Property profile

211 Capitol St Pekin, IL 61554

OFF-MARKET
Car washes
Property ID
US28-1522074
8,651 SF 0.54 ac lot Built 1965
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property at 211 Capitol Street, Pekin, Illinois presents a rare investment opportunity. The 8,651 square foot building sits on a sizable 1.03-acre lot and houses a thriving, established car detailing and car wash center. This business enjoys a significant advantage as the only full-service car wash in Tazewell County, ensuring a substantial and consistent customer base. The property's extensive commercial client book provides a strong foundation for continued success and profitability. Detailed financial information is available upon execution of a confidentiality agreement, allowing prospective buyers to thoroughly assess the business's performance and potential. The property's location on Capitol Street in Pekin offers excellent visibility and accessibility, contributing to its strong market position. This turnkey operation presents a unique chance to acquire a well-established, profitable business with significant growth potential in a desirable market. The substantial lot size also offers potential for future expansion or development, adding further value to this already impressive offering. Serious inquiries are encouraged to explore this exceptional investment opportunity. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1965
Total area 8,651 SF
Lot 0.54 ac (23,522 SF)
APN 04-04-34-420-003
UPID US28-1522074

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Wash

Location

211 Capitol St Pekin, IL 61554-3253
Pekin metro Census 20800 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

2 recorded transactions
1969
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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