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    OFF-MARKET
    Car washes

    3241 Woodford St, Decatur, IL 62526-2835

    1.39 ac lot
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-4396010
    Property summary
    AI-generated overview

    This exceptional offering presents a unique opportunity to acquire two established car washes in Decatur, Illinois, for $1,250,000. The package includes two properties, located at 3241 N Woodford St, with APNs 07-07-35-480-013 and 04-12-15-102-018, and situated in Macon County, zip code 62526. The first car wash boasts eight bays – two automatic and six manual – including a dedicated truck bay and convenient vacuum stations. The second car wash features six bays – two automatic and four manual – complemented by vacuums and a unique pet washing station. Both locations benefit from high traffic, making them ideal for owner-operators seeking expansion or investors pursuing a 1031 exchange. This turnkey operation offers a blend of automatic and manual bays, maximizing customer convenience and revenue potential. The properties are well-maintained and represent a cash-flowing asset in a growing market. This is a rare opportunity to acquire a profitable, established business with significant upside potential. The properties are ready for immediate operation and offer a strong return on investment. This package is perfect for an investor looking for a stable, income-producing asset or an owner-operator seeking to expand their existing business.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Lot 1.39 ac (60,548 SF)
    Zoning code MUNICIPAL
    APN 07-07-35-480-013
    UPID US28-4396010
    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
    • Super Shine Car Wash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Decatur Car Wash LLC · 8 yrs held
    Decatur Car Wash LLC
    since 2018
    4 recorded transactions
    2018
    $850,000
    2018
    2018
    2010
    $1.0M
    Zoning & alternative use
    MUNICIPAL · Decatur, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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