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Property profile & analytics

7740 43rd St Lyons, IL 60534-1548

  • Retail space
  • 0.19 lot acres
OFF-MARKET
Last Sale
Jun 27, 2023
$160,000
Value Estimations
$150,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1743407
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Super Soakers Car Wash & Laundry / Car Wash
  • A-1 carwash / Car Wash
  • A-1 laundromat / Laundromat

Property Details for 7740 43rd St

Year built
1955
Lot size
0.19 lot acres
Property type
Retail space
APN
18-01-123-007
APU
1801123007

Description

This exceptional turnkey business opportunity in Lyons, IL, presents a rare chance to acquire a thriving car wash and laundromat. The 2,700 square foot facility, situated on a spacious 15,862 square foot lot, boasts 5 car wash bays (4 self-serve, 1 automatic), 21 washers, 14 dryers, and ample vending machines. The property includes 14 parking spaces, ensuring convenient customer access. Recent upgrades to the building and equipment ensure a smooth transition for the new owner. The current owner offers value-added services like free vacuums and dryers, with wash and laundry starting at $3.00, presenting significant growth potential. The property is zoned R3, allowing for multi-unit residential development, should the new owner choose to pursue that option. The single-story building features a 10-foot ceiling height. Financial records indicate a strong cash flow, with an asking price of $397,000 ($147.04/sq ft, $79,400/unit). The current owner is willing to provide training and assistance to ensure a seamless transition. This is a unique opportunity to own a well-established, profitable business with significant upside potential. The property's location at 7740 43rd St, Lyons, IL 60534, in Cook County, offers excellent visibility and accessibility. The property is held as a corporation.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $150,000
    ML approach
    $130,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Lyons
County
Cook
State
Illinois
Longitude
-87.8149
Latitude
41.8136
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,237
$16,592
$11,587
$28,179
-
$66,368
$46,348
$112,716
More about this property
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