Technical
Financial
Distress signals
Property profile

204 Carver St Winslow, IL 61089

OFF-MARKET
Commercial real estate
Property ID
US28-4300509
714 SF 0.06 ac lot Built 1945
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey car wash opportunity in Winslow, IL, presents a unique investment prospect. Located at 204 Carver St, this single-story, 712-square-foot building sits on a 2,380-square-foot lot (APN: 17-02-22-429-001). Constructed in 1945, the property offers a fee simple ownership structure. The sale includes the building, all existing equipment, and inventory, providing a complete and ready-to-operate business. Currently not in operation, the car wash boasts all necessary equipment in place, minimizing start-up costs and maximizing potential returns. The property features one unit and is ready for occupancy on October 23, 2024. This is a rare chance to acquire a well-situated car wash in a desirable location, offering significant potential for immediate income generation. The property's convenient location and existing infrastructure make it an attractive investment for both seasoned entrepreneurs and newcomers to the car wash industry. With no loading docks, this property is ideal for a smaller-scale operation. This is a prime opportunity to capitalize on a well-positioned business in a growing market.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1945
Total area 714 SF
Lot 0.06 ac (2,614 SF)
APN 17-02-22-429-001
UPID US28-4300509

Cap rate & NOI

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

Location

204 Carver St Winslow, IL 61089
Winslow metro Census 300 FREEPORT, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$155k

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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