250 Merchants DrOswego, IL 60543

  • Commercial real estate
  • 5,282 SF
For Sale
$1,000,000 View listing

Property Details for 250 Merchants Dr

Year built
1988
Lot size
0.48 AC
Property size (Sq ft)
5,282 SF
Property type
Commercial real estate
APN
03-04-283-029
APU
304283029

Description

This exceptional commercial property, located at 250 N Merchants Dr, Oswego, IL 60543, presents a lucrative investment opportunity in the automotive industry. The 4,800 square foot building sits on a lot ranging from one to just under two acres and is zoned for commercial use. The property boasts a state-of-the-art drive-through car wash complete with a conveyor system, significantly enhancing operational efficiency. In addition to the car wash, a spacious 4,800 square foot auto detailing shop is included, providing ample room for various services. The building also features a sizable lobby area, a dedicated office space, and two customer restrooms, ensuring comfort and convenience for patrons. Abundant storage space is available throughout the facility. Strategically positioned between Route 30 and Douglas Road, this property benefits from high traffic volume, situated between established businesses like McDonald's and Jewel, ensuring high visibility and accessibility. The densely populated area provides a built-in customer base and significant potential for growth. This single-story building represents a rare opportunity to acquire a turnkey operation in a prime location, offering the potential for immediate revenue generation and long-term profitability. The property's size and features make it ideal for expansion or diversification within the automotive sector.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,091,652
    Hospitality
    $999,947
    Educational
    $831,944
    Medical
    $860,556
    Retail
    $1,294,135

Location Insight

City
Oswego
County
Kendall
State
Illinois
Latitude
41.7187
Longitude
-88.3219
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,404
$15,682
$34,600
$50,282
-
$47,046
$103,800
$150,846

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