120 Gary Ave, Bloomingdale, IL 60188
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.