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    540 W Camp St East Peoria, IL 61611

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    For Sale
    $5,600,000

    East Peoria car wash property with strong tenant and location.

    Property size:
    5,970 SF
    Lot size:
    1.54 Acres

    Property Features for 540 W Camp St

    General Information

    Size
    5,970 SF
    Lot size
    1.54 Acres

    Source: Commercial Plus Agent Leona Voltz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Car Wash Investment Opportunity

    Located in East Peoria, Illinois, this property presents a real estate investment opportunity. Constructed in 2019, the 5,970-square-foot building is situated on a 1.5-acre lot and designed for modern express car wash operations. The property benefits from its location in a high-traffic corridor along West Camp Street, offering 211 feet of frontage. The surrounding area includes major retailers such as Target, Aldi, and Costco, as well as industrial employers like Caterpillar, Inc., which employs 12,000 people. The tenant, Sparkle Express Car Wash, is a rapidly growing operator with more than 19 locations across Georgia, South Carolina, and Illinois. The area has a projected 2024 population of 113,934 within a five-mile radius, with 48,132 households and an average household income of $63,196.
    Insight Report Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm Spa & Massage Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Peoria
    County
    Peoria
    State
    Illinois
    Longitude
    -89.5827668
    Latitude
    40.675601

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    FAQs

    What type of property is this?
    Car wash - East Peoria car wash property with strong tenant and location.
    Where is this car wash located?
    The property is located at 540 W Camp St East Peoria, IL.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: - High-traffic location on West Camp Street with **211 feet of frontage.**; - New construction (2019) **5,970-square-foot building designed for express car wash operations.**; - Tenant is Sparkle Express Car Wash, a rapidly growing operator with over 19 locations.
    (480) 391-8800
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    540 W Camp St East Peoria, IL 61611
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    East Peoria, IL 61611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    540 W Camp St East Peoria, IL 61611
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