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602 Montgomery Rd, Montgomery, IL, 60538

Montgomery Car Wash
Starting Bid: 75,000

Key Information

$ per SF
$37
Tot. SF
2,012
Year Built
2001
Type
Retail
Occupancy
0.52%

Highlights

  • Owner/User Opportunity: Opportunity to acquire the business, building, and underlying real estate
  • Consumer Versatility: Montgomery Car Wash features 3 self-service bays and 2 touchless automatic bays, along with additional revenue streams from vacuums and vending.
  • Traffic Exposure: The property benefits from strong visibility along Montgomery Rd, with traffic counts exceeding ±12,600 vehicles per day.
  • Recent Improvements: All 5 bays have been upgraded to accept cash and credit, with updated water lines and valves, replaced equipment room wiring, and new vacuum systems installed.
  • Convenience-Oriented Location: Positioned adjacent to a laundromat, benefiting from complementary traffic and multi-stop consumer behavior.
  • Strong Demographic: Located within a 3-mile radius of approximately ±119,061 residents and an average household income of $111,564.
  • Chicago MSA: Positioned within 42 miles of Chicago, providing access to a major metropolitan area.
  • 24-Hour Operation: The property operates 24/7, providing consistent revenue generation and convenience for customers at all hours.
  • Tax Benefits: Car washes qualifies for 100% bonus depreciation and accelerated depreciation, potentially enhancing investment returns *Please consult with CPA for details*

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661