5600 New Wilke Rd - Car Washes FOR SALE


Rolling Meadows, IL 60008- Des Plaines/Arlington Hts Corridor
$2,900,000 USD
773-934-8898
5600 New Wilke Rd, Rolling Meadows, IL for Sale
$2,900,000 USD
Car Washes - FOR SALE
1/46
null | 6% Cap Rate

5600 New Wilke Rd
Rolling Meadows, IL 60008
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Rarely Available Express & Hand Car Wash for Sale
  • 3 Bay Detail Centers
  • Completely Renovated in 2015
  • Get in to the Red Hot Express Car Wash Business

OVERVIEW

business with the real estate included. This 7,252-square-foot commercial facility sits on a 28,166-square-foot lot and offers a fully operational, turnkey investment with extensive recent upgrades. The property features a 140-foot express wash tunnel, three detail center bays, a spacious customer lobby with a café area, Penco wash equipment, and DRB management software, providing an efficient and modern operation. The facility has been meticulously maintained and significantly improved, including a comprehensive renovation in 2015 featuring new utility services and wash equipment. Additional capital improvements include new wash brushes and numerous tunnel upgrades completed in 2025. In March 2026, the wash tunnel received a new track and chain system, new rollers, motorized dryers, and new exterior mitt curtains, further enhancing operational efficiency, wash quality, and reliability. Ideal for an owner-operator or investor, this established business offers a strong operational foundation, modern infrastructure, and opportunities for future growth. There is also potential to add on-site video gaming, subject to municipal approval and all applicable licensing requirements.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$400 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,166 SF

ZONING

C-2

APN/PARCEL ID

08-08-403-028-0000

ASK ABOUT THIS PROPERTY

Peter FotopoulosBaird & WarnerMore Info
773-934-8898

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Peter FotopoulosBaird & WarnerMore Info
773-934-8898

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