Property profile

1212 1st Ave Rock Falls, IL 61071

OFF-MARKET
Commercial real estate
Property ID
US28-3135771
0.33 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two established car washes situated in Rock Falls, Illinois. Located at 1212 1st Avenue and an additional location on Dixon Avenue, this property presents a unique chance to acquire a proven, high-volume business. The 1st Avenue car wash enjoys significant traffic flow, contributing to its consistent revenue stream. The Dixon Avenue location, also benefiting from high visibility and traffic, offers considerable flexibility. Its current use as a car wash could easily be adapted to accommodate a different type of business, expanding the investment's potential. The combined lot size totals 14,375 square feet, providing ample space for operations and potential future expansion. The asking price for this dual-car wash property is $199,000. Detailed financial information is available to qualified buyers upon request. This is a rare opportunity to acquire a well-established business with significant upside potential in a growing market. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.33 ac (14,375 SF)
APN 1133228027
UPID US28-3135771

Cap rate & NOI

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

Location

1212 1st Ave Rock Falls, IL 61071-1633
Rock Falls metro Census 1600 STERLING, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2024
Last sale
$150,000
7 recorded transactions
2024
$150,000
2024
Price N/A
2021
Price N/A
2021
Price N/A
2015
$100,000
2012
Price N/A
1969
Price N/A

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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