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235 W State Rd 2,834 SF Specialty Building Offered at $550,000 in Island Lake, IL 60042
Investment Highlights
- Long-standing car wash facility positioned on highly traveled Route 176, ensuring strong visibility and consistent traffic exposure.
- Equipped with five powerful vacuum stations and well-maintained infrastructure to support continued operations.
- Real estate sale includes land, building, and operational equipment, presenting true turnkey ownership potential.
- Includes four self-service bays and two automatic wash bays, delivering multiple service options for customers.
- Ample onsite parking and convenient ingress/egress accommodate vehicles of all sizes.
- Established reputation within the community and commuter base offers a foundation for stable income and operational growth.
Executive Summary
Don't miss this rare opportunity to own a well-established car wash in the heart of Island Lake. This Car Wash has been a trusted destination for local residents and commuters for decades, offering both self-service and automatic wash options. Prime location on busy Route 176 with high visibility and steady traffic flow. Carwash includes 4 self-serve bays & 2 automatic wash bays with 5 powerful vacuum stations, a well maintained facility with ample parking and easy access for all vehicle types. This is a real estate sale including land and building. Please note that the seller is unable to provide financial records; therefore, this is priced as a real property acquisition. The operating car wash business conveys "as-is" along with the equipment, but is included with this real estate purchase, a ready-to-run operation for the right buyer to take over and grow from day one. Whether you're an investor looking for a income-producing asset or an entrepreneur ready to step into a turnkey operation, Saini Island Lake Car Wash presents a compelling opportunity in a proven location.
Property Facts
| Price | $550,000 | Lot Size | 0.53 AC |
| Price Per SF | $194.07 | Building Size | 2,834 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1992 |
| Property Subtype | Car Wash | Parking Ratio | 3.52/1,000 SF |
| Building Class | C | ||
| Zoning | B-2, Island Lake | ||
| Price | $550,000 |
| Price Per SF | $194.07 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 2,834 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Parking Ratio | 3.52/1,000 SF |
| Zoning | B-2, Island Lake |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 15-20-428-002 | Improvements Assessment | $23,729 |
| Land Assessment | $65,576 | Total Assessment | $89,305 |
Property Taxes
Parcel Number
15-20-428-002
Land Assessment
$65,576
Improvements Assessment
$23,729
Total Assessment
$89,305
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235 W State Rd