1100 162Nd StSouth Holland, IL 60473
- Other commercial real estate
- 0.55 AC
Property Details for 1100 162Nd St
- Year built
- 1972
- Lot size
- 0.55 AC
- Property type
- Other commercial real estate
- APN
- 29-14-317-028
- APU
- 2914317028
Description
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
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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