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ABC Storage 10719 Commercial St 46,096 SF Industrial Building Richmond, IL 60071 $1,354,010 CAD ($29.37 CAD/SF) 8.06% Cap Rate



INVESTMENT HIGHLIGHTS
- Turn Key Revenue
EXECUTIVE SUMMARY
Exceptional opportunity to acquire a fully operational, income-producing industrial storage business with real estate included. Adjacent property also available. This offering features four 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 with documented annual income exceeding $80,634.50. 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.
The sale includes the established storage business and existing leases, creating a true turnkey investment with documented annual income exceeding $80,634.50. 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.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $116,823 CAD (2024) | |
| Land Assessment | $27,631 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $89,192 CAD (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$27,631 CAD (2024)
Improvements Assessment
$89,192 CAD (2024)
Total Assessment
$116,823 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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ABC Storage | 10719 Commercial St
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