Property summary
This exceptional self-storage opportunity, Bon Voyage Storage, is listed at $2,200,000. Located at 525 W Walnut St, Oglesby, IL 61348, this custom-built facility boasts 70,000 square feet of net rentable space, ideal for boat and RV storage. Its prime location in downtown Oglesby, near Starved Rock State Park, benefits from the area's significant tourism, attracting 2.3 million visitors annually. With over 5,200 vehicles passing daily, this highly visible facility enjoys a strong competitive advantage, being the closest option for boat and RV storage for over 10 miles. Opened in May 2024, the facility is already experiencing strong leasing activity, with 20+ tenants secured. Features include a fully automated gate, state-of-the-art security, and various storage options (outdoor, covered, and indoor). The facility's valet-style operation maximizes space utilization. The surrounding area has a population density of 25,108 within a 5-mile radius, ensuring a robust customer base. This is a turnkey investment poised for continued growth and profitability in a high-demand market.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Storage Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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