1520 E Algonquin Road, Algonquin, IL 60102 | MLS 11484675 | Listing Information | J.W. Reedy Realty

1520 E Algonquin Road
Algonquin, IL 60102

Acre Lot
Courtesy: Chicago Real Estate Services Corp
J.W. Reedy Realty> Illinois> Algonquin> 60102
This well-managed and maintained CAR WASH is an excellent business and real estate opportunity for a new or seasoned CAR WASH owner. This 2795 sq.ft. building which sits on a half acre of land, has been recently updated with the latest equipment. The current owner has recently invested over $150,000 in capital expenditures, meaning buyers will take ownership of a cash-flowing asset with little need to invest heavily in additional costs to maintain or improve the property for a number of years. This car wash offers 4 self-service bays and 2 full service bays along with 6 vacuum stations, auto dryers and thermal units to provide hot water for floor heat, rail heat and hot water products. It is individually owned and operated business. All bays and vending machines are coin-operated and accept Debit and Credit cards as well. Located on the east side of Algonquin and conveniently positioned next to Starbucks, Chase Bank, Oil Change shop, and next to a fully remodeled plaza with stores and office buildings. This business opportunity may readily qualify for a SBA loan. Investors looking to capitalized on recently updated, cash-flowing asset can look no further than this car wash available for a price of $399,000.
Mc Henry
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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