Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1106-1110 Main St Lewistown, IL 61542

    Sponsored
    For Sale
    $350,000

    Prime Car Wash & Laundromat Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a well-established car wash and laundromat combination situated on high-traffic Route 24 and S. Main Street in Lewistown, Illinois. The property, built in 1970, includes one automatic and three manual car wash bays, along with a laundromat featuring ten front-loading washing machines. Significant recent improvements enhance efficiency and profitability, including a new energy-efficient boiler (2019), an updated automatic car wash system (2015), reverse osmosis (2019), a water softener (2017), energy-efficient windows (2013), a new laundromat water heater (2013), and new pay stations (2022). The entire asphalt parking lot was resurfaced in 2022, and the exterior of the buildings were painted in 2015. The current owners have successfully operated this business for twelve years and are now retiring, presenting a unique chance for a new owner to capitalize on this established, profitable venture. The property is listed at $350,000 and offers significant potential as the only car wash and laundromat in Lewistown. This turnkey operation is ready for a new owner to continue its success and serve the Lewistown community. The property is located at 1106-1110 S Main Street, Lewistown, IL 61542.

    Property Features for 1106-1110 Main St

    General Information

    Property type
    Land

    Building Details

    Year Built
    1970

    HighLights

    • Established car wash and laundromat combo in high‑traffic Lewistown, IL location.
    • Features one automatic and three manual car wash bays, plus ten front‑loading washers.
    • Recent upgrades include new boiler (2019), updated car wash system (2015), and resurfaced parking lot (2022).
    • Turnkey operation with strong twelve‑year operating history; owners retiring.
    • Priced at $350,000; only car wash and laundromat in Lewistown.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewistown
    County
    Fulton
    State
    Illinois
    Longitude
    -90.1554092
    Latitude
    40.3892991

    Nearby Comparable

    • $350,000
      1,520 SF

      and asphalt parking lot resurfaced (2022).""""}"""

      Lewistown Commercial Property: High ROI
      1106-1110 Main St, Lewistown, IL 61542
      View Details
    • New
      $88,750
      8.68 Acres

      Lewistown Land on County Highway

      8.68 acres of land with development or recreational potential.
      County Hwy 9, Lewistown, IL 61542
      View Details
    • $99,900
      2,340 SF

      Prime Lewistown Commercial Space

      2,340 sq ft, $99,900 - Great Investment!
      Us Hwy 24 Hwy, Lewistown, IL 61542
      View Details
    • $237,000

      23.7 Acres Farm Ground Available

      23.7 acres of farm ground near Big Horse Winery.
      County Rd, Lewistown, IL 61542
      View Details
    • $55,000

      Lewistown, IL Multi-Family Property

      Duplex with potential for storage units, being sold as-is.
      21904 Us Hwy, Lewistown, IL 61542
      View Details
    • $99,900

      Commercial Land in Lewistown, IL

      Commercial land available in Lewistown, Illinois, zoned for business.
      24 Us Hwy, Lewistown, IL 61542
      View Details
    • $378,000
      11,812 SF

      Havana IL Commercial Trio

      Historic Downtown Investment Opportunity
      200 Plum St, Havana, IL 62644
      View Details
    • $109,900
      0.33 Acres

      Turnkey Restaurant Opportunity in Havana

      Restaurant space on visible corner lot, Route 136/E Laurel Ave.
      602 E Laurel Ave, Havana, IL 62644
      View Details
    • $112,500
      2,056 SF

      Havana Restaurant - Turnkey Opportunity

      Established Restaurant, Prime Location, Equipment Included
      602 Laurel Ave, Havana, IL 62644
      View Details
    • $112,500
      2,056 SF

      Havana Restaurant & Land Sale

      Established Restaurant, Turnkey Opportunity
      602 Laurel Ave, Havana, IL 62644
      View Details
    • $378,000

      Havana IL Commercial Land Investment

      Historic Downtown Havana, IL - Multi-Building Opportunity
      0 200, Havana, IL 62644
      View Details

    Nearby Similar for Sale

    • $55,000

      Lewistown, IL Multi-Family Property

      Duplex with potential for storage units, being sold as-is.
      21904 Us Hwy, Lewistown, IL 61542
      View Details
    • $130,000

      Lewistown Commercial Property For Sale

      Commercial property with pole barn, Quonset building, and parking lot.
      S Main St, Lewistown, IL 61520
      View Details
    • $350,000
      1,520 SF

      and asphalt parking lot resurfaced (2022).""""}"""

      Lewistown Commercial Property: High ROI
      1106-1110 Main St, Lewistown, IL 61542
      View Details
    • $99,900
      2,340 SF

      Prime Lewistown Commercial Space

      2,340 sq ft, $99,900 - Great Investment!
      Us Hwy 24 Hwy, Lewistown, IL 61542
      View Details

    FAQs

    What type of property is this?
    Land - Prime Car Wash & Laundromat Location
    Where is this land located?
    The property is located at 1106-1110 Main St Lewistown, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Established car wash and laundromat combo in high-traffic Lewistown, IL location.; Features one automatic and three manual car wash bays, plus ten front-loading washers.; Recent upgrades include new boiler (2019), updated car wash system (2015), and resurfaced parking lot (2022).
    Request Owner's contact information
    1106-1110 Main St Lewistown, IL 61542
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1106-1110 Main St
    Lewistown, IL 61542
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106-1110 Main St Lewistown, IL 61542
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.