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Property profile & analytics
OFF-MARKET
Commercial real estate

406 7 St Dahlgren, IL 62828

2,700 SF 0.55 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This profitable car wash located at 406 N 7th Street, Dahlgren, IL, presents a unique investment opportunity. The 2,700 square foot facility sits on a 0.55-acre lot, offering significant expansion potential. Currently configured with two car wash bays and a dedicated truck bay, the property boasts ample space for additional services such as a truck wash or dog wash, capitalizing on the high traffic count of its State Highway location. Built in 1990, the car wash has undergone recent updates, including a new vacuum unit and upgraded pumps for the wash bays. Convenient customer amenities include a single-hand bay wash, a change dispenser, and two soda vending machines, which are included in the sale. The property's established clientele and prime location make it an attractive investment for both seasoned business owners and first-time entrepreneurs seeking a turnkey operation. The asking price for this well-maintained car wash is $65,000. This presents a rare chance to acquire a profitable business in a thriving small town setting with room for growth and expansion. The property's size and location offer significant advantages for a variety of business ventures.

Property profile
Verified
Property type Commercial real estate
Year built 1990
Total area 2,700 SF
Lot 0.55 ac (23,958 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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