525 Walnut StOglesby, IL 61348

Property Details for 525 Walnut St

Year built

1945

Lot size

5.43 AC

Property size (Sq ft)

46,860 SF

Property type

Commercial real estate

APN

18-35-209-000

APU

1835209000

Description

This exceptional self-storage opportunity, Bon Voyage Storage, is listed at $2,200,000. Located at 525 W Walnut St, Oglesby, IL 61348, this custom-built facility boasts 70,000 square feet of net rentable space, ideal for boat and RV storage. Its prime location in downtown Oglesby, near Starved Rock State Park, benefits from the area's significant tourism, attracting 2.3 million visitors annually. With over 5,200 vehicles passing daily, this highly visible facility enjoys a strong competitive advantage, being the closest option for boat and RV storage for over 10 miles. Opened in May 2024, the facility is already experiencing strong leasing activity, with 20+ tenants secured. Features include a fully automated gate, state-of-the-art security, and various storage options (outdoor, covered, and indoor). The facility's valet-style operation maximizes space utilization. The surrounding area has a population density of 25,108 within a 5-mile radius, ensuring a robust customer base. This is a turnkey investment poised for continued growth and profitability in a high-demand market.

• Alternative Use

  Use

  Valuation

  Residential

  $9,684,739

  Hospitality

  $8,871,169

  Educational

  $7,380,708

  Medical

  $7,634,542

  Retail

  $11,481,102

Location Insight

City

Oglesby

County

Lasalle

State

Illinois

Latitude

41.2945

Longitude

-89.0699

CBSA code

36837

CBSA name

OTTAWA, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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