Property profile

1001 Us-34 Plano, IL 60545

OFF-MARKET
Self storage facilities
9,600 SF Built 1985
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established self-storage facility in Plano, Illinois. The property, located at 1001 W Route 34, consists of four operational self-storage buildings, each approximately 2,400 square feet (30' x 80'), totaling 9,600 square feet. Situated on a 0.79-acre lot (34,259 sq ft), the property boasts excellent visibility and accessibility along a high-traffic section of US Route 34, averaging over 15,000 vehicles daily. The buildings, constructed in 1985, are permitted under B-5 Service Business zoning. The property includes 20 parking spaces and offers a great hands-free income opportunity. While the seller does not have detailed financial information or a rent roll readily available, the established nature of the business and its prime location suggest significant earning potential. The property's APN is 01-28-227-017. This is an ideal acquisition for investors seeking a stable, income-generating asset in a desirable location. The asking price is $575,000, representing a price per square foot of $59.90. The property is conveniently located adjacent to a gas station and convenience store, further enhancing its visibility and accessibility.

Property profile

Verified
Property type Self storage facilities
Year built 1985
Total area 9,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Us-34 Plano, IL 60545
Plano metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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