106 S Franklin Street
Westfield, IL, 62474
$300,000
Beds
0 Baths
0 SqFt
1.61 Acres
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This mini-storage complex, newly constructed in 2021, offers an excellent opportunity for investors seeking value-add potential. Located on a 1.61-acres, the property combines modern construction with room for future expansion to maximize returns. The facility features 40 drive-up units, each measuring 10 x 15, with durable Trac Rite roll-up doors. Room for Expansion. The current configuration is non-climate controlled with no docks, ensuring low operating costs. *Marketing Upside: Despite being a newly constructed facility, the property has not been aggressively marketed since the current owner acquired it from a family member. A targeted marketing strategy could significantly boost occupancy and revenue. *Operational Improvements: There are no security cameras, fencing, or operating software in place, providing an opportunity to enhance the tenant experience and security while commanding higher rental rates.

Property Details

Price:
$300,000
MLS #:
6248065
Status:
Active
Beds:
0
Baths:
0
Address:
106 S Franklin Street
Type:
Commercial
Subtype:
Warehouse
City:
Westfield
Listed Date:
Dec 17, 2024
State:
IL
ZIP:
62474
Lot Size:
70,024 sqft / 1.61 acres (approx)
Year Built:
2021
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Interior

Appliances
No Hot Water
Cooling
None
Heating
None

Exterior

Parking Spots
40

Financial

Tax Year
2023
Taxes
$600

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106 S Franklin Street
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