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1101 W Norris Dr 21,050 SF Specialty Building Offered at $2,700,000 at a 6.46% Cap Rate in Ottawa, IL 61350



Investment Highlights
- Opportunity to add self-storage, enclosed Boat & RV bays or Contractor Units
- Only a 15 minute drive from Starved Rock State Park
- Wide variety of unit sizes
- Great location right on US HWY 6 with easy access
- Fully secured with automated entry gate
- 173 storage units and 51 parking spaces
Executive Summary
Matthew M. Fitzgerald
License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
| Price | $2,700,000 | Lot Size | 3.39 AC |
| Price Per SF | $98.86 | Building Size | 27,310 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.46% | Year Built | 2000 |
| Property Type | Specialty | Parking Ratio | 0.77/1,000 SF |
| Property Subtype | Self-Storage | ||
| Zoning | B1 - Zoned for Commercial Use | ||
| Price | $2,700,000 |
| Price Per SF | $98.86 |
| Sale Type | Investment |
| Cap Rate | 6.46% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Lot Size | 3.39 AC |
| Building Size | 27,310 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 0.77/1,000 SF |
| Zoning | B1 - Zoned for Commercial Use |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $229,559 | |
| Land Assessment | $49,259 | Total Assessment | $278,818 |
Property Taxes
Parcel Numbers
Land Assessment
$49,259
Improvements Assessment
$229,559
Total Assessment
$278,818
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1101 W Norris Dr
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