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7740 43rd St - Super Soaker

2,700 SF Specialty Building Offered at $526,755 CAD in Lyons, IL 60534

Investment Highlights

  • Coin-Op Laundry & Car Wash
  • Walking Distance from Many Multi-Family Buildings
  • Updated Laundry Equipment Recent Building Renovations

Executive Summary

Opportunity is KNOCK-KNOCK-KNOCKING! Check out this rare fully turnkey operation CAR WASH and "LAUNDROMAT"! Two operations in one location. Your customers can do their laundry and wash their car at the same time. This site is fully equipped with 5 CAR WASH BAYS - 4 SELF SERVE BAYS, 1 AUTO WASH BAY as well as 4 VACUUMS. The laundry operation has 21 WASHERS, and 14 DRYERS. It also has VENDING MACHINES FOR SNACKS, SOAPS, CAR WASH SUPPLIES and COINS. This unique property and equipment have a large parking lot with room enough to make this the "One-stop Spot" for your new clientele's car washing/detailing, and laundry needs. Currently the owner offers free vacuum and free dryers with wash and laundering services, the fee starts at $3.00, but there is room for growth. "A car wash operation that collects cash in the rain." The building and equipment are updated and meet all codes. Additionally, the lot itself has POTENTIAL, can be repurposed and DEVELOPED due to its Multi Unit Zoning. Overall, there is no down-side, and the upside is chock full of potential for you as the future owner of this operation. Owner willing to assist/ train new owners. **Property can is currently commercial use, if considering for a redevelopment this property zoning can be residential per the village.**

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Taxes $20,368 $7.54
Operating Expenses - -
Total Expenses $20,368 $7.54

Financial Summary (Pro forma - 2024)

Taxes (CAD)
Annual $20,368
Annual Per SF $7.54
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $20,368
Annual Per SF $7.54

Property Facts

Price $526,755 CAD
Price Per SF $195 CAD
Sale Type Investment
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.37 AC
Building Size 2,700 SF
No. Stories 1
Year Built/Renovated 1958/2022

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-01-123-006-0000
  • 18-01-123-007-0000
Land Assessment
$53,268 CAD (2023)
Improvements Assessment
$2,469 CAD (2023)
Total Assessment
$55,738 CAD (2023)
Annual Taxes
$20,368 CAD ($7.54 CAD/SF)
Tax Year
2024

zoning

Zoning Code B-1, Lyons (R-3 (multi-family))
B-1, Lyons (R-3 (multi-family))
  • Listing ID: 30938263

  • Date on Market: 2024-02-12

  • Last Updated:

  • Address: 7740 43rd St, Lyons, IL 60534

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