600 West Rock Falls Rd Rock Falls, IL 61071
For Sale
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This exceptional investment opportunity presents a well-established, profitable car wash and lube center in Rock Falls, Illinois. Located on US Route 30 with a daily traffic count of 11,100 vehicles, this turnkey operation boasts a 6,290 square foot building on a 41,186 square foot lot. The property includes three quick lube bays, one hydraulic lift bay, a full basement, stock room, restrooms, shower, customer waiting area, and a private office. The car wash features two automated in-bay units, two self-service bays, one truck bay, and four vacuums. A 2019 renovation updated equipment and the building extensively, including a new de-ice system with an oil-burning furnace and gas boiler backup. Additional features include a surveillance system, LED lighting in the car wash bays, and vending machines. The business operates Monday through Saturday, with consistent 100% occupancy. Built in 1992 and extensively renovated in 2019, this property offers a 14% cap rate and is listed at $1,100,000. The B1 zoning provides flexibility for future expansion. This is a rare opportunity to acquire a thriving, owner-user business with significant potential for growth. The sale is contingent upon the successful sale of a related business.
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.