This exceptional investment opportunity presents a thriving, full-service car wash located at 1100 E 162nd St, South Holland, IL 60473, within Cook County. Established in 1977, this single-story, 4,000 square foot building sits on approximately 4,000 square feet of land and boasts a remarkable 100% occupancy rate. The business enjoys a prime location, providing convenient access from both east and westbound traffic. With over 30 years of operational history, this car wash offers a diverse range of services exceeding 15 options, from express washes to comprehensive detailing. Despite increased competition from surrounding express car washes, this location has consistently maintained strong revenue. The business serves a substantial volume of approximately 32,000 vehicles annually, demonstrating its enduring appeal and market position. This turnkey operation presents a rare chance to acquire a well-established and profitable business in a high-traffic area. The property's strong performance history and diverse service offerings make it an attractive investment prospect for discerning buyers.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$8,778,295
Hospitality
$8,040,871
Educational
$6,689,910
Medical
$6,919,986
Retail
$10,406,527
Location Insight
City
South Holland
County
Cook
State
Illinois
Latitude
41.6013
Longitude
-87.5902
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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