10-Bay Self-Service Car
For Sale
$639,000
7225 W 151st St, Orland Park, IL 60462
Closed automotive facility near a residential neighborhood and commercial corridor, with potential for several vehicle-related uses.
Property Size4,500 SF
Lot Size0.85 Acres
Price / SF$142
Days on Market51
Property Features for 7225 W 151st St
General Information
Standard status
Active
Size
4,500 SF
Lot size
0.85 Acres
Property subtype
Business Opportunity
Additional Details
Car Wash Bays
10
Building Details
Buildings
1
Abandoned
No
Listing Agency:
Century 21 Circle
Listed By:
Mark Ahmad · License #471007186
(773) 983-1553
Source:
Realtopiare
Added: Aug 25
Changed: Oct 10
Last Checked: Oct 7 at 5:04PM
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 currently closed self-service car wash includes 10 bays and approximately 4,500 square feet of building area. Interior access is not available, and the property is being evaluated from a drive-by perspective. The existing improvements may support continued car wash operations or consideration of vehicle-related concepts such as repair, oil change, and antique-car storage.
The property is located at 7225 W 151st St in Orland Park, within a residential neighborhood near a commercial corridor. An adjacent 16,000 square feet of vacant land on the west side may also be available, creating an opportunity to evaluate additional site area alongside the existing facility.
The property is located at 7225 W 151st St in Orland Park, within a residential neighborhood near a commercial corridor. An adjacent 16,000 square feet of vacant land on the west side may also be available, creating an opportunity to evaluate additional site area alongside the existing facility.
Key Highlights
- 10‑bay self‑service car wash
- Approximately 4,500 Sq. ft. of building area
- Currently closed; interior access is not available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,371
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,420
$387.4K
Cap Rate 7%
$276,729
$276.7K
Cap Rate 9%
$215,233
$215.2K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$29.2K $6.48/SF
− Vacancy
−$1.5K −$0.33/SF
EGI
$27.7K $6.15/SF
− OpEx
−$8.3K −$1.84/SF
NOI
$19.4K $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%
$387,420
Cap Rate 7%
$276,729
Cap Rate 9%
$215,233
Alternative Uses
Best Use
Specialty Retail
$1.08M
$941.6K – $1.26M
NOI $75,330 @ 7.0% cap · market cap 11.79%
Second Best
Retail
$892.3K
$780.8K – $1.04M
NOI $62,461 @ 7.0% cap · market cap 9.77%
Theoretical Best
Office A
$1.55M
$1.36M – $1.81M
NOI $108,755 @ 7.0% cap · market cap 17.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Home Improvements & Furnishings 3%
Shell
Shops & Services
8,766 visits/mo
0.1 miles
Fifth Third Bank & ATM
Shops & Services
3,052 visits/mo
0.2 miles
Public Storage
Shops & Services
909 visits/mo
0.3 miles
Ethan Allen
Home Improvements & Furnishings
451 visits/mo
0.5 miles
Demographics for 60462, IL
40,539
Population
17,335
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
16.0 sq mi
ZIP Area
2,534
Density / Sq Mi
$96,747
Median Household Income
$52,902
Median Earnings
$1,393
Median Rent
$330,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self service car wash - Closed automotive facility near a residential neighborhood and commercial corridor, with potential for several vehicle-related uses.
Where is this self service car wash located?
The property is located at 7225 W 151st St Orland Park, IL.
What is the asking price?
The asking price for this property is $639,000.
What are key features of this property?
This property features: 10‑bay self‑service car wash; Approximately 4,500 Sq. ft. of building area; Currently closed; interior access is not available
