Car Wash Property on Corner
3006 W Roosevelt Road Chicago, IL 60612
3006 W Roosevelt Road, Chicago, IL, 60612
$525,000
For Sale
$525,000
Three-lot property with an existing car wash building, located on the northwest corner of Sacramento and Roosevelt Rd.
Property Size3,125 SF
Lot Size0.26 Acres
Price / SF$168
Days on Market360
Property Features for 3006 W Roosevelt Road
General Information
- Standard status
- Active
- Size
- 3,125 SF
- Lot size
- 0.26 Acres
- Property subtype
- Business Opportunity
Listing agency
Keller Williams Preferred Rlty
(708) 798-1111
Listed by
Robin Conner · License #471007824
(708) 798-1111
Source
Birdrealtysells
Added: Jul 28, 2025 Updated: Jul 22 at 2:21AM Checked: Jul 22 at 2:21AM
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 Keller Williams Preferred Rlty
Investment Insights
Based on property information with market context.
This for-sale car wash property includes three lots together with approximately 11,500 square feet of land and an approximately 3,125 square foot building. The building is currently used as a car wash business. The offering is described as priced at land value only, with an opportunity for a buyer to update the existing setup and continue operating from the site.
The property is located at 3006 W Roosevelt Road in Chicago, IL, on the northwest corner of Sacramento and Roosevelt Rd, with the listing describing the site as highly visible and positioned on corner lots. The total lot dimensions are approximately 92 by 125.
The remarks also note that the property is in an Enterprise Zone and an Opportunity Zone.
The property is located at 3006 W Roosevelt Road in Chicago, IL, on the northwest corner of Sacramento and Roosevelt Rd, with the listing describing the site as highly visible and positioned on corner lots. The total lot dimensions are approximately 92 by 125.
The remarks also note that the property is in an Enterprise Zone and an Opportunity Zone.
Key Highlights
- Three‑lot property with approx. 11,500 SF of land and a 3,125 SF building
- Building currently used as a car wash business
- Approx. lot dimensions total 92 x 125
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 | $67.5k | $21.60 |
| − Vacancy | −$5.7k | −$1.84 |
| EGI | $61.8k | $19.76 |
| − OpEx | −$18.5k | −$5.93 |
| NOI | $43.2k | $13.83 |
3,125 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$830.9K
$727.0K – $969.4K
NOI $58,163 @ 7.0% cap · market cap 11.08%
Second Best
Retail
$617.6K
$540.4K – $720.6K
NOI $43,234 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,140 @ 7.0% cap · market cap 19.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Nation Wide Hand ...
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Three-lot property with an existing car wash building, located on the northwest corner of Sacramento and Roosevelt Rd.
Where is this car wash located?
The property is located at 3006 W Roosevelt Road Chicago, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three‑lot property with approx. 11,500 SF of land and a 3,125 SF building; Building currently used as a car wash business; Approx. lot dimensions total 92 x 125
