• Large Self-Storage Facility For Sale - 1200 Bunn Ave, Springfield, IL 62703

For Sale

Industrial

For Sale

This property is available for sale
7.97
Acres
$1,499,000
Sale Price
  • Year Built
    1930
  • Total Building Size
    172,800 RSF
  • Overview

    Subject Property is a large self-storage facility located southeast of the Interstate 55 and Interstate 72 loop in Springfield. There are 475 rentable storage units, ranging from 5x5 to 60x80. There is also storage for cars, boats, motor homes and campers. The building is wood frame construction with steel siding and a flat, rubber roof. It has 20 loading docks, 2 overhead drive-in doors, an office area, and apartment. The building is sprinkled (dry system) and has 3-Phase power.
    Subject Property is located north of an industrial park along the Interstate 55 and Interstate 72 loop. It is visible from Interstate 55, with traffic counts of 52,200 AADT, and is part of the historic US Route 66 from Chicago to St. Louis. The University of Illinois at Springfield and Lincoln Land Community College are located southeast of this site. Nearby sites a small industrial park to the south, shopping/retail to the north and south, and neighborhoods surrounding Lake Springfield to the southeast.

    Springfield is the capital of Illinois. It is located in central Illinois and is accessed by both Interstate 55 and Interstate 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis.

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Property Details

Subject Property is a large self-storage facility located southeast of the Interstate 55 and Interstate 72 loop in Springfield. There are 475 rentable storage units, ranging from 5x5 to 60x80. There is also storage for cars, boats, motor homes and campers. The building is wood frame construction with steel siding and a flat, rubber roof. It has 20 loading docks, 2 overhead drive-in doors, an office area, and apartment. The building is sprinkled (dry system) and has 3-Phase power.
Subject Property is located north of an industrial park along the Interstate 55 and Interstate 72 loop. It is visible from Interstate 55, with traffic counts of 52,200 AADT, and is part of the historic US Route 66 from Chicago to St. Louis. The University of Illinois at Springfield and Lincoln Land Community College are located southeast of this site. Nearby sites a small industrial park to the south, shopping/retail to the north and south, and neighborhoods surrounding Lake Springfield to the southeast.

Springfield is the capital of Illinois. It is located in central Illinois and is accessed by both Interstate 55 and Interstate 72. It is approximately 202 miles southwest of Chicago and 92 miles northeast of St. Louis.

  • Property Type
    Industrial
  • Year Built
    1930
  • Sale Price
    $1,499,000
  • Total Building Size
    172,800RSF
  • Total Acres
    7.97
  • Cap Rate
    11.0%
  • Zoning
    I-1
  • Last updated
    Aug 24, 2021
  • Property ID
    243125

Landlord's Sales Representative

  • Blake Pryor
    Coldwell Banker Commercial Devonshire Realty