400 S Wilson St, Benton, IL 62812
sale
$130,000
|
Other
Courtesy Of National Land Realty, Illinois
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: $1,290Insurance: $1,110 (est)Mowing: $1,400Electric: $400Misc Repairs: $200Softwares (+/-): $1,000 Total Expenses: $4,000 Net Income: $13,062Est 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.
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Property Features
- MLSID: 11969914
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