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    OFF-MARKET
    Specialty properties

    120 Gary Ave, Bloomingdale, IL 60188

    1.55 ac lot Built 2020
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2020-built express car wash in Bloomingdale, IL, presents a unique owner-user opportunity. Situated on a 1.55-acre lot at 120 S Gary Ave, Carol Stream, this single-story facility boasts state-of-the-art equipment including a STI Belt, 20+ vacuum stalls, and current POS systems. Its prime corner location offers high visibility and multiple ingress/egress points, ensuring smooth traffic flow. The business benefits from a rapidly growing wash club membership program with three tiers ($29, $39, and $54) and enjoys a strong 4.4-star Google rating. Its strategic location near major retailers like Shell, Dunkin', White Castle, and Pilot Gas Station provides significant exposure and customer traffic. The property is eligible for accelerated depreciation under IRS Code Sections 179 & 168(k), offering significant tax advantages. This e-commerce resistant business model, combined with its strong performance and prime location, makes this a compelling investment opportunity. Asking price: $5,800,000.

    Property profile
    Verified
    Property type Specialty properties
    Year built 2020
    Lot 1.55 ac (67,518 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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