Property profile

2637 100Th St Chicago, IL 60617

OFF-MARKET
Specialty properties
4,400 SF Built 1972
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving self-service car wash business and its accompanying building in Chicago, Illinois. Located at 2637 E 100th St, this 4,400 square foot facility, built in 1972, boasts excellent visibility on 100th Street, a thoroughfare with over 11,000 vehicles per day. The property benefits from a highly populated area, with over 342,863 people residing within a 5-mile radius. Its strategic location near major highways and high-volume retailers, including Walmart, Target, Wendy's, McDonald's, Trader Joe's, and Starbucks, ensures consistent customer traffic. Furthermore, its proximity to popular Chicago attractions such as Steelworkers Park, Rainbow Beach Park, South Shore Cultural Center, Jackson Park, and the Museum of Science and Industry, provides additional exposure to both local residents and tourists. The asking price for this turnkey operation is $895,000. This presents a unique opportunity for an owner-user to acquire a well-established business with significant growth potential in a prime Chicago location. The property's strong location and established clientele make this an attractive investment.

Property profile

Verified
Property type Specialty properties
Year built 1972
Total area 4,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • Home Decor Store Department Store

Location

2637 100Th St Chicago, IL 60617
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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