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Property profile & analytics
OFF-MARKET Estimated value $265,000
Commercial real estate

250 Merchants Dr Oswego, IL 60543-9458

5,282 SF 0.48 ac lot Built 1988
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US28-5556216
Property summary
AI-generated overview

This exceptional commercial property, located at 250 N Merchants Dr, Oswego, IL 60543, presents a lucrative investment opportunity in the automotive industry. The 4,800 square foot building sits on a lot ranging from one to just under two acres and is zoned for commercial use. The property boasts a state-of-the-art drive-through car wash complete with a conveyor system, significantly enhancing operational efficiency. In addition to the car wash, a spacious 4,800 square foot auto detailing shop is included, providing ample room for various services. The building also features a sizable lobby area, a dedicated office space, and two customer restrooms, ensuring comfort and convenience for patrons. Abundant storage space is available throughout the facility. Strategically positioned between Route 30 and Douglas Road, this property benefits from high traffic volume, situated between established businesses like McDonald's and Jewel, ensuring high visibility and accessibility. The densely populated area provides a built-in customer base and significant potential for growth. This single-story building represents a rare opportunity to acquire a turnkey operation in a prime location, offering the potential for immediate revenue generation and long-term profitability. The property's size and features make it ideal for expansion or diversification within the automotive sector.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Total area 5,282 SF
Lot 0.48 ac (20,900 SF)
APN 03-04-283-029
UPID US28-5556216
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • RoadGuard Ignition Interlock Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k
Owner & transaction history
I&l Automotive INC · 10 yrs held
I&l Automotive INC
since 2015
7 recorded transactions
2015
$625,000
2015
$290,000
2014
Price N/A
2008
$1.9M
2004
Price N/A
2002
$996,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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