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    OFF-MARKET
    Specialty properties

    671 River Oaks Dr, Calumet City, IL 60409

    0.87 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional full-service car wash in Calumet City, Illinois, presents a unique owner-user opportunity. Located at 671 River Oaks Dr, 60409, this single-story building sits on a 0.87-acre lot. The business caters to diverse customer preferences, offering both interior detailing and exterior washing services. Benefit from high visibility, with daily traffic exposure exceeding approximately 18,800 vehicles. The property enjoys a prime location within a densely populated area, boasting a population of 123,103 within a 3-mile radius. Strong surrounding retail anchors include McDonald's, Dollar General, Macy's, Sam's Club, Buffalo Wild Wings, Baskin Robbins, and Dunkin' Donuts, ensuring high foot traffic and customer convenience. The asking price is $1,400,000. This investment offers additional tax benefits due to car washes qualifying for bonus depreciation

    Property profile
    Verified
    Property type Specialty properties
    Lot 0.87 ac (37,897 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
    Current use
    Occupant on record · Public records
    • Calumet City Car Wash Car Wash
    • Calumet City Auto Tinting Auto Repair Shop
    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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