1212 1st Ave, Rock Falls, IL 61071-1633
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.