Sheri Paper
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Exceptional opportunity to acquire a fully operational, income-producing industrial storage business with real estate included. Adjacent property also available. This offering features three purpose-built storage buildings currently utilized for boat, automobile, camper, and seasonal recreational storage, serving both winter and summer demand. The sale includes the established storage business and existing leases, creating a true turnkey investment. Operations are in place, occupancy is strong, and the transition can be seamless for a new owner. Strategically located near several of the Midwest's most popular boating and recreation destinations including Chain O'Lakes, Lake Geneva, and Lake Delavan-this property benefits from consistent, recurring demand from boaters, RV owners, and seasonal users seeking secure, convenient storage. In addition to the current income stream, the property offers clear upside potential through additional rentable land, expanded storage configurations, or rate optimization-making it ideal for investors or owner-operators looking to scale revenue over time.
Property Highlights
Property Type: Commercial - Investment
Building Description: 1.0 stories
Lot Size: 2.37 acres
General Information
County: McHenry
Listed By:
Platinum Partners Realtors
630-435-3500
MRED MLS
MLS ID: 12561683
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10719 Commercial Street, Richmond, IL 60071.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $1,000,000 | $1,000,000 | $1,000,000 |
| Down Payment | $200,000 | $35,000 | $250,000 |
| Monthly Mortgage Amount | $4,669 | $5,808 | $6,078 |
| Taxes | $1392 | $1392 | $1392 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $600 | $0 |
| Monthly Estimated Total | $6,353 | $8,092 | $7,762 |
Sheri Paper
REALTOR®
Cell: (563) 343-7688
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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