235 W State Rd - Car Washes FOR SALE


Island Lake, IL 60042
$550,000 USD
847-962-1107
235 W State Rd, Island Lake, IL for Sale
$550,000 USD
Car Washes - FOR SALE
1/22
null | Request Cap Rate

235 W State Rd
Island Lake, IL 60042


HIGHLIGHTS

  • Long-standing car wash facility positioned on highly traveled Route 176, ensuring strong visibility and consistent traffic exposure.
  • Includes four self-service bays and two automatic wash bays, delivering multiple service options for customers.
  • Equipped with five powerful vacuum stations and well-maintained infrastructure to support continued operations.
  • Ample onsite parking and convenient ingress/egress accommodate vehicles of all sizes.
  • Real estate sale includes land, building, and operational equipment, presenting true turnkey ownership potential.
  • Established reputation within the community and commuter base offers a foundation for stable income and operational growth.

OVERVIEW

Don't miss this rare opportunity to own a well-established car wash in the heart of Island Lake. This Car Wash has been a trusted destination for local residents and commuters for decades, offering both self-service and automatic wash options. Prime location on busy Route 176 with high visibility and steady traffic flow. Carwash includes 4 self-serve bays & 2 automatic wash bays with 5 powerful vacuum stations, a well maintained facility with ample parking and easy access for all vehicle types. This is a real estate sale including land and building. Please note that the seller is unable to provide financial records; therefore, this is priced as a real property acquisition. The operating car wash business conveys "as-is" along with the equipment, but is included with this real estate purchase, a ready-to-run operation for the right buyer to take over and grow from day one. Whether you're an investor looking for a income-producing asset or an entrepreneur ready to step into a turnkey operation, Saini Island Lake Car Wash presents a compelling opportunity in a proven location.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$194 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,187 SF

ZONING

B-2, Island Lake

APN/PARCEL ID

15-20-428-002

ASK ABOUT THIS PROPERTY

Marina KandoBaird & Warner GlenviewMore Info
847-962-1107

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

Marina KandoBaird & Warner GlenviewMore Info
847-962-1107

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