Established Oil Lube and
For Sale
Contact for pricing
600 West Rock Falls Road, Rock Falls, IL
Turn-key oil lube businesses with self-serve car wash components.
Property Size10,790 SF
Lot Size1.82 Acres
Price / SF$148.29
Days on Market781
Property Features for 600 West Rock Falls Road
General Information
Standard status
Active
Size
10,790 SF
Lot size
1.82 Acres
Property subtype
RETAIL
Listing Agency:
Trinity Real Estate Investment Services - Corporate
(651) 788-1133
Listed By:
Gunnar Edlund · License ##808427
(651) 788-1133
Source:
Moodyscre
Added: Jun 12, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This property features established, turn-key oil lube businesses with self-serve car wash components. Both locations have been operational for over 30 years, with significant equipment and building renovations completed in 2019. The property benefits from strong demographics, with over 30,000 residents within a 5-mile radius, and limited surrounding competition. It is strategically located along Rock Falls Road and Lincoln Hwy, generating traffic counts of over 8,000 and 19,000 vehicles per day, respectively, with multiple points of access and unblocked visibility. The location is conveniently situated around multiple national retail tenants, creating a constant influx of customer traffic to the area. Rock Falls/Sterling is located along Interstate 88, which sees over 10,800 vehicles per day, connecting the Quad Cities (56 miles away) to Chicago (116 miles away). The oil change business operates from 8am-6pm Monday-Friday, and 8am-4pm on Saturday. It is closed on Sundays. The property size is 10,790 square feet.
Key Highlights
- Profitable and established turn‑key oil lube businesses with self‑serve car wash components.
- Proven success with both locations operational for 30+ years.
- Significant equipment and building renovations in 2019.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.2k | $18.00 |
| − Vacancy | −$5.8k | −$0.54 |
| EGI | $188.4k | $17.46 |
| − OpEx | −$47.1k | −$4.37 |
| NOI | $141.3k | $13.10 |
10,790 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.02M
$1.77M – $2.35M
NOI $141,295 @ 7.0% cap · market cap 8.83%
Second Best
Retail
$1.28M
$1.12M – $1.50M
NOI $89,730 @ 7.0% cap · market cap 5.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Near Automotive — 618 E Rock Falls Rd, Rock Falls, IL 61071
- T D Kurtz Glass Co — 1101 1st Ave, Rock Falls, IL 61071
- I 88 Trailer Repair — 1400 Industrial Park Rd, Rock Falls, IL 61071
- Moore Tires — 2400 1st Ave, Rock Falls, IL 61071
- Johnson Towing & Recovery — 620 E Rock Falls Rd, Rock Falls, IL 61071
Frequently Asked Questions
What type of property is this?
Auto shop - Turn-key oil lube businesses with self-serve car wash components.
Where is this auto shop located?
The property is located at 600 West Rock Falls Road Rock Falls, IL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Profitable and established turn‑key oil lube businesses with self‑serve car wash components.; Proven success with both locations operational for 30+ years.; Significant equipment and building renovations in 2019.
