10620 S Vincennes Ave - Car Washes FOR SALE


Chicago, IL 60643- Beverly
$450,000 USD
773-344-0738
10620 S Vincennes Ave, Chicago, IL for Sale
$450,000 USD
Car Washes - FOR SALE
1/18
null | 24.44% Cap Rate

10620 S Vincennes Ave
Chicago, IL 60643
Beverly


HIGHLIGHTS

  • Turnkey car wash business with real estate included
  • Approx. $110,000 projected net income
  • High-visibility location on busy corridor
  • 4,000 SF building with functional layout
  • Opportunity to increase revenue through upgrades or added service
  • Strong existing customer base with repeat traffic

OVERVIEW

Turnkey car wash opportunity with high income and significant upside potential. This 4,000 SF property includes land, building, a fully operational business, equipment, and an established customer base. Currently generating approximately $110,000 in projected net income, offering an attractive return for both investors and owner-operators. Positioned on a well-traveled corridor with excellent visibility, the property benefits from consistent traffic and repeat clientele. Ideal for an owner-user looking to step into a cash-flowing business or an investor seeking a high-yield asset with redevelopment potential. Additional upside exists through modernization, service expansion, or repositioning of the site. Rare opportunity to acquire a fully equipped business with real estate in a growing area at a compelling price point.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

24.44%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Parking Lot, Recycling Center, Contractor Storage Yard

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,402 SF

ZONING

RS-2,C1-1

APN/PARCEL ID

25-17-113-060-0000

ASK ABOUT THIS PROPERTY

Michael KangColdwell Banker RealtyMore Info
773-344-0738

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Michael KangColdwell Banker RealtyMore Info
773-344-0738

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.