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ABC Storage 10719 Commercial St 77,286 SF Industrial Building Richmond, IL 60071 $1,000,000 ($12.94/SF) 8.06% Cap Rate

INVESTMENT HIGHLIGHTS
- Turn Key Revenue
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a fully operational, income-producing industrial storage business with real estate included. Adjacent property also available. This offering features four purpose-built storage buildings currently utilized for boat, automobile, camper, and seasonal recreational storage, serving both winter and summer demand.
The sale includes the established storage business and existing leases, creating a true turnkey investment with documented annual income exceeding $80,634.50. Operations are in place, occupancy is strong, and the transition can be seamless for a new owner. Strategically located near several of the Midwest’s most popular boating and recreation destinations—including Chain O’Lakes, Lake Geneva, and Lake Delavan—this property benefits from consistent, recurring demand from boaters, RV owners, and seasonal users seeking secure, convenient storage. In addition to the current income stream, the property offers clear upside potential through additional rentable land, expanded storage configurations, or rate optimization—making it ideal for investors or owner-operators looking to scale revenue over time.
The sale includes the established storage business and existing leases, creating a true turnkey investment with documented annual income exceeding $80,634.50. Operations are in place, occupancy is strong, and the transition can be seamless for a new owner. Strategically located near several of the Midwest’s most popular boating and recreation destinations—including Chain O’Lakes, Lake Geneva, and Lake Delavan—this property benefits from consistent, recurring demand from boaters, RV owners, and seasonal users seeking secure, convenient storage. In addition to the current income stream, the property offers clear upside potential through additional rentable land, expanded storage configurations, or rate optimization—making it ideal for investors or owner-operators looking to scale revenue over time.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,000,000 | Lot Size | 2.61 AC |
| Price Per SF | $12.94 | Rentable Building Area | 77,286 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 8.06% | Year Built | 1950 |
| Property Type | Tenancy | Single |
| Price | $1,000,000 |
| Price Per SF | $12.94 |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.06% |
| Property Type | |
| Lot Size | 2.61 AC |
| Rentable Building Area | 77,286 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
AMENITIES
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ABC Storage | 10719 Commercial St
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