Updated Self-Service Car
For Sale
$429,000
14510 Pulaski Rd, Midlothian, IL 60445
Real estate and the operating business are included in the sale.
Property Size4,375 SF
Price / SF$98.06
Days on Market87
Property Features for 14510 Pulaski Rd
General Information
Standard status
Active
Size
4,375 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Car Wash Bays
1
Amenities
touchless bay
vacuum stations
Building Details
Year Renovated
2023
Listing Agency:
Century 21 Circle
Listed By:
Mark Ahmad · License #471007186
(773) 983-1553
Source:
Bktchicago
Added: Jul 21
Changed: Oct 12
Last Checked: Oct 7 at 4:55PM
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 Century 21 Circle
Investment Insights
Based on property information with market context.
This self-service car wash includes one touchless bay and was fully updated in 2023. The facility accepts credit card payments, including at the vacuum stations, and the sale includes both the real estate and business.
The property is located at 14510 Pulaski Rd in Midlothian, Illinois, along a busy traffic corridor. Multiple PINs are associated with the property.
The property is located at 14510 Pulaski Rd in Midlothian, Illinois, along a busy traffic corridor. Multiple PINs are associated with the property.
Key Highlights
- One touchless self‑service wash bay
- Facility fully updated in 2023
- Credit card payment capability at wash and vacuum stations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,833
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,660
$376.7K
Cap Rate 7%
$269,043
$269.0K
Cap Rate 9%
$209,256
$209.3K
Market Conditions
NOI Build-Up for 4,375 SF
Gross rent
$28.4K $6.48/SF
− Vacancy
−$1.4K −$0.33/SF
EGI
$26.9K $6.15/SF
− OpEx
−$8.1K −$1.84/SF
NOI
$18.8K $4.30/SF
Area
Cook 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%
$376,660
Cap Rate 7%
$269,043
Cap Rate 9%
$209,256
Alternative Uses
Best Use
Specialty Retail
$1.05M
$915.5K – $1.22M
NOI $73,238 @ 7.0% cap · market cap 17.07%
Second Best
Retail
$867.5K
$759.1K – $1.01M
NOI $60,726 @ 7.0% cap · market cap 14.16%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,734 @ 7.0% cap · market cap 24.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 81%
Shops & Services 19%
McDonald's
Dining
23,579 visits/mo
0.1 miles
Dunkin' Donuts
Dining
8,624 visits/mo
0.1 miles
Old National Bank
Shops & Services
5,683 visits/mo
0.3 miles
Extra Space Storage
Shops & Services
1,706 visits/mo
0.4 miles
Demographics for 60445, IL
14,692
Population
6,228
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
4.3 sq mi
ZIP Area
3,417
Density / Sq Mi
$68,385
Median Household Income
$46,480
Median Earnings
$1,202
Median Rent
$201,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Self service car wash - Real estate and the operating business are included in the sale.
Where is this self service car wash located?
The property is located at 14510 Pulaski Rd Midlothian, IL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: One touchless self‑service wash bay; Facility fully updated in 2023; Credit card payment capability at wash and vacuum stations
