About This Home
This 0-bedroom, 0-bathroom commercial at 400 S Wilson St in Benton, IL is listed for $130,000. on a 1.58 acres lot.
Key Features
- 1.58 acre lot
Benton Self Storage located on the south side of Benton, Illinois. This 19-unit self storage facility is currently 90% occupied. Units range from 10x10, 10x15, 10x30 and 10x20. The facility is currently managed via Storable Easy and DaVinci Lock. All tenants are currently on electronic monthly payment.
With rents stabilized over the last 24 months, this facility represents a gross cap rate of 14.4% using 2026 estimated revenues. Income:2025 Revenue: $14,750 + $545 (Tenant Protection)2026 Revenue: $17,953 (est) + $874 (Est. Tenant Protection)Average/Estimated Income: $17,062 Current Expenses:Yearly Tax: $1,290Insurance: $1,110 (est)Mowing: $1,400E
lectric: $400Misc Repairs: $200Softwares (+/-): $1,000 Total Expenses: $4,000 Net Income: $13,062Est Cap Rate: 10% The facility is easily operated with cameras on sight, lighting, easy to use software (transferable) and owner has a connection for a local property manager. Benton, IL is located just of HWY 57 near Rend Lake. Sitting on over 1.5 acres, there is ample opportunity for value add with additional units, boat/RV parking, fencing, etc.This property is Broker Owned.
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
400 S Wilson St
Benton, IL 62812
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 400 S Wilson St is listed at $130,000. The estimated monthly payment is $695 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.58 acre lot.
This property is listed by Alec Wardenburg and can be reached at 855-384-5263.