320 Lake St - Car Washes FOR SALE


Maywood, IL 60153
$990,000 USD
708-878-3844
320 Lake St, Maywood, IL for Sale
$990,000 USD
Car Washes - FOR SALE
1/21
null | Request Cap Rate

320 Lake St
Maywood, IL 60153


HIGHLIGHTS

  • ### REAL ESTATE + BUSINESS OFFERED TOGETHER Control of both the commercial property and established operating business.
  • ### 25+ YEARS OF OPERATING HISTORY Long-standing market presence with approximately **14,000–15,000 vehicles serviced annually**.
  • ### TURNKEY AUTOMOTIVE PLATFORM Existing workforce, showroom, automotive infrastructure, equipment, newer roof, upgraded garage doors, lighting.

OVERVIEW

PRIME COMMERCIAL PROPERTY + ESTABLISHED HAND CAR WASH & AUTO APPEARANCE BUSINESS REAL ESTATE + OPERATING BUSINESS OFFERED TOGETHER | 25+ YEARS ESTABLISHED | FULLY OPERATING Rare opportunity to acquire both a well-maintained commercial automotive property and a long-established hand car wash and auto appearance business in one integrated transaction. The business has operated successfully at the location for more than 25 years, creating an established operating platform supported by existing customer relationships, experienced employees, equipment, infrastructure, goodwill, and a recognizable presence within the community. The business currently services approximately 14,000–15,000 vehicles annually and operates with approximately six full-time and two part-time employees. This established staffing and customer base provides a qualified purchaser with the opportunity to assume an operating business rather than undertake the time, expense, and uncertainty associated with developing a new automotive-service location from the ground up. The commercial property has been configured specifically for automotive use and offers substantial open service areas, high ceilings, multiple overhead garage doors, floor drains, work stations, compressed-air infrastructure, vacuum equipment, service equipment, storage areas, and a finished customer-facing showroom. The layout supports efficient vehicle circulation and multiple service activities while maintaining a separate retail and customer-service environment. Ownership has continued to invest in the property and operation, with improvements including a newer roof, upgraded overhead garage doors, updated lighting, signage, canopies, showroom improvements, compressor equipment, vacuum equipment, and other business fixtures and operating infrastructure. These improvements provide a buyer with an established physical plant already supporting the existing automotive operation. The property's customer showroom creates an additional retail and service component, with display areas, service counters, automotive products, accessories, and space to promote complementary services. This provides the opportunity to generate revenue beyond traditional hand car washing while improving the overall customer experience. In addition to hand car wash and detailing services, the operation provides opportunities to continue or expand complementary automotive services such as professional detailing, window tinting, automotive accessories, remote starters, car audio and sound systems, and other automotive appearance-related services. A new owner may also evaluate membership programs, loyalty initiatives, fleet programs, digital marketing, premium service packages, and additional retail opportunities. The business has developed commercial and fleet relationships that include service work for Village of Maywood vehicles, Maywood Police Department, Proviso Township High School District, and Amazon delivery vans on an as-needed basis. These relationships demonstrate the operation's ability to serve both individual retail customers and commercial or institutional vehicle users. They are existing customer relationships and are not represented as guaranteed long-term contracts unless separately documented and verified. For an owner-operator, automotive entrepreneur, existing car wash operator, strategic buyer, or investor, the principal advantage is the ability to acquire both the operating enterprise and the real estate supporting it. A purchaser is not simply acquiring an empty building or a collection of equipment. The offering includes an established operation with decades of history, existing vehicle traffic, employees familiar with the business, operating procedures, equipment, infrastructure, customer relationships, and the underlying commercial property. The acquisition also provides multiple avenues for future value creation. An incoming owner may choose to preserve the existing operating model while selectively expanding higher-value detailing services, fleet accounts, automotive accessories, customer memberships, digital marketing, customer retention programs, and other complementary services. These opportunities are presented as potential business strategies and are not guarantees of future performance. The combination of real estate ownership and an operating business is a key component of the investment proposition. Rather than acquiring a business subject to a third-party lease, the purchaser has the opportunity to control the underlying property as well as the operation, subject to financing, zoning, licensing, environmental, governmental, and other applicable requirements. With more than 25 years of operating history, approximately 14,000–15,000 vehicles serviced annually, an experienced staff, established customer relationships, existing commercial accounts, automotive-service infrastructure, equipment, a customer showroom, and significant property improvements, this offering provides a qualified purchaser with an established platform from which to operate and pursue future growth. Property and operating business are being offered together. Detailed financial, operational, equipment, employee, and business information will be made available to qualified prospective purchasers following execution of an appropriate confidentiality/non-disclosure agreement and verification of financial capability. Prospective purchasers should independently verify all material information concerning the real estate, business operations, financial performance, customer volume, equipment, employees, permits, zoning, environmental matters, utilities, building systems, and commercial relationships. Please do not approach employees, customers, vendors, or commercial accounts regarding the sale. All inquiries and property inspections must be coordinated through the listing representative.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Soundbytes Auto Spa

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

Commercial

APN/PARCEL ID

15-11-137-001-0000

ASK ABOUT THIS PROPERTY

Tony TinocoAlexander Realty, LLCMore Info
708-878-3844

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Tony TinocoAlexander Realty, LLCMore Info
708-878-3844

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