2000 4Th StSterling, IL 61081

Property Details for 2000 4Th St

Property type

Commercial real estate

APN

1122229007

APU

1122229007

Description

This exceptional investment opportunity presents a well-established, highly profitable car wash and lube center located at 2000 E 4th St, Sterling, IL 61081. The property, situated on a 37,800 sq ft lot, boasts a 4,500 sq ft building constructed in 1990 and extensively renovated in 2019. The business includes a Valvoline Express Lube with two quick lube bays, a full basement with catwalks, a stock room, surveillance system, restrooms, and a customer waiting area. The 2019 renovation encompassed new equipment and building updates, while a new roof was installed in 2023. The lube bays are heated, and a new waste oil system was added in 2023. Operating hours are Monday-Friday 8am-6pm and Saturday 8am-4pm. The car wash features two PDQ Lazerwash 360 Touch Free in-bay automatics, four self-service bays, six vacuums, and a comprehensive surveillance system. A gas boiler powers the de-ice system. The car wash also includes a new Hamilton change machine and a Kleen Rite Vend It machine (installed in 2020), and the 24/7 bays have been upgraded with LED lighting. This mixed-use property is zoned B2 and enjoys a prime location on East Lincoln Hwy, benefiting from a daily traffic count of 15,000 vehicles. The asking price is $950,000, with a 14% cap rate and 100% occupancy. This is a truly turn-key operation with significant potential for continued growth and profitability. The property is offered for sale by owner.

Location Insight

City

Sterling

County

Whiteside

State

Illinois

Latitude

41.7992

Longitude

-89.6721

CBSA code

44580

CBSA name

STERLING, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].