

Demographics for 61028, IL

1,865

Population

1,013

Households

1.8

Avg Household Size

51

Median Age

30%

College-Educated

90%

High-School Grad

113.4 sq mi

ZIP Area

16

Density / Sq Mi

$86,328

Median Household Income

$46,736

Median Earnings

$775

Median Rent

$184,800

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?

Mixed-use property - Includes storage units, an apartment, a car wash, and a laundromat.

Where is this mixed-use property located?

The property is located at 313 E Myrtle St Elizabeth, IL.

What are key features of this property?

This property features: 20 storage units included; One apartment on the property; Includes a car wash and laundromat