Car Wash
For Sale
$624,500
1250 Douglas Rd, Oswego, IL 60543
Commercially zoned car wash property positioned within a shopping center in Oswego.
Property Size5,000 SF
Price / SF$124.90
Days on Market90
Property Features for 1250 Douglas Rd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Business Opportunity
Listing Agency:
Green Equities LLC
Listed By:
Nader Shahat · License #471017536
(630) 689-6446
Source:
Bktchicago
Added: Jul 17
Changed: Sep 15
Last Checked: Oct 7 at 3:44PM
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 LLC
Investment Insights
Based on property information with market context.
This car wash property is located at 1250 Douglas Road in Oswego, Illinois, within a shopping center setting. The property carries COMMR zoning and is identified as a car wash asset.
Access is provided from Route 34, also known as Ogden Avenue, with directions continuing to Douglas Road and the shopping center entrance. The property is situated in Kendall County.
Access is provided from Route 34, also known as Ogden Avenue, with directions continuing to Douglas Road and the shopping center entrance. The property is situated in Kendall County.
Key Highlights
- Car wash property classification
- COMMR zoning
- Located within a shopping center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,523
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,460
$430.5K
Cap Rate 7%
$307,471
$307.5K
Cap Rate 9%
$239,144
$239.1K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$32.4K $6.48/SF
− Vacancy
−$1.7K −$0.33/SF
EGI
$30.7K $6.15/SF
− OpEx
−$9.2K −$1.84/SF
NOI
$21.5K $4.30/SF
Area
Kendall County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,460
Cap Rate 7%
$307,471
Cap Rate 9%
$239,144
Alternative Uses
Best Use
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $83,700 @ 7.0% cap · market cap 13.40%
Second Best
Retail
$991.4K
$867.5K – $1.16M
NOI $69,401 @ 7.0% cap · market cap 11.11%
Theoretical Best
Office A
$1.73M
$1.51M – $2.01M
NOI $120,839 @ 7.0% cap · market cap 19.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 60543, IL
40,299
Population
14,327
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
41.9 sq mi
ZIP Area
962
Density / Sq Mi
$116,507
Median Household Income
$54,783
Median Earnings
$1,558
Median Rent
$319,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Car wash - Commercially zoned car wash property positioned within a shopping center in Oswego.
Where is this car wash located?
The property is located at 1250 Douglas Rd Oswego, IL.
What is the asking price?
The asking price for this property is $624,500.
What are key features of this property?
This property features: Car wash property classification; COMMR zoning; Located within a shopping center
