Closed Car Wash
1250 DOUGLAS Road Oswego, IL 60543
1250 DOUGLAS Road, Oswego, IL, 60543
Contact for pricing
For Sale
Contact for pricing
Closed 3,552 SF car wash building on an oversized outparcel lot within a busy strip center.
Property Size3,552 SF
Lot Size1.19 Acres
Price / SF$175.93
Days on Market134
Property Features for 1250 DOUGLAS Road
General Information
- Standard status
- Active
- Size
- 3,552 SF
- Lot size
- 1.19 Acres
- Property subtype
- Business for Sale, Retail
Listing agency
Green Equities
(630) 689-6446
Listed by
Nader Shahat · License #471017536
Source
Crexi
Added: Mar 11 Updated: Jul 21 at 8:55PM Checked: Jul 21 at 8:55PM
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 Green Equities
Investment Insights
Based on property information with market context.
This property is a closed car wash located on an oversized outparcel lot within a strip center. The current building totals 3,552 SF and is positioned for either reopening as a car wash or redeveloping the site to support a different automotive or retail concept.
The site is described as being located in a busy strip center environment with fast food and drive-through opportunities nearby. The property is currently zoned B2.
With the combination of a dedicated car wash building and a larger outparcel lot, the site offers flexibility for buyers looking to restart the existing use or plan a new development consistent with the B2 zoning.
The site is described as being located in a busy strip center environment with fast food and drive-through opportunities nearby. The property is currently zoned B2.
With the combination of a dedicated car wash building and a larger outparcel lot, the site offers flexibility for buyers looking to restart the existing use or plan a new development consistent with the B2 zoning.
Key Highlights
- Closed 3,552 SF car wash building within a busy strip center
- Oversized 1.1941‑acre outparcel lot with potential to reopen the car wash or redevelop
- Currently zoned B2
Local Financial Insights For 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 | $76.7k | $21.60 |
| − Vacancy | −$6.3k | −$1.77 |
| EGI | $70.4k | $19.83 |
| − OpEx | −$21.1k | −$5.95 |
| NOI | $49.3k | $13.88 |
3,552 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$849.4K
$743.3K – $991.0K
NOI $59,460 @ 7.0% cap · market cap 9.52%
Second Best
Retail
$704.3K
$616.3K – $821.7K
NOI $49,302 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M
NOI $85,844 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
Similar For Sale Nearby
FAQs
What type of property is this?
Self service car wash - Closed 3,552 SF car wash building on an oversized outparcel lot within a busy strip center.
Where is this self service car wash located?
The property is located at 1250 DOUGLAS Road Oswego, IL.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: Closed 3,552 SF car wash building within a busy strip center; Oversized 1.1941‑acre outparcel lot with potential to reopen the car wash or redevelop; Currently zoned B2
