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224 Sunset Dr - Storage Units in Orangeville IL 10,040 SF Specialty Building Offered at $365,000 at a 7.18% Cap Rate in Orangeville, IL 61060
Investment Highlights
- Fully rented
- Owner will stay on as manager.
- Great Small town atmosphere
Executive Summary
32 all metal storage units for sale in Orangeville IL - " The greatest little town on earth". Original owner, fully rented, good return, located on 2.2 acres with expansion opportunities. Owner will stay on as manager so this could be a hands off investiment for the savvy buyer.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| 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 - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $365,000 | Building Class | C |
| Price Per SF | $36.35 | Lot Size | 2.20 AC |
| Sale Type | Investment | Building Size | 10,040 SF |
| Cap Rate | 7.18% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2002/2021 |
| Property Subtype | Self-Storage | ||
| Zoning | commercial - general commercial zoning in Orangeville IL | ||
| Price | $365,000 |
| Price Per SF | $36.35 |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 2.20 AC |
| Building Size | 10,040 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2002/2021 |
| Zoning | commercial - general commercial zoning in Orangeville IL |
Property Taxes
| Parcel Number | 16-03-36-201-025 | Total Assessment | $65,250 |
| Land Assessment | $9,010 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $56,240 | Tax Year | 2024 Payable 2024 |
Property Taxes
Parcel Number
16-03-36-201-025
Land Assessment
$9,010
Improvements Assessment
$56,240
Total Assessment
$65,250
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
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224 Sunset Dr - Storage Units in Orangeville IL
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