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400 S Wilson St - Benton Self Storage 3,272 SF Specialty Building Offered at $130,000 at a 10% Cap Rate in Benton, IL 62812
Investment Highlights
- 90% current occupancy, 19 total units
- Rents collected per month in July and August $1,656
- Estimated total rents collected for 2026: $15,973
- Average rents collected per month in 2026: $1,433
- Total rents collected in 2025: $14,750
- 100% of tenants using online payment
Executive Summary
Benton Self Storage located on the south side of Benton, Illinois. This 19-unit self storage facility is currently 90% occupied. Units range from 10x10, 10x15, 10x30 and 10x20. The facility is currently managed via Storable Easy and DaVinci Lock. All tenants are currently on electronic monthly payment. With rents stabilized over the last 24 months, this facility represents a gross cap rate of 14.4% using 2026 estimated revenues.
Income:
2025 Revenue: $14,750 + $545 (Tenant Protection)
2026 Revenue: $17,953 (est) + $874 (Est. Tenant Protection)
Average/Estimated Income: $17,062
Current Expenses:
Yearly Tax: $1,290
Insurance: $1,110 (est)
Mowing: $1,400
Electric: $400
Misc Repairs: $200
Softwares (+/-): $1,000
Total Expenses: $4,000
Net Income: $13,062
Est Cap Rate: 10%
The facility is easily operated with cameras on sight, lighting, easy to use software (transferable) and owner has a connection for a local property manager. Benton, IL is located just of HWY 57 near Rend Lake.
Sitting on over 1.5 acres, there is ample opportunity for value add with additional units, boat/RV parking, fencing, etc.
This property is Broker Owned. Contact Alec Wardenburg for more information.
Income:
2025 Revenue: $14,750 + $545 (Tenant Protection)
2026 Revenue: $17,953 (est) + $874 (Est. Tenant Protection)
Average/Estimated Income: $17,062
Current Expenses:
Yearly Tax: $1,290
Insurance: $1,110 (est)
Mowing: $1,400
Electric: $400
Misc Repairs: $200
Softwares (+/-): $1,000
Total Expenses: $4,000
Net Income: $13,062
Est Cap Rate: 10%
The facility is easily operated with cameras on sight, lighting, easy to use software (transferable) and owner has a connection for a local property manager. Benton, IL is located just of HWY 57 near Rend Lake.
Sitting on over 1.5 acres, there is ample opportunity for value add with additional units, boat/RV parking, fencing, etc.
This property is Broker Owned. Contact Alec Wardenburg for more information.
Property Facts
| Price | $130,000 | Building Class | C |
| Price Per SF | $39.73 | Lot Size | 1.58 AC |
| Sale Type | Investment | Building Size | 3,272 SF |
| Cap Rate | 10% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2000 |
| Property Subtype | Self-Storage |
| Price | $130,000 |
| Price Per SF | $39.73 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 3,272 SF |
| No. Stories | 1 |
| Year Built | 2000 |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $8,905 | |
| Land Assessment | $6,980 | Total Assessment | $15,885 |
Property Taxes
Parcel Numbers
Land Assessment
$6,980
Improvements Assessment
$8,905
Total Assessment
$15,885
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400 S Wilson St - Benton Self Storage