$125,000
400 S Wilson StBenton, IL 62812
Self-storage property (from the listing description) · MLS 11969914 · Listed 63 days ago (Sep 2, 2026)
Under contract: The seller has accepted an offer with conditions. Some sellers still accept backup offers.
About this property
Benton Self Storage located on the south side of Benton, Illinois. This 19-unit self storage facility is currently 95% 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 12% using 2026 estimated revenues. Income:2025 Revenue: $14,7502026 Revenue: $16,817(Est.)Average/Estimated Income: $15,783.67 (AVG 2025 & 2026) Current Expenses:Yearly Tax: $1,290Insurance: $1,110 (est)Mowing: $1,400Electric: $400Misc Repairs: $200Softwares (+/-): $1,000 Total Expenses: $5,390 Net Income: $10,393.76Est Cap Rate: 8.3% 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.
Description provided by the listing brokerage.
Key facts
- Asking price
- $125,000
- Status
- Under contract
- Property type
- Self-storageFrom the listing description
- Land area
- 1.58 acresSource field LotSizeAcres
- MLS number
- 11969914
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.
Price
- Asking price
- $125,000
Building and site
- County
- Franklin County
Investment figures reported in the description
- Cap rate
- 12% (actual or pro forma not stated)"…s facility represents a gross cap rate of 12% using 2026 estimated revenues…"
- Occupancy
- 95% (described as actual or current)"…storage facility is currently 95% occupied. units range from 10x10, 10x1…"
These figures are as written by the listing agent, without a stated period or supporting statements. Commercial Only does not calculate or verify them. Ask for rent rolls, operating statements and leases before relying on any figure.
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Benton or self-storage property in Benton.
Why this listing is on Commercial Only
- Property type as the listing describes it. (description: "benton self storage located on the south side of benton, il…")
- MLS property class detail. (PropertyTypeDetail: commercial)
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Price and status history
Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.
Guides
Listing courtesy of National Land Realty, Illinois. Listing agent: Alec Wardenburg. Listings provided by MyStateMLS.
Listing last modified at the source Nov 4, 2026, 12:03 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 8:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.