Self-Storage Facility
Bon Voyage Storage
525 W Walnut St, Oglesby, IL 61348
Listing Price: $1,400,000
Investment Overview
Bon Voyage Storage presents a rare opportunity to acquire a recently repurposed, automated and strategically positioned asset in the heart of Illinois’ recreational corridor. Located just south of the Illinois River and minutes from downtown Oglesby, the property is ideally situated near some of the most visited outdoor destinations in the state.
Opened in May 2024, the facility is comprised of enclosed indoor, covered/canopy and outdoor parking configurations. At a price of $24.56/SF, this asset is priced significantly below replacement cost, providing a strong value proposition and long-term upside.
The site offers immediate value-add potential through improved operations and management, refined marketing, increased occupancy and rent optimization. The property is fully fenced and secured with automated gate access and surveillance systems, ensuring tenant peace of mind and operational efficiency.
With room for expansion and favorable local demographics, this investment is well-positioned to capitalize on the growing demand for recreational vehicle storage in a high-traffic, recreation-driven market.
Bon Voyage Storage
Investment Highlights
- ± 57,011 Square Feet of Enclosed, Canopy/Covered & Open Parking, Plus 4,500 SF of Warehouse/Flex Space + Additional Outdoor Parking Area
- Operational Upside: Mismanaged Site with Opportunity for Rent Growth & Occupancy Improvement
- Below Replacement Cost: Offered at $24.56/SF, Significantly Under Market Replacement Cost
- Strategic Location: Minutes from Downtown Oglesby & Major Recreational Destinations, Including Starved Rock State Park, Matthiessen State Park and the Vermilion River
Exclusively Listed By
Listing Price: $1,400,000
Investment Highlights
- ± 57,011 Square Feet of Enclosed, Canopy/Covered & Open Parking, Plus 4,500 SF of Warehouse/Flex Space + Additional Outdoor Parking Area
- Operational Upside: Mismanaged Site with Opportunity for Rent Growth & Occupancy Improvement
- Below Replacement Cost: Offered at $24.56/SF, Significantly Under Market Replacement Cost
- Strategic Location: Minutes from Downtown Oglesby & Major Recreational Destinations, Including Starved Rock State Park, Matthiessen State Park and the Vermilion River
Investment Overview
Bon Voyage Storage presents a rare opportunity to acquire a recently repurposed, automated and strategically positioned asset in the heart of Illinois’ recreational corridor. Located just south of the Illinois River and minutes from downtown Oglesby, the property is ideally situated near some of the most visited outdoor destinations in the state. Opened in May 2024, the facility is comprised of enclosed indoor, covered/canopy and outdoor parking configurations. At a price of $24.56/SF, this asset is priced significantly below replacement cost, providing a strong value proposition and long-term upside. The site offers immediate value-add potential through improved operations and management, refined marketing, increased occupancy and rent optimization. The property is fully fenced and secured with automated gate access and surveillance systems, ensuring tenant peace of mind and operational efficiency. With room for expansion and favorable local demographics, this investment is well-positioned to capitalize on the growing demand for recreational vehicle storage in a high-traffic, recreation-driven market.
Exclusively Listed By
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