421 E Moneta Avenue Peoria Heights, IL 61616

The current owners have put siginificant work and upgrades into this neighborhood storage facility located in Peoria Heights, IL. The property features 89 self storage units and 4 additional leaseable spaces for warehouse or commercial use. There is a 65' x 50' two story warehouse building, a 5,50...0 sq. ft. building with 3 contractor bays, a second floor storage unit at 1,600 sq. ft., and a commercial unit with 2 offices, kitchen and full bathroom/shower. This business has favorable supply statistics and several new developments within a 5 mile radius. The property provides room to expand with outdoor leasing or construction of new units. There are also several contiguous properties that provide options for expansion in the small industrial zoned area surrounded by neighborhoods. Gross Income, Operating Expense and NOI in listing are pro forma. Continue reading