Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1101 W Norris Dr
Ottawa, IL 61350
Asking Price
$2.70M
Cap Rate
7.57%
Asset Type
Self-storage
Class
Class B
What's Special
Self Storage | 7.57% CAP | 224 Units <ul><li>Opportunity to add additional self-storage, enclosed Boat & RV bays or Contractor Units</li><li>Great location right on US HWY 6 with easy access</li><li>Only a 15 minute drive from Starved Rock State Park</li><li>Fully secured with automated entry gate</li><li>Wide variety of unit sizes</li><li>On-site managers office and apartment</li><li>173 storage units and 51 parking spaces</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522