Brick Car
New
For Sale
$250,000
1305 Clark Street, South Beloit, IL 61080
The site includes a commercial car wash building on a parcel raised above the flood zone.
Property Size2,862 SF
Lot Size0.61 Acres
Price / SF$87.35
Days on Market3
Property Features for 1305 Clark Street
General Information
Standard status
Active
Size
2,862 SF
Lot size
0.61 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Automotive Uses
car wash
Real Estate Included
Yes
Building Details
Building Size
2,862 SF
Year Built
1986
Buildings
1
Units
1
Construction
brick
Listing Agency:
Century 21 Affiliated
Listed By:
De'andre Jones · License #94275-94
(608) 931-5806
Source:
Conradrealty
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 4:35PM
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 Century 21 Affiliated
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Investment Insights
Based on property information with market context.
This car wash property in South Beloit includes a 2,862-square-foot brick building constructed in 1986. The 0.61-acre parcel has been raised above the flood zone, and the property is zoned Commercial.
Key Highlights
- 2,862‑square‑foot car wash building
- 0.61‑acre parcel, or 26,550.81 square feet
- Brick construction; built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,802
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,040
$276.0K
Cap Rate 7%
$197,171
$197.2K
Cap Rate 9%
$153,356
$153.4K
Market Conditions
NOI Build-Up for 2,862 SF
Gross rent
$21.3K $7.44/SF
− Vacancy
−$1.6K −$0.55/SF
EGI
$19.7K $6.89/SF
− OpEx
−$5.9K −$2.07/SF
NOI
$13.8K $4.82/SF
Area
Winnebago County, IL
Vacancy
7.40%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,040
Cap Rate 7%
$197,171
Cap Rate 9%
$153,356
Alternative Uses
Best Use
Specialty Retail
$777.7K
$680.5K – $907.4K
NOI $54,442 @ 7.0% cap · market cap 21.78%
Second Best
Retail
$602.1K
$526.9K – $702.5K
NOI $42,148 @ 7.0% cap · market cap 16.86%
Theoretical Best
Office A
$780.1K
$682.6K – $910.1K
NOI $54,607 @ 7.0% cap · market cap 21.84%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
5,842 visits/mo
0.3 miles
Demographics for 61080, IL
11,252
Population
4,773
Households
2.4
Avg Household Size
38
Median Age
23%
College-Educated
93%
High-School Grad
25.1 sq mi
ZIP Area
448
Density / Sq Mi
$78,533
Median Household Income
$44,081
Median Earnings
$877
Median Rent
$172,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - The site includes a commercial car wash building on a parcel raised above the flood zone.
Where is this car wash located?
The property is located at 1305 Clark Street South Beloit, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,862‑square‑foot car wash building; 0.61‑acre parcel, or 26,550.81 square feet; Brick construction; built in 1986
